Local Economic Development Act (LEDA)

Local Economic Development Act (LEDA): Under the Local Economic Development Act (LEDA) (5-10-1 to 5-10-13 NMSA 1978) the New Mexico Economic Development Department (NMEDD) is granted authority to administer grants to Local Governments (Municipality and/or County); to assist expanding or relocating businesses that are Qualified Entities that will stimulate economic development and produce public benefits pursuant to LEDA. All grants are funded on a strictly reimbursement basis.

Find the application for LEDA here.(PDF, 856KB)

Los Alamos County may provide financial support for economic development projects in four general categories:

· industrial revenue bonds;

· small technology-based business financial assistance;

· building façade improvements; and

· other economic development projects.

Applications for participation in the category of Other Economic Development Projects will be evaluated for financial support on a first-come, first-served basis up to an amount established by the County Council or up to the limit in a given fiscal year as governed by the Local Economic Development Act.(PDF, 231KB)

New LEDA Initiative for Retail Businesses

In addition to the above programs, Los Alamos County launched a new LEDA initiative on September 2, 2025, designed to support local retail businesses. This initiative seeks to strengthen the retail sector by encouraging investment, expansion, and job creation within the community.

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