StateSubsidies
Back to all incentives
GrantNew MexicoActiveVerified

New Mexico LEDA — Local Economic Development Act Grants

New Mexico Economic Development Department (NMEDD)NM-LEDA
Max per Applicant

$5.0M

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

New Mexico

About This Program

Infrastructure grants to New Mexico local governments to support economic development projects creating primary jobs, funding roads, utilities, broadband, and building improvements for qualifying employers.

Key Requirements & Eligibility

  • 1Municipality or county must apply on behalf of a qualifying employer
  • 2Employer must create primary jobs (bringing new money into NM economy)
  • 3Wages must be at or above median wage for the relevant occupation
  • 4Grant funds infrastructure only; employer cannot receive funds directly
  • 5Job creation commitments include clawback if targets not met within 3 years

Related Programs

Tax CreditFederalVerified

IRA Section 48 Standalone Battery Energy Storage Tax Credit

DOE · United States

Extends the Investment Tax Credit to standalone battery storage systems with capacity of at least 5 kWh, decoupled from solar. Projects in energy communities or using domestic content receive bonus credits up to 10% each.

Energy StorageClean TechnologyManufacturing
Details
Tax CreditFederalVerified

IRA Section 48C Advanced Energy Manufacturing & Recycling Tax Credit

DOE · United States

Provides a 30% investment tax credit for qualifying advanced energy projects, including manufacturing facilities for clean energy equipment and industrial decarbonization projects. Projects must be certified by the IRS through a competitive application process.

Energy ManagementManufacturingClean Technology
Closed (Dec 31, 2025)
Details
Tax CreditStateVerified

New York State Brownfield Cleanup Program Tax Credit

NYSDEC · New York

Provides transferable tax credits for remediating contaminated brownfield sites and redeveloping them for residential, commercial, or industrial use, with enhanced credits for affordable housing and green buildings.

Real EstateConstructionGovernment & Nonprofit+1
Details

Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

Official Source
Share:𝕏in

Applicable Industries

ManufacturingTechnologyAgriculture & RuralFilm & Media
Official Source