LEDA Recovery Grants Now Available
The LEDA Recovery Grants were created by the State of New Mexico in the 2021 Legislative Session by House Bill 11 to provide $200 million in grant funding to New Mexico small businesses that are experiencing financial hardship due to the pandemic. These grants are specifically tied to job creation, must be used as reimbursements of rent, lease or mortgage payments, and are prioritized based on the severity of economic decline experienced by the business.
$200 million available for NM small businesses
Funding tied to job creation
Eligible expenses include reimbursements for rent, lease or mortgage payments
Applications close June 15, 2021
The LEDA Recovery Grants information and application are available at LEDA Recovery Grants | New Mexico Finance Authority (nmfinance.com). The New Mexico Finance Authority contact information for any questions or support you may need is; Email: CARES@nmfa.net Phone: (505) 992-9696.