State of New Mexico

Zoning and Statutory Framework

While land use decisions are largely local, the New Mexico Statutes Annotated provide the legal framework for property rights, planning, and zoning powers delegated to municipalities and counties.

→ New Mexico Statutes – Land Use & Property

Economic Development Department (EDD)

The NM Economic Development Department (EDD) drives statewide business incentives, job creation programs, and strategic funding for commercial projects. Notable programs include:

  • LEDA (Local Economic Development Act) – Public-private funding for infrastructure improvements supporting job-creating commercial developments.

  • Job Training Incentive Program (JTIP) – Reimburses companies for on-the-job training costs.

  • Opportunity Zones – Certain areas of Santa Fe County qualify for capital gains tax deferral incentives.

EDD’s full 2025 strategic update:

→ New Mexico EDD 2025 State Plan

Overview of business incentives:

→ New Mexico Business Incentives


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