Community Development

EDD’s Community, Business & Rural Development Team (CBRDT) or "regional representatives" are located in the regions they serve in every corner of the state.  They assist communities in a broad variety of economic development needs:

  • Community infrastructure financing assisted by FUNDIT, a collaborative group of community development funding agencies who review and vet projects in a single meeting
  • Administers the Business Retention & Expansion Program in their respective regions
  • Workforce training for eligible businesses through the Job Training Incentive Program; Team members help businesses complete each step of the application process
  • Business development project funding in collaboration with the Finance Development Team
  • Rural small business recruiting with tools EDD provides, such as Hoovers business database
  • Strategic planning for economic growth and diversity; assisted by Data Center staff
  • Passing and using the Local Economic Development Act (LEDA) to provide local incentives for job creation
  • Taking advantage of New Mexico’s tax credit incentives for job creation
  • Assistance in responding to Potential Recruitment Opportunities (PROs) from the New Mexico Partnership
  • Resolve regulatory issues through the Office of Business Advocacy
  • Participate in implementing the objectives of EDD’s Rural Economic Development Council
  • Access to other EDD programs such as MainStreet

For professional economic development assistance contact your local Team member: