BATON ROUGE, La. (October 16, 2025) – Louisiana Economic Development (LED) has launched Louisiana FastSites, a $150 million initiative designed to transform land and infrastructure into project-ready sites, helping businesses invest and expand faster across the state.
Funded through the state’s new Site Investment and Infrastructure Fund, FastSites empowers local and regional partners to prepare development-ready properties that reduce time, cost, and risk for incoming projects.
“This is one of the most forward-thinking site development models in the country,” said Ileana Ledet, LED Chief Economic Competitiveness Officer. “FastSites aligns government efficiency with private-sector speed, ensuring Louisiana meets the demands of global investment while strengthening communities and infrastructure.”
Projects receiving funding must show measurable economic returns and begin construction within nine months. Eligible applicants include public entities such as economic development organizations, municipalities, and redevelopment authorities. Privately owned sites may also qualify under specific guidelines.
The first funding round opens October 30 and closes December 15. LED will host a webinar on October 27 at 2:00 p.m. to help applicants learn more about the process.
For complete program details and application guidelines, visit OpportunityLouisiana.com/FastSites.
