Albuquerque, Bernalillo County to obtain main housing funding — City of Albuquerque

ALBUQUERQUE – Albuquerque and Bernalillo County will obtain $80 million for housing and homelessness tasks, a part of a $120 million statewide allocation introduced earlier this month by Gov. Michelle Lujan Grisham to broaden reasonably priced housing choices, scale back homelessness, and enhance public security in New Mexico.  

The New Mexico Department of Workforce Solutions’ (NMDWS) Office of Housing will oversee distribution of the funds. 

“When families don’t have to worry about keeping a roof over their heads, everything else becomes possible,” stated Gov. Lujan Grisham. “These investments reflect our commitment to tackling housing and homelessness with urgency and compassion.” 

“Today we celebrate what we can do when we all work together to tackle our housing challenges,” stated NMDWS Cabinet Secretary Sarita Nair. “The Lujan Grisham administration is investing in proven strategies to expand the stock of affordable and attainable housing, prevent homelessness, increase coordination and capacity in the shelter system, and fortify pathways out of homelessness.”

“Every New Mexican deserves the opportunity to create a better life for their family. That’s why we pushed for this historic, direct investment to expand access to affordable housing and help address homelessness in our communities,” stated New Mexico House Speaker Javier Martínez (D-Albuquerque). “Safe, stable housing is not only key to improving the well-being of our kids and families, it will also help us tackle some of the toughest challenges facing our state—like persistent crime and generational poverty. We are grateful to see these projects get off the ground and we will continue our work to make life more affordable for you and your family.” 

The first spherical of allocations displays state legislators’ intention to prioritize tasks within the Albuquerque-Bernalillo County metropolitan space, with the potential to totally expend the funds by June 30, 2026.  

Funded tasks: 

• Poblana Place Apartments

• Gateway and Youth Homelessness Facilities

“Bernalillo County is grateful for the leadership of our Legislature and the Governor and our partnership with the City of Albuquerque as we move forward together,” stated Bernalillo County Commissioner Barbara Baca. “This visionary commitment will jump-start our ‘BernCo Builds Communities’ initiative to create real housing solutions and revitalize our communities.” 

“It has taken us years to build our ‘all of the above,’ layered approach to housing with the Gateway system that meets people where they are,” stated Mayor Tim Keller. “We’re seeing results, and we appreciate the support from the Governor and the Legislature, which will enable us to make more progress to help more folks find stable housing.” 

Project Descriptions 

Poblana Place Apartments:  $17,850,517 

Located at 2818 Fourth St. NW, Bernalillo County is in negotiations to buy the “move-in ready” 84-apartment house complicated to incorporate workforce housing and supportive companies for seniors and displaced youth. 

Sombra del Oeste: $1,500,000 

A brand new mixed-income improvement of townhomes is designed to draw first-time consumers in southwest Albuquerque. The plan is so as to add 72 houses (55 three-bedroom, 17 two-bedroom) by June 2026. Housing New Mexico has joined state mortgage lender Homewise in organising funds to supply down fee help for about 14 houses and will likely be arrange right into a revolving account so future house consumers in the neighborhood can also obtain the identical profit. All home equipment will likely be electrical and residences can decide in to including photo voltaic panels to their houses. 

Tierra Linda: $6,000,000 

Located in Southwest Albuquerque at Dennis Chavez Boulevard and East 98^th Street, it’s going to add 240 houses and home an estimated 840 residents. Construction will include 10 three-story wood-framed, garden-style walkup buildings in a recent Southwestern architectural model and a group clubhouse together with a kitchenette, health/train room and an out of doors veranda. Eligibility will likely be for these incomes lower than 60% of the world median revenue (AMI), or lower than $38,400 yearly for one individual to $54,840 for a four-person family. The Bernalillo County Board of Commissioners accepted $55 million in challenge income bonds for West Mesa Ridge A and utility for Phase B is pending. 

Wells Fargo Building: $10,000,000 

The redevelopment will convert the 13-story construction into Lomas Tower – 100 residences for an estimated 140 individuals complete. Eligibility will likely be for these incomes lower than 70% AMI ($44,800 for a one-person family, $51,240 for 2). The first stage will function banking companies, places of work, group amenity rooms, and health and retail house. Residences and a restaurant will occupy the second flooring, and ranges 3-12 will embrace one- and two-bedroom houses. Final Bernalillo County Board of Commissioners approval of $35 million in challenge income bonds is pending. 

West Mesa Ridge A: $3,500,000 
West Mesa Ridge B: $10,000,000 

This West Side multifamily facility below development at 701 Coors Blvd. will embrace 128 one- to three-bedroom houses out there to accommodate as much as 448 residents. Eligibility will vary from 30% ($19,200 for a one-person family, $27,400 for 4) to 80% AMI ($51,200 for one individual as much as $73,100 for 4). The county accepted $28.9 million in challenge income bonds. 

Albuquerque Juniper Flats: $5,000,000 

This challenge, previously generally known as Juniper Flats, will now be generally known as Gateway Senior. Over the final yr, 300 senior residents aged 65 and older slept at Gateway West, the City’s largest shelter. . To bridge this hole, the City is in negotiations to buy Gateway Senior, which can provide 204 reasonably priced housing models, case administration, and different important wrap-around companies.    

Gateway and Youth Homelessness Facility: $16,839,604 

Gateway Center: 

• At the middle of the Gateway System of Care is the Housing and Treatment Navigation Model. Through this intergovernmental settlement, $1.35 million will likely be allotted to broaden the Women’s Housing and Treatment Navigation program by 50 beds, providing intensive case administration, entry to remedy, and connection to everlasting housing.

• $1.35 million will likely be allotted for working the primary 42 Men’s Housing and Treatment Navigation Center beds.

• An further $1.35 million will go towards the operation of fifty further Men’s housing and Treatment Navigation Center beds.

• $1.28 million to keep up operations on the First Responder Receiving Area, which supplies in a single day connections to brief and long-term assets and remedy.

• $1.16 million in further operational {dollars} at Gateway Center

• $2.97 million for roof enhancements at Gateway Center

Gateway West: 

• $6.1 million is allotted for ongoing operations and $400K for facility enhancements at Gateway West, which serves greater than 660 individuals nightly and supplies case administration and assets to attach individuals to their subsequent steps.

Gateway Young Adult: 

• Over the final yr, 138 younger adults known as Gateway West house. Now, Gateway Young Adult will fill this want, as a extra applicable house for younger adults to get related to assets and everlasting housing. Through this Intergovernmental Agreement, $862,500 will likely be allotted to function the Gateway Young Adult Housing and Treatment Navigation Center, which will likely be situated at San Mateo close to I-25.

• Gateway Young Adult will embrace:

• 41 beds for younger adults ages 18–25

• Intensive Case administration, entry to substance use remedy, and supportive companies resulting in everlasting housing