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The project, called Route 66 Flats, near Central and Unser, is being developed by BlueLine Development Inc. and has 47 one-bedroom units and one two-bedroom unit, according to Housing New Mexico ...
The federal government, through its Low-Income Housing Tax Credit program (which in 2012 paid for construction of 90% of all subsidized rental housing in the US), spends $6 billion per year to finance 50,000 low-income rental units annually, with median costs per unit for new construction (2011–2015) ranging from $126,000 in Texas to $326,000 ...
The LIHTC, established in 1986, stands as a groundbreaking departure from the typical structure of supply-side housing programs, which primarily relied on subsidizing low-income housing. As of 2010, this innovative approach yielded the construction of 1.5 million low-income housing units. [38]
The area has a mixture of commercial districts and low to high-income neighborhoods. Northwest Albuquerque includes the largest section of Downtown, Rio Grande Nature Center State Park and the Bosque ("woodlands"), Petroglyph National Monument, Double Eagle II Airport, the Paradise Hills neighborhood, Taylor Ranch, and Cottonwood Mall.
Aug. 24—YES Housing Inc. aims to bring more affordable housing to the Duke City and is working through two projects — one in the construction phase and the other in planning — to do just that.
May 31—The city of Albuquerque will open a temporary housing facility for young adults ages 18-25 at the San Mateo Inn building, city leaders announced Friday. "We don't always see these young ...
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