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From 2021 to 2022, Albuquerque rent increased by 20%, as did the median home cost, according to Housing Forward ABQ. In 2022, the average rent was $1,235. Nearly half of the city's renters spend ...
In October 2022 Keller set a goal for the city to subsidize 5,000 housing units by 2025, calling it "extremely ambitious." With three months left until 2025, that sentiment proved to be accurate ...
Permanent, federally funded housing came into being in the United States as a part of Franklin Roosevelt's New Deal. Title II, Section 202 of the National Industrial Recovery Act, passed June 16, 1933, directed the Public Works Administration (PWA) to develop a program for the "construction, reconstruction, alteration, or repair under public regulation or control of low-cost housing and slum ...
Aug. 30—Another affordable housing project has broken ground in Albuquerque, the latest in a series of developments as public and private officials try to counter slim supply. The project ...
The Fair Housing Assistance Program (FHAP) is a federal program that is administered by the Office of Fair Housing and Equal Opportunity at the U.S. Department of Housing and Urban Development. The FHAP program provides funding annually on a noncompetitive basis to State and local agencies that enforce fair housing laws that are substantially ...
The department's mission is "to increase homeownership, support community development and increase access to affordable housing free from discrimination." [3] The secretary of housing and urban development is a Level I position in the Executive Schedule, [4] thus earning a salary of US$246,400, as of January 2024. [5]
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