photo Todd Clarke

News

YES Housing works through two affordable housing projects in Albuquerque!

February 10, 2025

YES Housing Inc. aims to bring more affordable housing to the Duke City and is working through two projects — one in the construction phase…

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Homelessness increased again across NM since last year, according to latest ‘point-in-time’ count

February 10, 2025

The number of people living on the streets of New Mexico increased to the highest level since at least 2009, according to a new “point-in-time”…

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This $35,000 Tiny House is Designed to Avoid Building Permits

February 4, 2025

For an extra $9,990, you can get a fully off-grid Microhaus with solar power, a battery, and a composting toilet. Building a backyard cottage can…

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Las Cruces Retiree Losing Home Sparks Call for More Tenant Protections

January 31, 2025

A group of about 50 people gathered in front of a quiet, single-story apartment building on a quiet Las Cruces street Saturday morning. Many of…

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$2 Billion Housing Development Comes to the Border

January 31, 2025

The first housing development in the Santa Teresa industrial area awaits the final green light before breaking ground in mid-2025. The 1,180-acre development plans to…

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Housing New Mexico Awards Nearly $2.5M to Angel Fire Development

December 23, 2024

The Housing New Mexico Board of Directors approved a $2.42 million award for rental housing in the Village of Angel Fire and a $732,939 award for…

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Albuquerque Home Prices Decrease, Inventory Increases in September

October 13, 2024

Home prices in the Albuquerque residential market continued on a trend of decline in September, according to the latest Greater Albuquerque Association of Realtors report. The…

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Debate on More Tax Dollars for the Unhoused Draws Concerned Citizens

September 23, 2024

Are more tax dollars needed to provide housing for those experiencing homelessness in Albuquerque? There were no simple solutions during a Saturday debate at the…

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$6.5M Permit Issued for Farolito Senior Community

September 23, 2024

The City of Albuquerque issued 24 commercial building permits between Sept. 16 and Sept. 20. The permit for the largest project in terms of square…

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NM Department of Transportation Lays Out Plans for EV Infrastructure Program

September 22, 2024

On Friday, the New Mexico Department of Transportation (DOT) gave a presentation about its electrification program at the Urban Land Institute’s “Unlocking Infrastructure in New…

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Rent Is Eating Up a Greater Share of Tenants’ Income in Almost Every State

September 16, 2024

Arizona and Nevada had the biggest spikes in renters paying 30% or more of their income on housing from 2019 to 2023. There were 21…

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Most New Mexico College Students Struggle with Unstable Housing and Limited Food

August 29, 2024

Nicole Pelt is on track to be the first person in her family to graduate college. The 20-year-old Diné student is in her senior year…

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Soaring Insurance Costs Could ‘End’ Affordable Housing, Developers Warn

August 25, 2024

Developers and landlords of subsidized housing, who cannot raise rents or charge more for starter homes, say property insurance increases could put them out of…

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Three New Mexico Tribal Communities Awarded $10.5 million in Federal Housing Money

August 5, 2024

On July 29, the U.S. Department of Housing and Urban Development awarded $10.5 million to three Tribal communities in New Mexico for new affordable housing…

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New Statewide Housing Report Finds Problems Linger With Affordability, Homelessness, Quality

July 25, 2024

Housing continues to be unaffordable for many renters and homeowners across the state, according to a report released by the New Mexico authority tackling the…

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NM MFA: 2024 New Mexico Housing Needs Assessment

July 25, 2024

The Housing Needs Assessment is a comprehensive report on housing issues in New Mexico. Key Findings presents current year Housing Needs Assessment’s most telling state-level indicators related…

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Albuquerque Residential Market in Top 50 Most Unaffordable

July 19, 2024

Albuquerque ranked 45th out of 100 total cities for unaffordable housing, according to a data analysis from RealtyHop. Read More

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$1M From Feds Would Add Transitional Housing for Homeless Families

June 10, 2024

Transitional housing options for Albuquerque’s women and children exiting emergency shelters are limited and waitlists are long — circumstances that can result in a return…

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Senator Fetterman and Representative Blunt Rochester Introduce Legislation to Reduce Regulatory Barriers to Affordable Housing

June 10, 2024

Senator John Fetterman (D-PA) and Representative Lisa Blunt Rochester (D-DE) introduced the “Reducing Regulatory Barriers to Housing Act” (S.4460, H.R.8604) in their respective chambers of the…

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Guest Column: How to Prepare Your Business for Uncertain Real Estate Market

June 5, 2024

If there’s one common theme that resonates across the real estate market, from property owners, to investors and developers, it’s uncertainty. Constant changes in the…

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How the HUD’s New Income Limits Will Impact New Mexico Families

June 3, 2024

Housing in Albuquerque is still sparse to say the least and the high prices aren’t helping. At least one national site has the average rent…

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Judge Strikes Down Santa Fe “Mansion Tax”

May 22, 2024

In a Wednesday morning hearing, First Judicial District Court Judge Bryan Biedscheid ruled against a popular and pending tax intended to help create a funding…

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Albuquerque Journal: One-on-One with Kendra Yevoli, Executive Director Ventana Fund

May 21, 2024

Kendra Yevoli wants to turn New Mexico’s economy around. Yevoli, the executive director of the Ventana Fund, has two children and three grandchildren who live…

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Wages in New Mexico Flatline, Employment Sees Uptick

May 7, 2024

New Mexico can’t seem to break $40,000 in median annual pay. That figure has remained static since the end of last year, according to ADP Pay…

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Top 10 Trends in Affordable Housing

May 6, 2024

Among affordable housing developers today, there’s one commonality tying projects together: uncertainty. AEC firms share their latest insights and philosophies on the future of affordable…

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Mayor Keller Signs Resolution to Accelerate Housing Construction in Albuquerque

May 2, 2024

A new bill designed to boost housing construction and streamline the construction process for developers within the Albuquerque metro has been approved. Resolution 24-22, which prioritizes…

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New Joint Housing Board to Hold First Meeting

March 28, 2024

The Middle Rio Grande Housing Collaborative, a new board jointly formed by the City of Albuquerque and Bernalillo County, is set to hold its first…

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Austin-Based Developer Begins Construction on Rio Rancho Build-to-Rent Community

March 26, 2024

An Austin-based real estate developer and an Albuquerque-based homebuilder are teaming up to construct the City of Vision’s first build-to-rent community. The Eleanor Rio Rancho…

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HUD Offers New Initiatives For Manufactured Housing

March 1, 2024

The U.S. Department of Housing and Urban Development (HUD) has announced its Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Program, which is designed to…

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El Paso Ready to Open Advanced Veterans Center for Homeless Support

February 17, 2024

A new center aimed to support homeless veterans is preparing to open in Downtown El Paso. The center is the Veterans Transitional Living Center located…

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