AFL-CIO Housing Investment Trust Brings Together Stakeholders to Foster Housing Development and Construction Careers in New Mexico
Earlier this month, the AFL-CIO Housing Investment Trust (HIT) was joined by U.A. Local 412 in hosting the New Mexico Development Community Roundtable to explore housing investment opportunities in the ...
Read More Affordable housing program aims to level the field for low-income New Mexicans
The housing crisis continues to be a burden for many, but the MFA wants to address concerns with its new program Organizations throughout New Mexico now have the opportunity to ...
Read More The Benefits of Having an Accessory Dwelling Unit in Albuquerque
As a resident of Albuquerque, New Mexico, I am keenly aware of the challenges many homeowners face when it comes to finding affordable housing options for themselves and their loved ...
Read More Let’s Reimagine the Relationship Between Housing and Parking
As cities around the country continue to grapple with housing shortages and urban sprawl, it is crucial to reexamine the relationship between housing and parking. The prevailing approach of abundant ...
Read More Embracing the Joy of Living in My Mom’s Casita in Albuquerque
Living in my mom's casita has been a real game-changer, especially during the pandemic. She actually asked me to move in with her, and despite my initial doubts, I decided ...
Read More Good government; Casita compromise hits sweet spot, and city needs a ‘strong mayor’
In a democracy, you have to make some compromises to get things done. And the Albuquerque City Council did just that Wednesday night passing a landmark zoning amendment that could ...
Read More Where are casitas permitted in the Albuquerque metro area?
Casitas could be coming to your neighborhood, following a highly anticipated City Council vote Wednesday . But, depending on where you live, they might already be there. Albuquerque City Council ...
Read More Housing Forward is key to the promise of Albuquerque
In Albuquerque, New Mexico, there is nothing more fundamental, more important than family. Our priorities, from public safety to housing and everything in between, all reflect our commitment to supporting ...
Read More Editorial: Casita proposal worth exploring, but details crucial
The literal housing landscape of Albuquerque could be changing in response to the housing crisis, and whether that's for better or worse depends on the guardrails the Albuquerque City Council ...
Read More Fix is basic math: Supply must be greater than demand
Although recent rent growth has outstripped global inflation trends, over the 20 last years the rent growth has been only 2.5% annually. This includes the dark period of the global ...
Read More Hotel/motel conversions add homes, better areas
Albuquerque, like many cities across the United States, is facing a housing crisis. The cost of rent for simple one-bedroom apartments has increased by as much as 42% during the ...
Read More Prefabrication: A Solution for Increasing Albuquerque’s Housing Stock
Albuquerque is in the midst of a growing housing crisis, primarily caused by a shortage of available units, in both market rate & affordable housing categories. With metro population growing ...
Read More Rent-control policies can hurt landlords and renters as well
Rent-control policies, while well-intentioned, are not a viable solution to the current affordable housing crisis. In fact, they can negatively affect both landlords and renters in the long run. First ...
Read More Renting Is Back on Top for Consumers
Columnist Lew Sichelman examines the effects of higher interest rates on the rent vs. buy debate. Just one year ago, home ownership was more affordable than renting in most places, ...
Read More Albuquerque ranked as #1 most affordable U.S. city for people who want to live alone
There aren’t many big cities where rent is cheap, even for a studio apartment. But if you’re single and don’t like roommates, online brokerage RentHop found the 15 U.S. cities where rent ...
Read More The Kirtland Partnership Committee stands in strong opposition of Senate Bill 99, The Repeal of Rent Control Prohibitions
From a military standpoint, repealing the statewide prohibition to rent control is a misguided policy that will have a detrimental effect on military personnel and their families. Rent control can ...
Read More Rent Control = Less Affordable Housing
SB 99, sponsored by Senator Linda Lopez (D-Bernalillo) and Representative Patricia Roybal Caballero (D-Bernalillo) sought to repeal a state law adopted some 30 years ago that precludes local governments from ...
Read More Albuquerque city councilor pushes for more renter protection
Albuquerque City Councilor Tammy Fiebelkorn is behind two new proposals aimed at regulating Albuquerque’s rental market. She says the goal is to give city leaders a better idea about how ...
Read More The U.S. Housing Shortage from a Local Perspective [PDF]
There is a broad, national consensus that the United States has a housing shortage. For decades, housing production and preservation has fallen short of what is needed to keep housing ...
Read More Apartment Rent Growth Set to Keep Slowing This Year
Tenants maxed out on rental spending combined with new apartment supply are expected to moderate increases The pandemic-fueled boom for multifamily building owners is fading fast going into 2023. Apartment ...
Read More NAIOP’s executive director outlines some the group’s priorities for the New Mexico legislature
Speeding Rhiannon Samuel, the executive director of NAIOP NM, recently spoke with Albuquerque Business First about some of the organization's priorities for the 2023 legislative session in Santa Fe. Read ...
Read More List of Apartments Under Construction in Albuquerque
There are currently 30 communities under construction in Albuquerque, representing 4,274 new apartments. Market apartments make up 57.5% of the total, while affordable apartments account for 42.5% of the new ...
Read More Gateway Center is a step in addressing homelessness
Housing the unhoused. No resources to treat the underlying causes. We’ve all heard a lot about it in the news over the last few years. Despite controversies and delays, the ...
Read More The US Is Nationally Rent Burdened for the First Time
The national average rent-to-income reached 30% for the first time in the more than 20 years. The US is now rent-burdened nationally for the first time, according to new research ...
Read More White House Mulls Tenant Protections as Local Rent Control Push Grows
Boston readies 6% rent hike cap as Massachusetts moves to lift preemption. At a time when apartment rents are starting to descend from the record highs—and the momentum for rent ...
Read More Two lawmakers spend night on streets in Downtown Albuquerque
Two New Mexico lawmakers woke up on the streets of Downtown Albuquerque Sunday, January 22. They say it’s an effort to learn more about the homeless crisis in our state. ...
Read More Governor hopes to go big on housing, homelessness
You need over a quarter of a million dollars, on average, to buy a house in Albuquerque. It’s at least twice that much in Santa Fe. Want to rent an ...
Read More Despite Everything You Think You Know, America Is on the Right Track
Yes, America is a wounded giant—but it always has been, and the case for optimism is surprisingly strong. Negativity is by now so deeply ingrained in American media culture that ...
Read More City and County Explore Joint Housing Authority
City seeking $50 million from state legislature to support housing efforts As the start of the 60-day legislative session approaches, the City of Albuquerque announced that it is requesting $50 ...
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