New Joint Housing Board to Hold First Meeting

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 meeting this week. Approved around a year ago, the board aims to address the chronic housing shortage affecting Bernalillo County. Its five members will identify vacant land and current buildings…

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

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 Cabezon will feature 126 homes at 2300 Westside Blvd. SE, across from Presbyterian Rust Medical Center. Homes will range from 650 to 1,500 square feet and rental prices will be…

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HUD Offers New Initiatives For Manufactured Housing

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 preserve and revitalize manufactured housing and manufactured housing communities. According to HUD, the $225 million competitive grant program will provide resources to support residents of manufactured housing through repairs and…

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