Archive for June 2024
$1M From Feds Would Add Transitional Housing for Homeless Families
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 to life on the streets for families experiencing homelessness. However, $1 million in funding requested by Rep. Melanie Stansbury, D-NM, would expand housing availability for the vulnerable group. Transitional housing…
Read MoreSenator Fetterman and Representative Blunt Rochester Introduce Legislation to Reduce Regulatory Barriers to Affordable Housing
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 U.S. Congress on June 5. The NLIHC-endorsed legislation will empower state and local governments to proactively address the affordable housing crisis by directing HUD’s Office of Policy and Research to…
Read MoreGuest Column: How to Prepare Your Business for Uncertain Real Estate Market
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 market, such as interest rates, inflation and rising operational costs, to name just a few, have the potential to negatively affect real estate businesses. With no crystal ball to read…
Read MoreHow the HUD’s New Income Limits Will Impact New Mexico Families
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 in the metro up $150 from last year. But there is some help for New Mexicans really struggling to make ends meet. The federal Department of Housing and Urban Development,…
Read More