Posts by aromero@ventanafund.org
Las Cruces Landlord Tenant Relations
Landlord/Tenant Relations Handbook The Landlord/Tenant Relations Handbook is a useful guide for both renters and landlords to know their rights and responsibilities under the New Mexico Uniform Owner-Residents Relations Act, more commonly known as the “Landlord-Tenant Law.” Handbook Highlights Deposit information Fair Housing Laws/Discrimination Prohibitions Landlord and tenant obligations An overview of going to court…
Read MoreState Creates Council to Address Lack of Affordable Housing Amid Surge in Homeless Population
Orlando Santillanes, 42, holds his dog, Coqueta, as he sits inside the broken-down vehicle he has been living in for the past six months parked underneath Interstate 40 near Downtown Albuquerque on May 23. (Chancey Bush/Journal) SANTA FE – New Mexico’s homeless population has surged by 48% over the last year, a trend complicated by…
Read MoreYour Input Needed: Community & Fair Housing Survey
Community Members, We need your feedback. Every five years, the state of New Mexico creates a consolidated plan to assess affordable housing needs and community development goals. This plan plays a pivotal role in shaping decisions for programs funded by the U.S. Department of Housing and Urban Development (HUD). To ensure fair housing remains a…
Read MoreTrouble on the Horizon for Multifamily Investors?
Higher property taxes and insurance costs are making investors take note. But is it as bleak as it seems? Often in an industry, people use cute little idioms to describe a bump in the road (See? That’s one just there). This creates a shorthand—people don’t have to explain the situation, and it downplays some of…
Read MoreNavigating the 2024 Commercial Property Insurance Market | Property & Casualty
Since 2017, the commercial property insurance market has demonstrated persistent premium increases. Although there were indications of rate moderation in 2022, predominantly within single digits, it proved temporary. Industry data shows a substantial surge in Q1 2023 premiums at an average 20.4% increase. This marks the first time in two decades that the segment experienced…
Read MoreThe Housing Affordability Crisis Has Gone Global
An International Trend Finding affordable housing in the U.S. is a challenge complicated by insufficient housing stock that hasn’t kept up with demand, migration patterns, and the high borrowing costs that came in the wake of the Federal Reserve’s fight against inflation. But Americans aren’t alone in this struggle. Across the globe, it’s becoming increasingly…
Read MoreNew Homeless Shelter in Taos Offers Variety of Resources
As the homeless crisis continues in New Mexico, small towns like Taos are starting to feel the effects as well. For over a year, several local organizations have been working on this new project called NEST (Navigating Emergency Support Together). Through a lot of hard work an old senior center is now a new homeless…
Read MoreAlbuquerque Journal: Ventana Fund Taps New Executive Director
A New Mexico organization that aims to help finance affordable housing construction and rehabilitation has named a new executive director. Kendra Yevoli is the next executive director at the Ventana Fund. She will oversee the organization’s growth, grassroots organization and relationship management with donors and community members. The Ventana Fund is a New Mexico Community…
Read MoreAlbuquerque Business First – People on the Move: Kendra Yevoli Hired at Ventana Fund
Ventana Fund, a New Mexico Community Development Financial Institution (CDFI), has announced the addition of Kendra Yevoli as Executive Director. Yevoli will oversee the organizational growth, strategic planning, grassroots organization, and relationship management with donors and community members. Prior to joining Ventana Fund, Yevoli most recently served as the Executive Director for the Commercial Association…
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