Bernalillo County initiates $150M plan to address affordable housing crisis

In a significant move to address the housing crisis in Bernalillo County, local officials convened on June 24, 2025, to discuss a comprehensive strategy aimed at providing affordable housing and transitional support for the homeless. The meeting highlighted the allocation of $150 million in state funding, derived from House Bill 2, to tackle the urgent need for housing solutions in the community.

The county manager presented a detailed report outlining a multi-faceted approach to housing, which includes plans to secure at least 1,000 individuals off the streets within the year. The proposed strategy encompasses four key categories: the development of new affordable housing, preservation and expansion of existing units, transitional housing initiatives, and necessary infrastructure improvements. If fully funded, these projects could yield over 2,100 affordable housing units.

Among the notable projects discussed were Tierra Linda, which aims to provide 240 units with a gap financing request of $4 million, and Lo Lomas Towers, seeking $10 million for 100 units. The focus on family-sized units, particularly two and three-bedroom apartments, reflects a commitment to supporting families in need, with affordability targeted for those earning between 30% and 120% of the area median income.

Commissioners expressed strong support for the initiatives, emphasizing the importance of collaboration between the county, city, and state to effectively address the housing crisis. Commissioner Barbara Baca praised the ambitious nature of the plan, urging community involvement in shaping good neighbor agreements and revitalization efforts. Other commissioners echoed the need for a holistic approach, including behavioral health support and homelessness prevention strategies.

As the county prepares to submit its project list to the governor's office for funding consideration, officials remain committed to expediting the process to ensure timely implementation. The overarching goal is to not only provide immediate housing solutions but also to foster long-term community revitalization and stability for families in Bernalillo County.