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County outlines plan for $110 million in state housing funds, aims to move quickly on acquisitions and transitional housing
Summary
Bernalillo County managers described how a $110 million state housing allocation — plus additional state funds — will be prioritized for acquisition, transitional housing, gap financing and infrastructure; staff said they seek rapid implementation and community engagement.
Bernalillo County managers told the Local Government Coordinated Council on Thursday that the county’s plan for state housing dollars emphasizes rapid, implementation-ready projects, gap financing and investments that preserve and expand affordable housing.
County Manager Cindy Chavez said the county and City of Albuquerque originally asked the Legislature for about $189 million; the Legislature allocated roughly $110 million for housing, and an additional $40 million in state funds was later identified under the state’s housing leadership, Chavez said. “We were really focused on trying to get a thousand people off the streets by next June,” Chavez said, describing the county’s goal tied to the funding.
Why it matters: County officials said rapid use of…
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