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Eddy County sets aside $15.57 million for municipal housing projects, opts against fixed per‑town allocations
Summary
The county approved a $15,566,000 set‑aside to support housing projects across municipalities but removed predetermined per‑city dollar assignments, keeping the fund as a countywide pool to be allocated to shovel‑ready projects on a case‑by‑case basis.
The Eddy County Commission voted to set aside $15,566,000 for housing development across county municipalities but decided against assigning fixed dollar amounts to each town.
County staff described the initiative as a budget‑planning move to reserve funding that municipalities can request when projects are ready. "This is not a blank check," staff said, noting each project would still require…
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