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Commission approves several housing finance measures including tax exemptions and bond actions
Summary
At the Nov. 18 meeting the commission approved multiple housing‑finance items: tax‑exemptions and PRB amendments for several redevelopment projects (Manzano/Manzano Mesa, Ventana Ranch, Desert Willow revenue bonds, Casitas del Camino PRB amendment, West Mesa Ridge extension). Final votes were largely unanimous with one or two dissenting votes on tax‑exemption items.
The Board of County Commissioners considered and approved a package of housing finance and redevelopment items tied to low‑income housing tax credits, revenue bond financing and tax exemptions.
Economic Development Director Marcos Gonzalez presented several items: a tax‑exemption package for the Manzano Mesa redevelopment (25‑year partial exemption with deeper affordability targets), the Ventana Ranch redevelopment exemption, a Desert Willow revenue bond…
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