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Commission approves introduction of LITA financing for 4th Street All‑Ages center with YES Housing
Summary
The commission voted to introduce a Local Economic Development Act (LITA) financing framework to develop a county‑owned 4th Street property into an All‑Ages community center and entrepreneurial hub in partnership with YES Housing; the board expects continued community engagement and would request up to $15 million in legislative funding.
The Bernalillo County Board of County Commissioners on Dec. 10 voted to introduce a financing framework under the Local Economic Development Act to pursue legislative funding for redevelopment of a county‑owned property on 4th Street into an All‑Ages community center and entrepreneurial hub.
Commissioner Barbara Baca, sponsor of the item, said…
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