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Eddy County approves funding agreement for Carlsbad's Kercher Street housing project
Summary
The Eddy County Commission approved a funding agreement with the City of Carlsbad to support the Kercher Street affordable and attainable housing development, contingent on final engineering and a contract requiring construction to begin within 120 days and completion deadlines.
The Eddy County Commission voted to approve county funding and an associated agreement for the City of Carlsbad's Kercher Street affordable and attainable housing project after a presentation from city officials and county staff.
City representatives, including Mayor Lopez and city administrator Wendy Austin, told the commission the city acquired 20 acres originally intended for a middle school and has advanced a phased plan that includes a sliding-scale multifamily…
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