Housing

U.S. Department Of Treasury Awards $580,405 Funds To Be Used For Small Affordable Rental Projects In New Mexico

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STATE News:

Ventana Fund, a New Mexico Community Development Financial Institution, was awarded $580,405 this week by the U.S. Department of Treasury to fund the rehabilitation and construction of small affordable rental projects throughout the state.

The award will be used to capitalize Ventana Fund’s new loan program, Thresholds, which provides loans for affordable rental projects under $5 million. The program also provides loans to affordable housing developers who serve New Mexico’s low-income residents and high-need communities.   

“New Mexico has a high percentage of older, Read More

Houck: The Process

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By DAVID HOUCK
Qualifying Broker
Atomic Realty LLC

You have interviewed Brokers and you have decided who to work with, NOW WHAT?

While every transaction is different, a common transaction may include:

  • We suggest the Seller having a whole home pre-listing inspection done, it’s not required, but suggested. By the Seller having an inspection done, Seller’s can address any, some, or none of the inspection issues and usually reduce selling time and further Buyer negotiations.
  • Next, a flurry of paperwork will come your way for electronic signature – Don’t worry your Broker should take care
Read More

DVS To Co-Present Chaves County Veterans Symposium March 30

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DVS News:

ROSWELL—The New Mexico Department of Veterans Services (DVS) is partnering with several federal, state, and local agencies to present the Chaves County Veterans Symposium 8 a.m. to 5 p.m., March 30 at the Roswell National Guard Armory, at 1 West Earl Cummings Loop.

Veterans are strongly encouraged to stop by to learn about VA, state, and local benefits and programs for themselves and their families. DVS, VA, and other agency representatives can answer questions and even help file for health care, PTSD/mental health counseling, homelessness/housing assistance, VA home loans, Read More

County Short-Term Rental Survey Open 2 More Weeks

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COUNTY News:

Los Alamos County residents are encouraged to participate in a survey to assess the community’s experience with and perceptions of short-term rentals (STRs), and to gauge the degree of STR regulation that the community will support.

The online version of the survey is available here until 11:59 p.m. Sunday, March 26. ​Paper copies of the survey are available for pick-up at the County Municipal Building (1000 Central Avenue, Los Alamos), on the first floor, at either the Customer Care Center or in the Community Development Department (Suite 150) lobby. Paper surveys must be returned Read More

Houck: Do You Need A Broker?

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By DAVID HOUCK
Qualifying Broker
Atomic Realty LLC

Your life is busy – especially if you are preparing for a move. You may be able to handle everything but it will take your time. 

Are you willing to take time from your move, your work, and your home life to do the following:

1) Hire out, or take high quality photos,

2) Hire someone to take quality 3D photos,

3) Learn to post on your chosen marketing venues,

4) Have signs and flyers produced and maintain your website marketing,

5) While you may know your home better than anyone, do you have the skills to write an enticing narrative that positively and accurately Read More

Housing Advocates Call On New Mexico Legislature To Allocate Much Needed Funding To Maintain Rental Assistance & Eviction Prevention Programs

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New Mexico Center on Law and Poverty News:

SANTA FE — The existing Emergency Rental Assistance Program (ERAP) and Eviction Prevention and Diversion (EPD) program emerged in response to the COVID-19 pandemic and resulting economic crisis.

These programs have proven to be very effective for the state. Because of these programs, thousands of New Mexico’s families were able to keep their housing over the last 2.5 years and their landlords received the rent they were owed.

The programs were funded with federal dollars which are quickly running out, and as of Jan. 1, the programs have been forced Read More

Governor Hopes To Go Big On Housing, Homelessness

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Gov. Michelle Lujan Grisham

By ROBERT NOTT and CLAUDIA SILVA
The Santa Fe New Mexican

You need over a quarter of a million dollars, on average, to buy a house in Albuquerque.

It’s at least twice that much in Santa Fe.

Want to rent an apartment? Even a one-bedroom will be more than $1,000 a month on average according to data from apartmentlist.com, in a state with an average household income of $54,000 before taxes. And, of course, there are plenty of New Mexicans who make less, including at least 2,600 homeless.

“We must act, and act now; lives depend on it. We must include those experiencing homelessness Read More

On The Job In Los Alamos: At Finishing Touch

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On the Job in Los Alamos at Finishing Touch are Co-owner Marcelo Ruano and Manager Alicia Craft presenting the newly installed floor model kitchen Monday at Finishing Touch, 170 Central Park Square. Ruano said there will be a sale Nov. 23-Dec.3 for 40 percent off all Porcelanosa products except XTone. He added that they exclusively sell Porcelanosa, a bath, kitchen and tile product. Photo by Connor Hoch/ladailypost.com Read More

New National Task Force Of County Leaders Launched To Address Housing Affordability And Stability

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NACo News:

WASHINGTON, D.C. — The National Association of Counties (NACo) Thursday announced the creation of its Housing Task Force, comprised of over 30 county leaders from across the United States.

The group will identify county-led solutions and innovations for addressing America’s housing affordability and stability crisis.

“Counties are on the front lines of responding to the housing crisis,” NACo President Denise Winfrey said. “Stable, quality housing is the foundation for better health, safety, education, a strong workforce, improved financial wellness, and lower demands Read More