logo
Roadrunner Food Bank affected by federal spending cuts

Roadrunner Food Bank affected by federal spending cuts

Yahoo11-04-2025

ALBUQUERQUE, N.M. (KRQE) – Federal funding cuts are forcing shortfalls on New Mexico food banks, one of the largest non-profits in the state, said it has lost more than a million dollars it uses to feed the hungry.
Story continues below
News: Governor Michelle Lujan Grisham authorizes National Guard deployment to Albuquerque
Trending: NMSU: 6 international students' visas revoked by federal government
News: Suspect in custody after fleeing from police in a U-Haul with people in the back
Education: Curanderismo in the classroom: Albuquerque high school teacher introduces students to Mexican folk healing
The Roadrunner Food Bank says it's out $1.9 million in funding from a special USDA fund they use to buy food, which is about a 30% cut. And there's no word on when or if that money will come back. 'Is this going to become a normal thing where truckloads are being canceled and there's suddenly a much smaller amount of food available?' said Vice President of Strategy, Katy Anderson.
The Roadrunner Food Bank is among those dealing with federal funding cuts from the Trump administration. 'About 30 to 31 percent of the food that goes out through the food bank network in New Mexico is through the TEFAP program or those commodities. And so, there's no clarity as to whether those are canceled forever, if they're delayed,' continued Anderson.
Nationally, the USDA cut $500 million specifically for food banks. For the Roadrunner Food Bank, their share of the cuts means canceling 20 truckloads of food, through the end of June. 'It can be a pretty dire circumstance for the food bank. How are we going to replace that food and ensure that people get what they need?' emphasized Anderson.
Entering the summer, when they see increased demand, they're concerned about supply. 'It makes planning for the upcoming summer a challenge as well. How are we going to handle that and ensure that that food is available to families in our state?' said Anderson.
The cuts have not impacted the city's summer lunch program for kids across 80 parks, schools, and rec centers across Albuquerque. 'I think it'll be a great kind of way for us to still be the lifeline for families and still help them,' said Public Information Officer from the Department of Youth and Family Services Brianna Gallegos.
The city's summer lunch program begins the first week of June.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Zara Owner Inditex Posts Slowing Growth
Zara Owner Inditex Posts Slowing Growth

Business of Fashion

time23 minutes ago

  • Business of Fashion

Zara Owner Inditex Posts Slowing Growth

Zara owner Inditex SA reported a muted start to the second quarter and warned that foreign-exchange fluctuations could have a greater impact on results this year than anticipated. The shares tumbled. Revenue at the world's largest listed clothing retailer rose 6% in the five weeks to June 9, excluding currency effects. That was weaker than last year's start to the summer season, the Arteixo, Spain-based retailer said on Wednesday. 'The release fails to dispel concerns on slowing growth,' analysts at Barclays wrote in a note. The company's shares fell as much as 6.4 percent in early Madrid trading. The stock is down about 4.7 percent since the start of the year. Even though current trading is tracking higher than the 4.2 percent sales growth recorded in the first quarter, the latest numbers suggest that Inditex, like its peers, is not immune to a drop in demand prompted by the global trade war. The company has fared better than many of its rivals by keeping tighter controls on inventory, enabling it to remain nimble in a fickle fashion industry, but its sales-growth rates have headed down sharply from the post-pandemic boom era. Swedish rival Hennes & Mauritz AB posted disappointing first-quarter results because of stockpiles of unsold clothing. Foreign-exchange swings are likely to be a greater-than-expected drag on revenue this year, Inditex warned. The company expects currency fluctuations to shave 3 percent off sales this year, up from 1 percent it had expected previously. The adjustment follows a notable depreciation in both the US dollar and the Mexican peso against the euro, shrinking international earnings when converted back to the company's home currency. Other retailers have also signalled the cooling effect FX swings are having with H&M citing a strong kroner as another reason for its weak first-quarter. Last month, German sneaker brand Puma AG said the effect of tariffs and currency fluctuations was challenging to manage. The global garment industry tends to be a dollar-denominated business, which can particularly affect European retailers when they translate earnings back into local currencies. Inditex first spooked the market in March when it signalled a weaker start to its fiscal year, provoking a 7.5 percent fall — the biggest single-day plunge in its shares in five years. In its first quarter ended April 30, operating profit was in line with analyst estimates, while revenue was below expectations. The retailer said costs grew 2.3 percent in the period, rising faster than the 1.5 percent increase in revenue, including currency swings. Asked about the effect of President Donald Trump's tariffs, Inditex said it would use its broad range of suppliers, including those close to home in Spain, Portugal, Turkey and Morocco to manage the situation. 'In any case, I'd say that we see growth opportunities globally, not just in one market,' said Investor Relations Director Gorka Garcia-Tapia Yturriaga on a call with analysts. Over the last few years, the company has invested in both expanding its network of stores and also on refurbishing existing outlets to ensure a better shopping experience for customers. The company plans to spend €1.8 billion ($2 billion) again this year on store improvements and technology, along with an additional €900 million to expand its logistics network. By Clara Hernanz Lizarraga Learn more: The Brewing Controversy Over the Cotton in Your T-Shirt Zara owner Inditex, the world's largest fast fashion company, is ditching the industry's biggest sustainable cotton scheme amid a deforestation scandal and a wider push to prioritise organic fibres.

City looking to fill empty corners in Albuquerque neighborhoods with housing
City looking to fill empty corners in Albuquerque neighborhoods with housing

Yahoo

time39 minutes ago

  • Yahoo

City looking to fill empty corners in Albuquerque neighborhoods with housing

ALBUQUERQUE, N.M. (KRQE) – The City of Albuquerque is kicking up efforts to add more housing. Its latest move is offering up plots of land around the city for developers to fill in. One of four spots the city is hoping to develop into homes is located in a prime spot across from the Railyards. 'This is a joint partnership between using state funds and city land,' said Joseph Montoya, Deputy Director of Health, Housing, and Homelessness. Story continues below News: Albuquerque couple facing charges in 4-month-old's death Investigation: Politicians sink $13M in closed New Mexico tourist attraction Trending: Videos show man in dumpster getting dumped into waste truck in Albuquerque Events: Albuquerque Summerfest's 2025: What you need to know The department has more than a million dollars in state capital outlay money to fund affordable housing projects, and now they are asking developers to submit housing proposals. They said the goal is to provide homes to low-income families. 'So, these are folks that earn less than 80% of their income, so a family of four, that's about $78,000 a year household income,' said Montoya. The largest location is a two-acre lot on 90th Street and San Ygnacio Rd., where, in addition to giving the developer the land itself, the city will also offer nearly $780,000 to subsidize construction. The city said it will consider proposals for single- or multi-family homes like condos or townhomes on that site. 'The opportunity for more townhouse condo development, right? Which I think will be fun, but none of them are large enough for any mixed-use issues,' said Montoya. The three smaller lots in the Barelas neighborhood, the city said, would be best suited for single-family home development. In addition to the land, a developer would receive nearly $500,000 from the city. KRQE News 13 spoke to a resident who says the neighborhood needs the housing. 'There isn't enough, but hopefully you know stuff like this will get it popping to have a lot more development,' said Rick Espaline, a nearby resident. The posted deadline to submit a proposal is July 8, but the city said they'll likely extend that period to get as many proposals as they can. Last month, the city sent out a request for information for 11 other locations throughout the city, asking developers for ideas. They said 10 organizations responded, showing interest. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Officials defend use of National Defense Areas along New Mexico's southern border
Officials defend use of National Defense Areas along New Mexico's southern border

Yahoo

time39 minutes ago

  • Yahoo

Officials defend use of National Defense Areas along New Mexico's southern border

NEW MEXICO (KRQE) – The feds have made new military zones along the southern border a core piece of their strategy, cracking down on immigration, now New Mexico's top federal prosecutor is explaining and defending how the areas are being used. Part of New Mexico's southern border now a military zone aimed at stopping illegal trespassing Despite saying they've faced criticism about the 'National Defense Areas' being a waste of time and having little effect on illegal immigration, prosecutors said it's still an important tool they're not walking away from. 'Border security is National security, it is every nation's fundamental right and indeed it's responsibility to know exactly who and what is coming across our borders,' said District of New Mexico U.S. Attorney Ryan Ellison. 'The message is: regardless, you're still getting removed. We're going to still bring them. We may win on them, we may not, but regardless, at the end of the day, you are not going to be allowed to stay, if you enter the country illegally,' said Justin Simmons, Assistant U.S. Attorney, West Texas. There are now two National Defense Areas covering a 170-mile stretch of New Mexico and Texas along the southern border. The areas allow US military personnel to work alongside border patrol to prevent illegal border crossings, meaning anyone caught trespassing could face military prosecution, in addition to illegal immigration charges. Prosecutors emphasized Wednesday that these areas and the increase in charges will take power away from Mexican cartels. 'Our goal, to be clear, is not just about illegal immigration. It is total eradication of drug cartels. And like it or not, illegal immigration feeds the wolf, that are Mexican drug cartels,' said Simmons. Ellison also noted Wednesday the high number of repeat crossers and that moving forward, they should have an easier time convicting people who keep trying to cross the border. That's because anyone caught in the newer NDA's has to sign paperwork acknowledging what they did. US Attorney Ellison also said around 500 people have already been charged in New Mexico under the newer National Defense Areas, about five times the number of people they'd charged in early May. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store