Millions in funding for housing projects approved by Albuquerque city council
ALBUQUERQUE, N.M. (KRQE) – Millions of dollars are now heading to two major housing developments in southeast Albuquerque following a vote from city council. The city says a total of more than $9 million in funding has been approved for two Sol Housing developments.
Bill aims to bring more community events to downtown Albuquerque
A million dollars in ARPA funding and more than $5.1 million in federal funds will be going to the Somos project, near Central and Louisiana. The mixed-use development will create 70 new housing units, with 59 of those reserved for low income residents. $3 million in ARPA funds will also be going to the Farolito Senior Community. The project is already under construction and will bring 82 affordable housing units for seniors to the East Gateway Neighborhood at Central and Eubank.
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