Latest news with #CABQ
Yahoo
30-05-2025
- Business
- Yahoo
Bernalillo County approves $28.9 million towards affordable housing complex
BERNALILLO COUNTY, N.M. (KRQE) — The Bernalillo County Board of Commissioners have approved $28.9 million in project revenue bonds to use towards the construction of a multifamily affordable housing complex called West Mesa Ridge. The decision came at a Tuesday night administrative board meeting. Story continues below Crime: Albuquerque business owner faces murder charge for shooting fleeing shoplifter News: Las Vegas deputy charged with aggravated battery and robbery Business: A downtown Albuquerque shoe shine parlor is still serving patrons after nearly a century Events: What's happening around New Mexico May 30-June 5? Kirtland Air Fiesta and more Extra funding will be provided the City of Albuquerque ($8 million in CABQ Workforce Housing), the New Mexico Housing Trust Fund ($3 million) and the state Mortgage Finance Authority ($850,000). Real estate developer Chelsea Investment Corporation is planning for 128 apartments with 34 one-bedrooms, 70 two-bedrooms, and 24 three-bedrooms to house as many as 448 people. To qualify, residents would earn 30% to 80% of the area's median income. As part of the agreement, this project will receive a 30-year property tax abatement. 'Bonds provide lower interest costs to the borrower,' the county stated in a press release. 'Project revenue bonds are issued to reduce development costs as an incentive to build housing with below-market rental rates. PRBs are required if the developer is applying for 4% low income housing credits accompanied by tax-exempt bonds as part of its development capital.' Construction is expected to take two years and support at least 118 jobs, according to the county. Groundbreaking is scheduled for July. The property will be located at 701 Coors Blvd. NW. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
14-04-2025
- Politics
- Yahoo
KRQE Newsfeed: Phone policy, Border buffer, Cooler weather, Car show, Foodie fest
National Park Week includes free admission to state parks CABQ leaders renew commitment to environmental protection, renewable energy Diego 'Nightmare' Sanchez talks goals and dream matches Renewable energy focus of Balloon Fiesta Park Earth Day festival NMSP investigate fatal I-25 motorcycle crash New state law expands who can become a NM law enforcement officer Blue Origin slated to launch all-female flight into space [1] New Mexico schools will soon become phone-free – A new law that will declare schools as phone free will soon be taking effect in New Mexico. During this years legislative session, senator Crystal Brantley pushed for a state-wide policy that would incentivize school districts and charter schools to limit the use of mobile devices during instructional hours. The bill made its way to the finish line and was signed into law on the final day of signings. The bill also sets aside $10 million to reimburse schools for phone storage equipment. The new law requires schools to implement the policy no later than August 1. [2] White House memo allows military buffer zone along US-Mexico border – A new order coming from President Trump is establishing a military buffer zone in multiple states including New Mexico. The president recently issued a memo to allow the military to operate in what is known as the Roosevelt Reservation. It's a 60-foot wide strip of land that spans the border from California to New Mexico. According to the memo from the White House, it does exclude 'Federal Indian Reservations.' The order is also directing its use for border-barrier construction and emplacement of detection and monitoring equipment. The DOD has 45 days to review the first phase of the memo and its implementation. [3] Cloudier & cooler in New Mexico & breezier later this week – Spotty sprinkles are possible in the mountains throughout the day as easterly gap winds will temporarily pick up later this morning, but the front will stall along the Central Mountains throughout the day as southwesterly winds from the Metro to the west will lead to above-normal temperatures in the 70s and 80s. [4] Annual 'Honor Flight' car show held at Veterans Memorial Park – Honor Flight of Northern New Mexico held a car show Sunday, looking to raise funds for their annual flight to the nation's capital. Organizers say the car show helps this event get off the ground and lets them treat the vets like royalty. There were giveaways, food trucks, and donations from community partners around the city. The 2025 flights will take off June 11 through June 13, with 31 vets expected to fly. [5] Duke City Foodie Fest takes over Cliff's Amusement Park – Albuquerque locals got their taste buds sizzling with the Duke City Foodie Fest this weekend. Held at Cliff's Amusement Park on San Mateo, the two-day event featured more than 100 food trucks and vendors, activities for kids, and a food truck throwdown. With most food trucks being small businesses, owners say these events help them stay in business. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
12-02-2025
- Climate
- Yahoo
KRQE Newsfeed: Deb Haaland, Lawyer suspended, Another storm, Chile month, Special Olympics
4 people arrested in northeast Albuquerque drug bust CABQ shares plans for a new park along old stretch of Central Ave NM lawmakers push to renew water standards after Supreme Court decision Students could legally wear Native American regalia at graduation with proposed bill One dead following deputy-involved shooting in South Valley 14 bands and artists nominated for Rock & Roll Hall of Fame [1] Gubernatorial candidate Deb Haaland speaks on why she's running for state's top job – Former Interior Secretary Deb Haaland is sharing her priorities for New Mexico after launching her campaign for governor of New Mexico. Haaland was elected as a congresswoman for New Mexico in 2018 and in 2021 President Joe Biden appointed her as interior secretary. She's listing her top priorities as jobs, health, housing, education and safety. [2] Thomas Clear III suspended from practicing law – Last week, Thomas Clear III told a federal court judge he hasn't practiced law since last summer. He asked to resign from the bar rather than give up his 5th Amendment right in order to try and defend himself against potential disbarment. Tuesday evening, the New Mexico Supreme Court issued an order suspending Clear's license to practice law. [3] One storm departs before a stronger storm arrives in New Mexico – Storm system number one is moving away with a few fast-moving snow showers. Drier weather will briefly return to New Mexico Wednesday and Thursday. High temperatures Wednesday will be near and below average for most of the state before warming up again Thursday. Our next winter storm will move in Friday, bringing in mostly mountain/higher elevation snow and lower elevation rain through the day Friday. [4] New Mexico legislators look to dedicate entire month to green and red chile – Some legislators are trying to recognize red and green chile for an entire month each year. A new bill would name August the official 'New Mexico Red and Green Chile Month.' This would like up with the beginning of harvest season and the Hatch Chile Festival. [5] Police officer and athlete from NM join to carry torch at Special Olympics – Farmington Police Sergeant Travis Spruell has been chosen to join the final leg of the Law Enforcement Torch Run at the Special Olympics world Winter Games in Turin, Italy. Spruell will be joined by athlete Shelby Peterson, from Gallup. The two will serve as guardians of the prestigious Flame of Hope, carrying the flame across multiple Italian cities from March 1 – 8. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
