ALBUQUERQUE, N.M. (KRQE) – A new program aiming to help homeowners pay for repairs was highlighted Tuesday among millions of dollars the city says it’s continuing to invest in supportive and low incoming housing projects. The program called “ABQ at Home” will pump about $3.3-million in federal stimulus fund toward repairs in private homes.
Story continues below:
- Crime: Over 100 citations given in latest racing enforcement operation
- Trending: Body found east of Route 66 Casino Saturday night
- Business: New local eatery hopes to bring “fun” vibe to downtown
- New Mexico News: Colfax County Undersheriff passes away
- National: Man charged with hate crime after threatening US Olympic athlete training in California park
The city says the programs funds will be administered by a to be determined non-profit organization. The city envisions the program helping people pay for things like replacing water heaters or roofs on homes to help people stay in their homes. The city says it will stand the program up “later this year,” but did not have an effective start date outlined.
The update came during a comprehensive news conference Tuesday about a myriad of housing investments the city is making. Among those investments include several new market rate projects in the city center, including 14 new townhomes downtown and a 220 unit apartment complex slated to built across from Presbyterian Hospital soon.
The city is also reviewing a proposal for a new 200 unit apartment complex proposed by Jay Rembe to be built at 1st and Silver. Albuquerque Metropolitan Redevelopment Manager Karen Iverson said Tuesday the project is called “The Downtowner.”