News

Bernalillo County Housing Department Reinstates Section 8 Voucher Rental Assistance Program

The Bernalillo County Housing Department will begin accepting applications from eligible applicants for the Section 8 Voucher Rental Assistance Program October 1, 2007. Applications will be available at the Bernalillo County Housing Department or can be downloaded from the Bernalillo County website from the links below.  Eligibility for a rental voucher is determined based on the […]

Domenici Reports $7.3 Million for Head Start Programs in New Mexico

WASHINGTON, D.C., October 29, 2007 – U.S. Senator Pete Domenici announced today that several New Mexico organizations, including Home Education Livelihood Program (HELP - New Mexico), Inc. in Albuquerque, have received over $7.3 million from the Department of Health and Human Services (HHS) to improve and expand Head Start programs.

Domenici Announces Capital Advances for N.M. Disabled Housing Assistance

WASHINGTON, D.C., October 26, 2007 – U.S. Senator Pete Domenici announced today that two New Mexico housing organizations have been awarded over $1.7 million in capital advances by the Department of Housing and Urban Development (HUD) to provide housing assistance for people living with disabilities.

Thornburg Mortgage Announces Joseph H. Badal to Retire December 31, 2007

SANTA FE, N.M.–(BUSINESS WIRE)–Oct. 22, 2007–Thornburg Mortgage Inc. (NYSE: TMA) announced today that Joseph H. Badal will retire as chief lending officer effective December 31, 2007. Paul Decoff, who is currently executive vice president, lending operations and product development, will succeed Joseph H. Badal, who will retire from his management position of senior executive vice […]

Albuquerque, Gallup, Las Cruces, Ohkay Owingeh and Santa Fe receive $1.4 million in grants from HUD for affordable housing and economic development

FORT WORTH, Sept. 11, 2007 - Housing and Urban Development Secretary Alphonso Jackson today awarded $1,402,715 to rural housing programs in Albuquerque, Gallup, Las Cruces, Ohkay Owingeh and Santa Fe, New Mexico, to stimulate economic development, create jobs and produce more affordable housing. The funding is part of $16.8 million in grants provided nationwide through HUD’s […]

Governor Richardson Announces Task Force on Mortgage Lending

Group to Address Subprime Lending in New Mexico
Santa Fe, NM, Aug. 30, 2007 — Governor Bill Richardson today signed an executive order establishing a Governor’s Task Force on Mortgage Lending to evaluate the potential impact of the national subprime lending crises on in-state mortgage lending and make recommendations to protect New Mexico consumers.

University of New Mexico to offer first real estate course

The Anderson School of Management at the University of New Mexico is offering a special topics course in real estate in the fall 2007 semester. The course is the first of its kind at Anderson.
Textbooks for the course (MGMT 490D) will be provided by the New Mexico Real Estate Education Foundation (REEF), enabling students to […]

Raley’s to sell New Mexico grocery stores

Raley’s has announced it reached an agreement to sell its 10 grocery stores in New Mexico to Albertson’s.

Construction, especially business projects, is booming in 2007

There’s a construction boom going on all over Santa Fe — not just in the downtown area — ranging from a Kohl’s department store scheduled to open in the fall, to a senior apartment complex that won’t be ready until the third quarter of 2008.

How well do you know the New Mexico economy?

As an apartment landlord, we all know who our competition is — but do we know what is driving our market? Jobs drive demand for housing, which raises occupancy rates. Rising occupancy rents lead to increased rents and property values. As a result knowing how our economic standing can be important to all members of […]