CITY of ALBUQUERQUE
TWENTY SIXTH COUNCIL
COUNCIL BILL NO. R-25-199 ENACTMENT NO. ____________________
SPONSORED BY: Tammy Fiebelkorn
RESOLUTION
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Establishing Funding For Affordable Housing As A Citywide Priority For The City Of Albuquerque For The Second Session Of The 57th New Mexico State Legislature (Fiebelkorn)
body
ESTABLISHING FUNDING FOR AFFORDABLE HOUSING AS A CITYWIDE PRIORITY FOR THE CITY OF ALBUQUERQUE FOR THE SECOND SESSION OF THE 57TH NEW MEXICO STATE LEGISLATURE.
WHEREAS, the State of New Mexico and the City of Albuquerque, a municipal subdivision of the State, are charged with providing for the public’s health, welfare and safety and forging just, equitable and stable communities; and
WHEREAS, the provision of affordable, quality housing is the cornerstone of just, equitable and sustainable community development; and
WHEREAS, the City of Albuquerque, and many communities throughout the United States, are experiencing housing price inflation and a dearth of housing stock, rendering many middle- and low-income residents unable to secure adequate housing; and
WHEREAS, the 2025 NM State Legislature included $110M for affordable housing statewide, which was distributed by the Department of Workforce Solutions (DWS) resulting in over $80M for the Albuquerque/Bernalillo County area; and
WHEREAS, this State funding will result in housing for approximately 1,000 people in our community; and
WHEREAS, there is substantial need for additional housing in our community beyond that which was funded in 2025 by the State of New Mexico; and
WHEREAS, it is incumbent on the City of Albuquerque and the State of New Mexico to direct the resources of the commonwealth for funding the development of affordable housing.
BE IT RESOLVED BY THE COUNCIL, THE GOVERNING BODY OF THE CITY OF ALBUQUERQUE:
SECTION 1. The provision of affordable housing is a Citywide priority of the City of Albuquerque. The Second Session of the 57th New Mexico Legislature is urged to provide funding for state agencies, local governments, and housing nonprofits to develop and finance affordable housing.
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