City of Albuquerque - File #: O-19-61

• File #: O-19-61
• Type: Ordinance
• Status: Enacted
• File created: 5/6/2019
• In control: City Council
• Final action: 6/17/2019
• Enactment date: 7/10/2019
• Enactment #: O-2019-015
• Title: Creating A New Section. Creating A New Section 21 Of Chapter 14 ROA 1994 As Amended For Purposes Of Establishing The Affordable Housing Implementing Ordinance (Benton)
• Sponsors: Isaac Benton

Date	Action By	Action	Result
7/10/2019	City Clerk	Published
7/2/2019	Mayor	Signed by the Mayor
6/27/2019	City Council	Sent to Mayor for Signature
6/17/2019	City Council	Accepted with a Recommendation Do Pass (Immediate Action)
6/17/2019	City Council	Passed as Amended	Pass
6/17/2019	City Council	Amended	Pass
6/10/2019	Finance & Government Operations Committee	Sent to Council for Immediate Action	Pass
6/10/2019	Finance & Government Operations Committee	Sent to Council with a recommendation of Do Pass	Pass
5/6/2019	City Council	Introduced and Referred
5/6/2019	President	Referred

CITY of ALBUQUERQUE
TWENTY THIRD COUNCIL


COUNCIL BILL NO. O-19-61 ENACTMENT NO. ________________________

SPONSORED BY: Isaac Benton

ORDINANCE
title
Creating A New Section. Creating A New Section 21 Of Chapter 14 ROA 1994 As Amended For Purposes Of Establishing The Affordable Housing Implementing Ordinance (Benton)
body
CREATING A NEW SECTION. CREATING A NEW SECTION 21 OF CHAPTER 14 ROA 1994 AS AMENDED FOR PURPOSES OF ESTABLISHING THE AFFORDABLE HOUSING IMPLEMENTING ORDINANCE.
BE IT ORDAINED BY THE COUNCIL, THE GOVERNING BODY OF THE CITY OF ALBUQUERQUE:
Section 1. ? 14-21-1 SHORT TITLE.
Sections ?14-1-1 through ?14-21-8 of this article may be cited as the Affordable Housing Implementing Ordinance.
? 14-21-2 FINDINGS.
WHEREAS, this article is established pursuant to the Mortgage Finance Authority Act, NMSA 1978 ? 58-18-1 et seq. (MFA Act) and the Affordable Housing Act, NMSA 1978, ? 6-27-1 et seq.; and
WHEREAS, this article is adopted to implement the City's affordable housing programs in accordance with the New Mexico Constitution, Article IX ? 14, the Affordable Housing Act, NMSA 1978, ? 6-27-1 et seq. and the Act Rules Sections 1 and 2; and
WHEREAS, the City is subject to the New Mexico Affordable Housing Act which identifies specific requirements to ensure governmental entities donate resources to qualifying grantees and to ensure long-term housing affordability; and
WHEREAS, the City has developed an Affordable Housing Plan (AHP) to comply with the Act Rules; and
WHEREAS, the Mortgage Finance Authority (MFA), the entity charged by the State of New Mexico with ensuring compliance with the Act, has determined the City's current Affordable Housing General Oversight Ordinance (Ordinance) is deficient of needed components; and
WHEREAS, Staff, in conjunction with the MFA, has developed and updated the Ordinance for incorporation.
(A) The Affordable Housing Act, NMSA 1978 ? 6-27-1 et seq. (the "Act") impleme...