✖ Close Social Content
District 5

Bonds Approved for Two Apartment Complex Projects


County commissioners approved project revenue bonds for two Section 8 and Housing and Urban Development (HUD) apartment complexes.

The Sandia Vista Apartments, located at 901 Tramway Blvd NE has 138 workforce housing units.

Plaza David Chavez Apartments, located at 2821 Mountain Rd NW has 75 workforce housing units.

“With these apartments, the county is assisting all income levels in our city and providing quality affordable housing to those who qualify,” says County Commission Vice Chair Debbie O’Malley.

The bond approval will make up to $25.5 million available for construction of both projects.

“Sandia Vista is located just north of I-40 and is accessible to everything the city has to offer,” says County Commissioner Charlene Pyskoty. “I'm proud to support affordable housing that contributes to positive growth in our community.”

Project revenue bonds are privately funded bonds through the multi-family housing act that are only available to fund workforce housing projects and allow certain tax exemptions.

The project revenue bonds were approved by unanimous vote at last night’s County Commission meeting.

back to list
View All Events
Latest News
Upcoming Events
  • Join us Mondays and Thursdays from 12 to 1:30 for Home School P.E. for kids ages 6-14. See fliyer for cost and semesters.
    Los Vecinos Community Center, 478 and a half, Old Highway 66, Tijeras
    1/30/2020 12:00 PM - 1/30/2020 1:30 PM

  • This workshop will discuss zoning and allowable land uses regarding the East Route 66 Sector Development Plan.
    Los Vecinos Community Center, 478 1/2 Old Hwy 66, Tijeras
    1/30/2020 6:00 PM - 1/30/2020 8:00 PM

  • Join us Fridays from 6:15 to 8:15 p.m. for Youth Open Gym Baskeball at Los Vecinos Community Center.
    Los Vecinos Community Center, 478 and a half, NM-333, Tijeras
    1/31/2020 6:15 AM - 1/31/2020 8:15 AM

Powered by Real Time Solutions - Website Design & Document Management