HUD Archives: News Releases


HUD Reg. VI 08-49
Patricia Campbell
(817) 978-5974
For Release
Thursday
September 4, 2008

HUD AWARDS SIX NEW MEXICO COMMUNITIES $1.8 MILLION FOR AFFORDABLE HOUSING AND ECONOMIC DEVELOPMENT IN RURAL AREAS
Albuquerque, Anthony, Gallup, Ohkay Owingeh, Penasco and Taos Receive Grants

ALBUQUERQUE - U.S. Housing and Urban Development Secretary Steven Preston today awarded $16.9 million to 60 rural housing programs across the country to stimulate economic development, create jobs and produce more affordable housing. Included in the funding announced today were seven grants, totaling $1,865,714, for six New Mexico communities.

The funding is provided through HUD's Rural Housing and Economic Development Program. A list of the grantees, amounts and project summaries follow.

"HUD is deeply invested in promoting affordable housing and community development throughout rural America," said Preston. "These grants will stimulate the kind of employment, economic growth, and housing development that will have a direct impact on working families in our rural communities."

Rural Housing and Economic Development (RHED) grants help pay for land acquisition, new home construction, housing demolition, infrastructure improvements and construction training. Other possible uses include
homeownership and financial counseling; financial assistance to homeowners, businesses and developers; creating microenterprises and small business incubators; and establishing lines of credit or revolving loan pools to benefit the local business community. In addition to the funding announced today, rural communities are expected to generate nearly $59 million from other public and private sources to promote economic development and employment.

Qualified applicants are local rural nonprofit organizations, community development corporations, federally
recognized Indian tribes, State housing finance agencies and/or local economic development agencies. RHED grants have provided nearly $223 million, creating/training more than 35,000 jobs, assisting nearly 5,500 businesses and producing 14,000 affordable homes.

Rural communities will use this funding as seed money to pay the start-up costs for housing or economic
development projects. These grants will also help organizations to hire and train their staffs, develop strategic
plans and acquire office space and other needed facilities.

The New Mexico communities that received RHED grants, and the grant amounts, are:

Center of Southwest Culture, Inc. Albuquerque
$65,714
Community Area Resource Enterprise Gallup
$300,000
Habitat for Humanity of Taos, Inc. Taos
$300,000
New Mexico Mortgage Finance Authority Albuquerque
$300,000
Ohkay Owingeh Housing Authority Ohkay Owingeh
$300,000
Picuris Pueblo Penasco
$300,000
Tierra Del Sol Housing Corporation Anthony
$300,000

Center of Southwest Culture, Inc. in Albuquerque will use its $65,714 RHED grant to provide support for innovative affordable housing, counseling, business workshops and education and community development in Rio Arriba and
Taos counties. Partners are (LSI) Latino Sustainability Institute and Homewise. The proposed leveraging for this project is $44,400.
Contact: Ms. DeAnza Valencia, (505) 301-9202.

Community Area Resource Enterprise in Gallup will use its $300,000 RHED grant to provide support for the construction of a 60-unit multifamily development, job training, homeownership counseling, economic development
and tax credits for low income persons in McKinley and Gallup counties. Partners are the New Mexico Mortgage Finance Authority, Tohatchi Area Opportunity and Services (TAOS) and Supportive Housing Coalition of New Mexico. The proposed leveraging for this project is $299,125.
Contact: Mr. Sanjay Choudhrie, (505) 722-0066.

Habitat for Humanity of Taos will use its $300,000 RHED grant to provide support for economic activities that
will promote affordable housing in the Town of Taos, homeownership counseling, acquisition of land for housing construction, and job training for low income residents. Partners for this project are Taos Housing Corporation,
Habitat for Humanity, and Soul of the Southwest. The proposed leveraging for this project is $130,980.
Contact: Paul Hesch, 575-758-782

New Mexico Mortgage Finance Authority in Albuquerque will use its $300,000 RHED grant to provide support for
the renovation of nine homes in Socorro County and 12 homes in the Tribal lands of the Alamo Chapter of the
Navajo Nation. It will offer weatherization programs, tax credit programs, and affordable housing. Partners are the Federal Home Loan Bank, REVIVE program and the Socorro County Housing Authority. The proposed leveraging for
this project is $290,000.
Contact: Deborah Davis, (505) 767-2221.

Ohkay Owingeh Housing Authority in Ohkay Owingeh will use its $300,000 RHED grant to provide a Phase II demonstration project to support the renovation of two Tribal homes, 15 multi-family rental units, job creation, homeownership training and financial literacy. Partners are Atkins Olshin Schade Architects and Tsay Corporation.
The proposed leveraging for this project is $170,000.
Contact: Tomasita Duran, (505) 852-0189.

Picuris Pueblo in Penasco will use its $300,000 RHED grant to assist in the renovation of three ancient tribal homes, job creation, housing construction and energy efficiency improvements for low-income tribal residents. The Partners are Picuris Pueblo and Seely & Associates, Inc. The proposed leveraging for this project is $301,311.
Contact: Craig Quanchello, (505) 587-2519.

Tierra Del Sol Housing Corporation in Anthony will use its $300,000 RHED grant to support a rural homeownership center, business incubator, renovation of 15 owner occupied homes, construction of an 80-unit housing facility and
36 new energy efficient homes, training, and economic opportunities in the Hatch and Berino areas. Partners are Anthony-Berino Economic Development Corporation, Mesilla Valley Economic Development Alliance and Dona Ana County Colonia Development Council. The proposed leveraging for this project is $479,815.
Contact: Rose Garcia, (575) 882-3554.

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Content Archived: March 23, 2011