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Other Development Incentives and Resources

Information about development incentives through The Metropolitan Redevelopment Agency.

MRA Toolkit for Developers Webinar

The Metropolitan Redevelopment Agency (MRA) partners with private developers to build vibrant communities in downtown Albuquerque and along the Central corridor. We have several incentive programs to catalyze investment in our community. MRA hosted a webinar on November 16, 2022 to discuss our incentive programs and how you can benefit from them!


Property Incentives for Developers

MRA offers property incentives to developers with projects in a Metropolitan Redevelopment Area. View a summary of the property incentives MRA has to offer. 


Albuquerque Multi-Family Market Profile

Are you interested in developing or investing in a multi-family project in Albuquerque?  View our Multi-Family Market Profile which provides an overview of our market, recent employment growth, and our incentive programs.


Impact Fee Waivers

All projects located within a Metropolitan Redevelopment Area are eligible for a waiver of City of Albuquerque impact fees. This does not apply to Water or Sewer Impact Fees assessed by the Albuquerque Bernalillo County Water Utility Authority.


Additional Resources


Other City and State Development Incentives

The City of Albuquerque's Economic Development Department offers a range of incentives and technical assistance, including LEDA grant funds and Industrial Revenue Bonds. For more information, visit their website.

View an interactive map of Opportunity Zones in New Mexico

For more information on Opportunity Zones, visit the State of New Mexico's NM Opportunity Zone Hub