Mayor Keller’s Key Housing Developments Pass Council
Tonight, two of Mayor Keller’s key housing developments passed City Council unanimously. “The Sixty-Six" received a tax abatement incentive to build a three-story 96-unit multifamily building at Adams and Central, and the “SOMOS” affordable housing project at Central and Alcazar in the International District was approved. The projects are part of the City of Albuquerque’s Housing Forward initiative to address the critical housing shortage and spur conversion and construction of new housing for all parts of the housing market.
“We’re using every tool in the toolbox to increase housing options across Albuquerque,” said Mayor Tim Keller. “These vital projects are steps in the right direction to bring more affordable housing to community members who need it most.”
“SOMOS” is a public-private partnership between the Metropolitan Redevelopment Agency (MRA) and the Greater Albuquerque Housing Partnership (GAHP) that envisions a 70-unit multi-family building with commercial elements, creating a vibrant and inclusive space for residents and businesses alike.
“The Sixty-Six," located in the Central/Upper Nob Hill/Highlands Metropolitan Redevelopment Area, will transform a currently vacant lot located on the northeast corner of Adams and Central into needed housing and will add new life into the area.