Other Development Incentives and Resources
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!
- View the MRA Toolkit for Developers Webinar recording
- View the MRA Toolkit for Developers PowerPoint
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.
Commercial Property Search
The Albuquerque Regional Economic Alliance (AREA) provides an interactive site selection tool. ABQSites offers customized data on workforce, infrastructure, and geographies that can help analyze key factors to identify the ideal location for a local business. To determine if a property is located in an MR Area or TIF District, under “Map Layers” > “Local Data” toggle on “Metropolitan Redevelopment Areas” and “MR Area TIF Districts.”
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.