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BernCo Commission Approves $3 Million Incentive Package to Help Catholic Charities Expansion

01/27/2016

The Bernalillo County Board of Commissioners on Jan. 26, 2016 approved a $3 million industrial revenue bond that will allow Catholic Charities to build and equip a new service center, Casa de Corazon.

The expansion will enable Catholic Charities to provide adult and early childhood education, family support and immigration and refugee services to 15,000 people each year at Casa de Corazon, located at 2010 Bridge Blvd. SW.

The project will create 20 new permanent jobs, 32 construction jobs and a $3 million boost to the economy in Bernalillo County.

“Catholic Charities is a valued and trusted nonprofit that provides excellent services to children and families throughout Bernalillo County,” Commission Chair Art De La Cruz says. “I’m proud to support their mission of giving hope and promoting self-sufficiency to families in need.”

The bonds will be funded by private investors and Catholic Charities will be able to take advantage of certain tax breaks as part of the package.

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