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    BernCo Commission Approves Bonds for New Affordable Housing Apartment Complex


    The Bernalillo County Commission has approved the issuance of project revenue bonds (PRB) to fund a new 240-unit family housing complex for southwest Albuquerque near Atrisco Heritage High School.

    DBG properties received commission approval for $23 million in PRBs for the construction of the Valle de Atrisco affordable housing apartment complex on Dennis Chavez Blvd between 98th and 118th streets.

    “Part of the bond money will be used for land acquisition, construction and equipping the new apartments,” says Commission Chair Steven Michael Quezada. “These apartments will be offered to tenants who meet specific government lower income guidelines.”

    The project will consist of 120 one bedroom units, 72 two bedroom units, and 48 three bedroom units.

    The bonds for the Valle de Atrisco Family Apartments will be funded by private investors and with low income housing tax credits from the New Mexico Mortgage Finance Authority. DBG will be responsible for payment directly to bondholders and will pay an annual administration fee to the county.

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    • Bernalillo County, along with U.S. Senator Martin Heinrich and Congresswoman Deb Haaland, are hosting a health care resource fair on Friday, Nov. 22 at the South Valley Multipurpose Senior Center from 9 a.m. to 3 p.m. Get a free health screening and receive information on health insurance and other health care benefit programs. For more information call (505) 346-6601, (505) 346-6781 or email heinrich_events@heinrich.senate.gov.
      South Valley Multipurpose Senior Center, 2008 Larrazolo Rd. SW
      11/22/2019 9:00 AM - 11/22/2019 3:00 PM

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      Los Padillas Community Center, 2117 Los Padillas Rd. SW
      11/22/2019 5:00 PM - 11/22/2019 7:30 PM

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      11/23/2019 9:00 AM - 11/23/2019 10:00 AM

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