Santa Fe Area Home Builders Assocation
Santa Fe, NM 87507
How Does Albuquerque Do It? How does Albuquerque support affordable housing initiatives that have stimulated economic growth.
The Santa Fe Chamber of Commerce invites you to the second conversation in a series focused on Workforce and Affordable Housing to be held at the Santa Fe Area Home Builders Association offices at 2520 Camino Entrada on Thursday, October 19th from 8:00 �" 10:00 am.
Coffee, pastries and networking from 8:00 �" 8:30 followed by a panel of Affordable Housing experts from Albuquerque speaking on how they have convinced voters to tax themselves to support affordable housing initiatives that stimulate economic growth.
The keynote on the panel will be Bernalillo County Commission Chair Debbie O’Malley. She will be joined by Professor Claudia Isaacs, UNM’s Planning and Architecture Department; Gabriel Rivera, City of Albuquerque Planning and Redevelopment; and Rick Giron, City of Albuquerque Family and Community Services. Questions to the panel will be facilitated by Kim Shanahan, Executive Officer of the Santa Fe Area Home Builders Association, and Alexandra Ladd, Director of Santa Fe’s Affordable Housing Division.
The panelists will speak on the genesis of Albuquerque’s Affordable Housing General Obligation bond, and how the money has been used to leverage $30 million in collected taxes over the past decade into over $200 million in development projects, primarily serving the multi-family rental market.
Professor Isaacs was one of the principal players in developing Albuquerque’s strategy, Commissioner O’Malley, then an Albuquerque City Councilor, was one of its great champions, and now Mr. Rivera and Mr. Giron direct the funds. Remarkably, every time the GO Bond is put to voters the percentage approving the call increases. The recently concluded Albuquerque municipal election saw over 70% approving the bond.
At the Chamber’s first community conversation on workforce housing held in August at Quail Run, the consensus of experts in attendance was that Santa Fe needs to learn from what Albuquerque has done �" establish a permanent and recurring funding source for stimulating public/private partnerships to develop affordable and workforce housing, including and especially multi-family rental projects. Santa Fe’s lack of affordable rental units is a crisis we must solve together.
Come to hear “How does Albuquerque Do It?” and find out more. Thursday, October 19th 8-10 at SFAHBA offices at 2520 Camino Entrada. The event is free but an RSVP is requested.
To RSVP or for more information contact Kim Shanahan at 982-1774 email@example.com, or Simon Brackley at 988-3279 firstname.lastname@example.org
Thursday, 19 October, 2017
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