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Albuquerque
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Housing Forward Fund accountability

Albuquerque

Summary

Only one of the $23 million fund's projects is complete; councilors couldn't reconcile roughly $7.1 million from the report, flagged heavy spending on existing-building repairs versus new units, and asked for a reconciliation table and certification that no funds went outside authorized uses.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Apr 20, 2026.

Impact analysis

💰Financial impact

$23 million in housing funds, with roughly $7.1 million not immediately traceable in the report.

✅Who benefits

Residents of rehabilitated buildings like the Beach Apartments and future tenants of projects under construction.

⚠️Who could be affected

Councilors expressed concern that the fund's original purpose of building new units is under-delivered.

Mentions & discussions (1)

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