Bernalillo County GO Bond would provide funding for public housing projects
Oct 31, 2024
ALBUQUERQUE, N.M. (KRQE) – With the 2024 election right around the corner, voters are reminded that you are not only voting for candidates, but on ballots are General Obligation (GO) Bonds. These GO Bonds provide additional funding for local projects.
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Bond question number six would give $1.7 million for public housing projects. $1 million would go towards buying land for later use as affordable housing. The remaining $700,000 would go towards renovations for 75 units of senior housing in the South Valley. "They're really old units. They were built in the 70's and 80's. It's getting them up to par where they should be nowadays," Bernalillo County Housing Director Amanda Colburn said.
Funding for GO Bonds comes from federal and state grants.