Albuquerque Journal (Albuquerque, NM)

Ground Broken On Downtown Housing.(Metropolitan)

Byline: Journal Staff Report


Local officials announced Monday they have broken ground on the Villa de San Felipe Apartments, a $9 million development in Downtown Albuquerque.

The apartments are the first affordable, multi-family housing to be constructed Downtown in 15 years, according to a news release by the Federal National Mortgage Association, also called Fannie Mae.

In a news release, Mayor Jim Baca called the 160-unit apartment complex a "key component" in the effort to revitalize Downtown. …

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