An infill project in Downtown Albuquerque has opened, providing 107 efficiency, one- and two-bedroom home to households with incomes at or below 30 to 60 percent of the area median income. Sterling Downtown was funded by Bernalillo County, the City of Albuquerque and MFA.
In 2004, the New Mexico State Legislature created the Affordable Housing Act to allow local governments to donate resources to create and maintain affordable housing in their communities. MFA was given oversight over the implementation of the Act, which requires that communities receiving affordable housing donations, create an affordable housing plan. To date, MFA has assisted in the creation of 33 affordable housing plans in communities across the state and has helped implement those plans in accordance with the Act.