Affordable Housing Study

About

As part of Mayor Hull’s FY 2022 budget response, $75,000 was recommended to be allocated for an Affordable Housing Study. The Study was ultimately approved by the Governing Body as part of FY 22 budget adoption (May and July 2021). As a result, City of Rio Rancho staff, through an RFP process, began working with the National Development Council (NDC) in order to collect information about the community and develop a study to be presented to the Governing Body for potential future planning and development.

The City of Rio Rancho is pursuing an Affordable Housing Study aimed at developing a roadmap that guides actions to improve the availability, affordability, and quality of housing within the City.

The study is in its beginning phases. A public opinion survey was open to the public between June 23, 2022 to July 25, 2022 in order to solicit initial input on the topic of housing in the City of Rio Rancho. 667 surveys were completed, and the results will be discussed at an upcoming series of four public forum meetings. Members of the public are encouraged to attend these meetings to ask questions and provide feedback. Meeting information is listed below.

Public Forum Meetings:

• Wednesday, 9/28 6-7pm

Meadowlark Senior Center

4330 Meadowlark Ln SE, Rio Rancho, NM 87124

• Thursday, 9/29 12-1pm

Broadmoor Senior Center

3241 Broadmoor Blvd NE, Rio Rancho, NM 87144

• Thursday, 9/29 6-7pm

Star Heights Recreation Center

800 Polaris Blvd SE, Rio Rancho, NM 87124

• Tuesday, 10/4 6-7pm

(Via Zoom)

Join Zoom Meeting

https://us06web.zoom.us/j/89756330606?pwd=TjBCK25ZQitDVHVoa0RreXhNaFdmQT09

Meeting ID: 897 5633 0606

Passcode: 932557

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Meeting ID: 897 5633 0606

Passcode: 932557

https://us06web.zoom.us/u/kcT8lwDX3y

*** If you are an individual with a disability who is in need of a reader, amplifier, qualified sign language interpreter or any other form of auxiliary aid or service to attend or participate in the hearing or meeting, please contact the City Clerk at (505) 891-5004 at least 48 hours in advance to make arrangements.

Purpose

The development of an Affordable Housing Plan is needed to assess the housing requirements in Rio Rancho and to provide recommendations for addressing those needs. 

This study is required by the New Mexico Mortgage Finance Authority and must comply the New Mexico Affordable Housing Act per the Mortgage Finance Authority Act, NMSA 1978, § 58-18-1 et. seq. and pursuant to the Affordable Housing Act, NMSA 1978, §6-27-1 et. seq., the enabling legislation that exempts affordable housing from the Anti Donation clause of the New Mexico State Constitution. Under the Act, municipalities wishing to donate, provide incentives or pay all or a portion of the costs of affordable housing (including land, acquisition, renovation, financing, or infrastructure) must have in place an Affordable Housing Plan and an affordable housing ordinance.

More Information

For more information like affordable housing data and to view maps, please click or tap here.