City Receives $11.3 Million in Federal Stimulus Funds for ABQ Ride Improvements
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Housing
Funding Category: 
Housing
Category Description:
The housing programs in the Recovery Act are designed to assist those in greatest need by addressing infrastructure in underserved areas, preventing homelessness through rapid re-housing and ensuring modern public housing facilities.
The Recovery Act also addresses neighborhood stabilization by mitigating foreclosure rates and consequence of foreclosures. Albuquerque has relatively low foreclosure rates and is not competitive nationally to secure Recovery funds for neighborhood stabilization, although the City did receive a large Neighborhood Stabilization Grant through the normal annual funding cycle.
Total Funding:
$4,790,727
Jobs Created/Retained:
53
Housing Programs:
- Community Development Block Grant Recovery
- Homeless Assistance Grant
- Public Housing Capital Fund - Formula
HOUSING IMPLEMENTATION TEAM
Valorie Vigil, City of Albuquerque
Jay Czar, NM Mortgage Financing Authority
Betty Blea Builder, Homes by Marie
Walt Miller, University of New Mexico
Geraldine Forbes-Isais, University of New Mexico
Richard Dineen, City of Albuquerque
Jim Satterwhite, City of Albuquerque
Doug Chaplin, City of Albuquerque
Paul Silverman, Greater Albuquerque Chamber of Commerce
Sherry Powdrell, African American Chamber of Commerce
Percilla Chacon, Bernalillo County
Rosanna Suazo, Bernalillo County
Betty Valdez, Bernalillo County
Lisa Sedillo-White, Bernalillo County
Jack Mac Gillivray, Monarch Properties, Inc.
Linda Rumpf, City of Albuquerque
Valerie Bargas, City of Albuquerque
Idalia Lechuga-Tena, City of Albuquerque
Valorie Vigil, City of Albuquerque
Jay Czar, NM Mortgage Financing Authority
Betty Blea Builder, Homes by Marie
Walt Miller, University of New Mexico
Geraldine Forbes-Isais, University of New Mexico
Richard Dineen, City of Albuquerque
Jim Satterwhite, City of Albuquerque
Doug Chaplin, City of Albuquerque
Paul Silverman, Greater Albuquerque Chamber of Commerce
Sherry Powdrell, African American Chamber of Commerce
Percilla Chacon, Bernalillo County
Rosanna Suazo, Bernalillo County
Betty Valdez, Bernalillo County
Lisa Sedillo-White, Bernalillo County
Jack Mac Gillivray, Monarch Properties, Inc.
Linda Rumpf, City of Albuquerque
Valerie Bargas, City of Albuquerque
Idalia Lechuga-Tena, City of Albuquerque