近距离内射合集

Homewise this week debuted its largest Albuquerque development to date, an all-electric housing project designed to lower costs for buyers in an already tight market.

The nonprofit organization, which helps low- to moderate-income New Mexicans achieve homeownership and also develops housing, celebrated the opening of its new 72-unit townhome community, Sombra del Oeste, in southwest Albuquerque near the intersection of Gibson and Snow Vista SW on Thursday.

At an event attended by housing and government officials, Homewise President Johanna Gilligan shared how the project aims to improve affordability by bringing an often overlooked housing type to the market amid the state鈥檚 ongoing housing shortage.

鈥淲e didn鈥檛 always build homes. But we started about 20 years ago because, for a long time now, the market has not delivered starter homes,鈥� Gilligan said. 鈥淭hey鈥檙e a critical part of the housing ecosystem. Without them, people who want to own a home instead of rent remain renters, creating more competition in the rental market and delaying a critical opportunity for wealth building.鈥�

Homewise served as the project鈥檚 developer, while local homebuilder Abrazo Homes served as general contractor. Infrastructure work on Sombra del Oeste鈥檚 10-plus-acre site launched in January 2025, and vertical construction began at the start of this year.

As of Thursday, the project was roughly 40% complete, according to Homewise Project Director Eugene Chavez. Many of the project鈥檚 unfinished townhomes are framed but still need stucco and interior work. Chavez anticipates the community will reach full completion in June 2027.

One family has already moved onto the property, and six other units have been sold, according to Brennan Posen, a qualifying broker for Homewise. The property offers two-bedroom and three-bedroom units ranging between 1,130 and 1,700 square feet.

Units at Sombra del Oeste are available for between $300,000 and $350,000. Half of the development鈥檚 units will be affordable with down-payment assistance through Homewise.

Households making less than 80% of the area鈥檚 median income will be eligible for up to $90,000 in down-payment assistance, and those making less than 120% of the area鈥檚 median income can receive between $20,000 and $50,000.

For an individual, the homes are attainable for someone making $56,000 a year, Gilligan said.

Homewise made the project affordable through government subsidies. Sombra del Oeste cost $21.2 million to develop. The project was supported by funds from the state and Bernalillo County, as well as a federal New Markets Tax Credit allocation from Housing Partnership Network, with U.S. Bank serving as an investor.

The project is the nonprofit鈥檚 first all-electric development, making it 鈥渉ighly energy efficient,鈥� Gilligan said. Furthermore, through a partnership with Affordable Solar, Homewise is helping every resident in Sombra del Oeste enroll in an optional community solar program, which Gilligan said automatically lowers their electricity bills by up to 20% a month.

鈥淚t鈥檚 really going to be a long-term affordable place for folks to live,鈥� Gilligan said.

The development was one of several named as recipients of more than $80 million the state allocated for housing and homelessness projects in Albuquerque and Bernalillo County last year.

New Mexico Department of Workforce Solutions Secretary Sarita Nair said the project was an example of finding innovative ways to support housing by 鈥渦sing smaller investments to deepen affordability in larger projects.鈥�

Despite affordability challenges plaguing the nation, Gilligan has high hopes for Homewise鈥檚 future efforts.

鈥淲e鈥檙e very excited about potentially expanding our work more consistently across the state,鈥� she said. 鈥淲e do lend statewide right now, but it would be great to bring more of our financial coaching and down-payment assistance and lending products to more parts of the state.鈥�

Kylie Garcia covers retail and real estate for the Journal. You can reach her at kgarcia@abqjournal.com.