Renovations welcome at low-income apartments – New Mexico News

Renovations welcome at low-income apartments – New Mexico News

Roberta Arias has lived at the Hillcrest Colonial Apartments on 5th Street in Carlsbad for 27 years.

Arias said the planned renovations underway at the complex are badly needed.

Her apartment has a gaping hole in the bathroom ceiling that opened up during a heavy rainstorm last year.

Leaky pipes under her kitchen sink have warped the cabinets, which emit an unpleasant odor when opened.

“Just because we are low income doesn’t mean we deserve to live like this,” she said.

She’s also had issues with her heating and air conditioning over the years, which poses a danger to her elderly father who lives with her.

Hope may be on the horizon, though, as the complex’s new owners closed on funding last week for major renovations to be done on the property.

Non-profit New Mexico Inter-Faith Housing and Bouchee Development announced last Wednesday they had been approved for a $6.8 million mortgage through the U.S. Department of Housing and Urban Development.

They’ve also been awarded $8.2 million in Low Income Housing Tax Credits from the state’s Mortgage Finance Authority. The City of Carlsbad has pledged $155,000 for the project.

“It’s quite possibly the worst condition of low-income housing in the state,” said Daniel Werwath of Inter-Faith Housing. “We’re about to invest a lot of of money in renovating the units.”

More than $80,000 will be spent on each of the complex’s 76 units, said developer Mike Bouchee.

“Really, nothing will go untouched,” Bouchee said.

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