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The 100-unit development will provide expanded housing options for individuals 55 and older
Albuquerque, N.M. – Today the Supportive Housing Coalition of New Mexico and Thomas Development Co. announced the groundbreaking for a new affordable housing community, La Serena Apartments. The multifamily senior housing development will create affordable rental options by leasing based on income limits versus market rate, thanks to financial resources from New Mexico Mortgage Finance Authority (MFA), Bernalillo County, City of Albuquerque, Cedar Rapids Bank & Trust and CREA.