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Phoenix & Southwest  + New Mexico  + Apartments  | 
Albuquerque buys hotel, converts to affordable housing

Albuquerque Converts Hotel to Affordable Housing

Albuquerque’s SureStay Hotel will soon be renovated into efficiency and one-bedroom apartments. The City of Albuquerque finalized the purchase of the hotel it will convert into 100 units of affordable housing for low- and moderate-income households. The State of New Mexico contributed $3 million toward the project. The City will match the states contribution with Covid-related funding.

Once the project is complete, an on-site services coordinator will work on connecting future residents to resources. The project expands the City’s portfolio of affordable housing units by 20%. The project’s architect is Albuquerque-based SMPC Architects. Meanwhile, the request for proposal (RFP) for an on-call contractor closed last week and is now under review. 

Construction is expected to begin next month and last six to nine months.


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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

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