Ensuring Seniors Have Housing They Can Afford

On March 31, 2022 Luminaria Senior Community, located along historic route 66, opened its doors to first time residents - seniors over the age of 55 earning between 30-60% of the median income in Bernalillo, Sandoval, Torrance, and Valencia counties.

The Greater Albuquerque Housing Partnership, New Mexico Mortgage Finance Authority, the New Mexico State Land Office, and the City of Albuquerque partnered with Jaynes Corp. and DPS to develop, design, and build the 92 unit mix of one and two-bedroom apartments. During the grand opening Mayor Tim Keller said, “This project is an example of the power of collaboration and revitalization in this part of town. It sets the stage for hopefully something we can do more of.”

According to HUD’s Statewide Income Limits for New Mexico, In 2020 more than 50% of senior households were considered low-income. The Albuquerque metro area alone struggles to meet rental housing demand, currently seeing a shortage of over 40,000 affordable units. Multifamily properties with long-term affordability requirements like Luminaria Senior Community guarantee that low-income seniors have access to housing they can afford.

Luminaria community amenities include an on-site Social Services coordinator, semi-annual Medicare/Medicaid eligibility screenings and application assistance, technology training, and an on-site Roadrunner food bank and distribution hub that is set to fully operate by July of 2022. To help stock Luminaria's pantry in the interim, DPS staff hosted a collection drive to help provide hygiene essentials and food staples for residents at the time of move-in.

Hannah Feil Greenhood, Principal Architect of the Housing Studio at DPS said,

"We've been lucky enough to work together with so many wonderful partners to
bring this vision to fruition. What an honor it has been to be a part of the
Luminaria Senior Community. Welcome home to its new residents!"

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