In a recent City Commission meeting held on September 9, 2025, Alamogordo officials discussed a significant development project that aims to provide much-needed housing in the community. The proposed project, initially thought to consist of 114 units, has been updated to include approximately 228 units, featuring one, two, and three-bedroom apartments. This adjustment reflects the growing demand for diverse housing options in Alamogordo.

A key aspect of the discussion centered around the project's financing, which involves a $21 million loan backed by the U.S. Department of Housing and Urban Development (HUD). Developer Eddie Valencia explained that this HUD commitment acts as a safety net, ensuring that if the project encounters financial difficulties, the federal government will step in to support it. Valencia emphasized the importance of securing this funding to move forward with the project, which is expected to enhance the local housing market.

Commissioners also addressed concerns regarding a proposed property tax abatement associated with the development. Currently, the property generates about $1,800 in annual revenue. Under the new agreement, this amount will remain unchanged for seven years, allowing the project to stabilize without losing current tax revenue. After this period, the property will be reassessed, potentially increasing tax contributions based on its new value.

The commission acknowledged community concerns about the implications of the tax abatement, particularly regarding funding for local schools. Officials reassured residents that the county is committed to working with school representatives to clarify the situation and ensure that educational funding remains a priority.

As the project moves forward, the City Commission's support is seen as a crucial step in addressing the housing needs of Alamogordo residents while balancing fiscal responsibilities. The next steps will involve finalizing financing arrangements and continuing to engage with the community to address any lingering questions or concerns.