Quality affordable housing has a positive impact on surrounding property values
Quality affordable housing does not look cheap
Quality affordable housing can help to decrease crime rates and stabilize community
High-density affordable housing can have a positive impact on the transportation system, decreasing car use (and traffic), and increasing public transportation use
Compact, high-density affordable housing is an efficient use of public services and infrastructure
Quality affordable housing can help to enhance the character of the community
9.2 million U.S. households earn less than 30% Area Median Income, yet only 6.1 million rentals exist that they can afford
16% of Albuquerque's population lives in poverty
11% of Albuquerque's elderly population lives in poverty
23% of Albuquerque's children live in poverty
More than half of Albuquerque's households are in the lowest income categories as defined by HUD
58% of low-income households in Albuquerque are renters
There is an apparent and immediate need for quality, affordable housing within Albuquerque and the nation.