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Hot housing market edges out would-be buyers, tightens rentals


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Sarah Burkhart moved to Albuquerque last year to care for her mother and has been looking for a rental for the past several months. Though she recently secured a rental, she said it was largely due to the time she dedicated to finding a unit. (Roberto E. Rosales/Albuquerque Journal)
EDITOR’S NOTE: This is the final in a series of stories on Albuquerque’s growing housing affordability crisis.
Copyright © 2021 Albuquerque Journal
For the past year and a half, Sarah Burkhart and her husband, David, have been living and caring for her mother in her mother’s Corrales home.
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But when Burkhart began to look for a space of her own a few months ago, she found herself in the middle of a competitive rental market with fewer options and available properties being rented almost immediately and for higher-than-normal prices. ....

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Applications already pouring in for 2022 community solar project


Community solar projects in New Mexico won’t start until April 2022 as the Public Regulation Commission (PRC) was conducting a rulemaking required by a bill passed during the State’s 2021 Legislative Session.
The Community Solar Act was signed into law earlier this year after being introduced and failing during previous sessions.
It called on the PRC to develop regulations that would allow community solar projects across the state.
Community solar allows customers to tap into shared “solar gardens” and receive credits on their electrical bills.
The gardens are smaller than large-scale utility solar installations but allow multiple users as opposed to residential, rooftop solar. ....

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