Other Development Incentives and Resources
Key Development Incentives
Property Incentives
The MRA partners with private developers to build vibrant communities throughout Albuquerque. We have several incentive programs to catalyze investment in our community.
- Incentives are available for projects in a Metropolitan Redevelopment (MR) Area
- View Property Incentives Summary (PDF)
Impact Fee Waivers
All projects located within a Metropolitan Redevelopment Area are eligible for a waiver of City of Albuquerque impact fees. This does not apply to Water or Sewer Impact Fees assessed by the Albuquerque Bernalillo County Water Utility Authority.
Commercial Property Search Tool
The Albuquerque Regional Economic Alliance (AREA) provides an interactive site selection tool, and helps users determine eligibility or find ideal project locations.
- Use ABQSites.com Property Search Tool
- To determine if a property is located in an MR Area or TIF District, under “Map Layers” > “Local Data” toggle on “Metropolitan Redevelopment Areas” and “MR Area TIF Districts.”
Albuquerque Multi-Family Market Profile
Our Multi-Family Market Profile is helpful for investors and housing developers assessing local opportunity, and provides an overview of our market, recent employment growth, and our incentive programs.
Quick References and Downloads
Other City and State Development Incentives
Resources for users who may be pursuing additional or overlapping funding sources:
- City of Albuquerque Economic Development Department: Includes LEDA grants, IRBs, and business support
- View NM Opportunity Zones Map
- New Mexico's NM Opportunity Zone Hub