Other Development Incentives and Resources

MRA Toolkit for Developers Webinar

The Metropolitan Redevelopment Agency (MRA) partners with private developers to build vibrant communities in downtown Albuquerque and along the Central corridor. We have several incentive programs to catalyze investment in our community. MRA hosted a webinar on November 16, 2022 to discuss our incentive programs and how you can benefit from them!

• View the MRA Toolkit for Developers Webinar recording
• View the MRA Toolkit for Developers PowerPoint

Property Incentives for Developers

MRA offers property incentives to developers with projects in a Metropolitan Redevelopment Area. View a summary of the property incentives MRA has to offer. 

Albuquerque Multi-Family Market Profile

Are you interested in developing or investing in a multi-family project in Albuquerque?  View our Multi-Family Market Profile which provides an overview of our market, recent employment growth, and our incentive programs.

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.

Brownfield Revolving Loan Fund (RLF)

The City of Albuquerque has an EPA Brownfields Revolving Loan Fund to issue low-interest loans to qualified developers. The program goal is to encourage the redevelopment of contaminated properties in our community. As repayments are made, the funds are revolved, enabling the Brownfield Program to provide additional loans to borrowers. Applications are accepted on an ongoing basis and loans are made based on the availability of funding. For more information view the documents below:

• ABOUT BROWNFIELDS
• REVOLVING LOAN FUND GUIDELINES
• REVOLVING LOAN FUND PROPOSAL
• REVOLVING LOAN APPLICATION

Additional Resources

• Property Development Incentives: Quick Glance Summary

• Map of MR Areas and Opportunity Zones