Developers discuss Cannon housing details

Kevin Wilson An Atlanta-based developer met with about 80 developers Tuesday at the Clovis Civic Center to discuss details on a private housing plan at Cannon Air Force Base. Schedule to start July 1, the housing privatization project will add 677 new homes to the base. The work at Cannon is part of a $470 […]

Business digest —

Outreach conference scheduled A small business outreach conference has been scheduled for 5:30 p.m.-8:30 p.m. March 13 at the Clovis Civic Center for subcontractors and suppliers to work on a privatized housing project at Cannon Air Force Base. Balfour Beatty Construction is seeking qualified applicants to work on a project of approximately 677 new housing […]

Mayor stresses importance of economic development

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CNJ staff photo: Tony Bullocks Clovis Mayor Gayla Brumfield speaks at Thursday’s press conference held at the Clovis-Carver Public Library north annex. Tonjia Rolan Mayor Gayla Brumfield said she called a press conference Thursday to stress the importance of economic development for Clovis. The mayor also highlighted recent federal and state appropriations for the Ute […]

Organization wants help to find housing for fire victims

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CNJ staff photo: Tony Bullocks Clovis Fire Department works on putting out a fire Wednesday morning at the Clovis Apartments on Martin Luther King and Cesar Chavez boulevards. Tonjia Rolan Though relief organizations are doing all they can for displaced victims of Wednesday’s fire, disaster relief is short term, according to Erinn Burch, director of […]

Rural refinance program to launch

CNJ staff The U.S. Department of Agriculture will launch a single family housing guaranteed rural refinance pilot program in New Mexico to help rural borrowers refinance their mortgages, according to U.S. Sen. Tom Udall, D-N.M. To be eligible under this pilot, borrowers must have made timely mortgage payments for 12 consecutive months. Rural residents can […]

Housing allowance rates raised

Basic Allowance for Housing paid to a million service members living off base in stateside areas will rise an average of 2 percent Jan. 1. BAH for a typical enlisted member, in pay grade E-6 with dependents, will increase by an average of about $35 a month. BAH for a typical officer, a married O-3, […]

Bases select developer for housing privatization project

CNJ staff A group of six Air Force bases, which includes Cannon Air Force Base, has selected a developer for a $470 million housing privatization project. Cannon will receive 1,038 homes in the Joe Cannon Estates and Chavez housing area — 677 new homes and 361 renovations on houses at Chavez West — through a […]

Press release: Air Force selects partner for Cannon housing privatization

Obama forgets lessons from housing crisis

Nearly everyone recognized the obvious steps that had to be taken after 2008’s housing disaster — no more loans to unqualified buyers, no more creative financing, no more packaging for resale of securitized mortgages not worth their face value. Apparently, President Barack Obama already has forgotten. He proposes a housing fix with more problematic government […]

Hotel Clovis project to move forward

Sharna Johnson A Taos developer has bridged a funding gap and will be cleared to move forward with renovation of Hotel Clovis in as little as a week, according to state officials. Developer Stephen Crozier is poised to close his loans by next week and has satisfied underwriting requirements, said Linda Bridge, housing development director […]