The average Albuquerque home is 44 years old, and a lot of families can’t cover the big repair bills that come with aging houses. On Sept. 15, the City Council approved a program to help, passing the measure 5-3.
The Preserving Albuquerque Through Critical Housing (PATCH) program will provide up to $75,000 in forgivable loans for essential fixes like roofs, plumbing and electrical systems.
“PATCH will give homeowners peace of mind, ensuring they don’t have to choose between a costly repair and staying in their family home,” said Mayor Tim Keller in a statement. “This program keeps families rooted in their histories, homes, and communities that they’ve worked so hard to build.”…