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 [...]

Small business conference scheduled

Clovis Media Inc. 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 [...]

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 [...]

Number of homes, retailers growing

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Slowly but surely, Portales is on its way to having more family housing, according to the December report for building permits. “We’re actually up in every category this year except roofing,” City Planning Director Sammy Standefer said. “This year, we’re up on single family dwellings slightly.” Standefer said prior to 2008, 25 permits annually for [...]

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, [...]

Developer selected for Cannon housing privatization

Freedom New Mexico 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 [...]

Press release: Air Force selects partner for Cannon housing privatization

(From 27th Special Operations Wing Public Affairs) CANNON AIR FORCE BASE, N.M. – Belfour Beatty Communities (BBC) has been selected as the highest ranking offeror for the Air Force’s Northern Group Housing Privatization Project.

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 [...]

Portales minor arrested for burglaries

A Portales minor was arrested Monday and charged with breaking into five homes in 801 military housing in Portales on Oct. 4, according to Portales police. He’s also charged with two counts of conspiracy to commit burglary, police said. He is being held at the juvenile detention center in Clovis.

Realtors: Housing demand strong

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Argen Duncan The local housing market is slower than in the past but doing better than most of the nation, people involved in that market have said. “Compared to the rest of the country, we’ve really been blessed in Curry and Roosevelt counties,” said Wanda Graham of Kiva Realty in Portales. The area has seen [...]