Title
Incorporated County of Los Alamos Resolution No. 26-08; A Resolution Relating to the Development of a Workforce Housing Facility on County Parcel A-8-A and Approving the Execution and Delivery of a Memorandum of Understanding Relating Thereto
Recommended Action
I move that Council adopt Resolution No. 26-08, A Resolution Relating to the Development of a Workforce Housing Facility on County Parcel A-8-A and Approving the Execution and Delivery of a Memorandum of Understanding Relating Thereto.
County Manager's Recommendation
The County Manager recommends that Council adopt the Resolution and Memorandum of Understanding as requested.
Body
Project Chronology
July 2024: The County issued a solicitation for the lease or sale and development of the A-8-A parcel to create affordable workforce housing in a higher-density neighborhood adjacent to downtown.
July 2025: The County and Servitas, LLC entered into a nonbinding term sheet for the development of approximately 380 workforce housing units on the 22-acre parcel. The plan includes 120 County deed restricted 1-, 2-, and 3-bedroom units for households earning between 60% Area Median Income (AMI) and 100% AMI with an average of 80 % AMI. In addition there will be 98 state of New Mexico deed restricted 1-, 2-, 3-bedroom units for households earning up to 120% AMI.
September 2025: Council approved Ordinance No. 746, authorizing the sale and development of the property by Servitas and outlining the additional steps necessary to complete the project.
March 2026: Following the completion of due diligence and site plan approval, property ownership was transferred from the County to Servitas-Los Alamos Housing 1, LLC, which currently holds fee simple title.
Next Steps
This action fulfills commitments established in the development agreement and the MOU formalizes the partnership between Los Alamos County and Madrone Community Development Corporation (Madrone), a California nonprofit 501(c)(3) public benefit c...
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