New Markets Tax Credit Coalition

Hotel Andaluz

Investment

  • NMTC Amount: $5,345,034
  • Total Project Cost: $25,754,099

IMPACT

  • 134 FTE jobs
  • 80 construction jobs

CDEs

Investor

Project Description

NMTC financing supported the rehab of the historic Hilton Hotel Andaluz. The project brought new jobs to the community, many of which were set-aside for Native Americans.

MAP

Address: 125 Second Street Northwest, Albuquerque, NM 87102

Census Tract: 35001002100

Other New Mexico Projects

Financing for the construction of two electrical substations on the Navajo Nation Reservation
A food manufacturing plant expansion on in Albuquerque's South Valley, an economically depressed area of the City.
NMTC financing supported a medical clinic in Sandoval County, New Mexico, that offers holistic services to inspire and nurture well-being, one person at a time.
Financing for Continental Divide Electric, serving 24,088 consumers living in Bernalillo, Cibola, McKinley, Sandoval and Valencia counties.