Government can’t soften blow to U.S. economy

Editorial No one can now deny the obvious: The housing bubble, especially in high-priced real estate markets, has popped. New home sales are projected to fall nationwide to 805,000 this year, down 23 percent from 1.05 million last year, the National Association of Realtors has reported. If that happens, it would be the worst year […]

Supreme Court rejects proposed punishment

The Associated Press ALBUQUERQUE — The New Mexico Supreme Court has rejected a proposed formal reprimand of an Albuquerque judge, saying it isn’t sufficient punishment. Instead, the justices said Bernalillo County Metropolitan Judge Theresa Gomez should be suspended without pay for two weeks. Last month, Gomez — who lived rent-free for nearly two years in […]

Residents prepare for transition

By Sharna Johnson: Freedom New Mexico The impact Cannon Air Force Base’s new mission will have on the local community is still unknown. Everett Frost, vice chairman for the Local Growth Management Organization, said his group plans to use Defense Department funds to hire a consulting firm to study plans for Cannon and make projections […]

City Council accepts housing study recommendations

By Karl Terry: PNT Managing Editor City Council accepted the workforce housing study recommendations Tuesday, agreeing to move forward with a plan to build affordable housing on city-owned land. The next step in the process, according to City Manager Debi Lee, is to proceed with an appraisal of the land, just east of the municipal […]

Housing proposal questions crop up

By Karl Terry, PNT managing editor Opinions on the idea of an affordable housing project in Portales appear to be mixed among builders and real estate professionals with some saluting the idea and others favoring a free-market approach. Led by Mayor Orlando Ortega Jr., city of Portales officials have been studying an affordable housing project […]

Housing could be on city’s horizon

By Mickey Winfield: PNT Staff Writer If the mayor and out-of-state developer UniDev have their way, hundreds of units of affordable housing could be on the horizon for Portales. UniDev, a housing developer from Maryland, made a presentation Thursday morning at Portales City Hall that included specifics about a possible workforce housing residential community. According […]

Air Force releases impact statement

By Sharna Johnson: Freedom Newspapers Plummet. Spike. Drop. Level out. The next few years of Cannon Air Force Base’s proposed transition to a Special Operations base look like a chart of the stock market. Over the next six to seven years, Cannon population numbers will drop significantly when the F-16s leave and the base prepares […]

Cannon plans asbestos tests

By Marlena Hartz : Freedom Newspapers Cannon Air Force Base is testing its military housing units for asbestos following the discovery of the potentially hazardous material in two unoccupied military houses, according to Cannon spokesperson Capt. Rebecca Garcia. Approximately 30 homes will be tested and test results will be released in June, Garcia said Thursday. […]

Housing allowances increase for new year

By Tom Philpott: Military Update Basic Allowance for Housing (BAH) will increase an average of 3.5 percent next year for the nearly 950,000 service members who live off base stateside. Some BAH recipients will see their housing allowance rise two to three times the average percentage increase while others will see no BAH raise in […]

City council meets with housing developers

By Karl Terry: PNT Managing Editor Portales City Councilors got their first face-to-face meeting with officials from UniDev LLC, the Bethesda, Md. company selected as the master developer for a proposed affordable housing project in Portales. Peter Smirniotopoulos, vice president of development and Jeffrey Koskinen, assistant project manager were on hand at Tuesday’s regular city […]

Student housing gets regents’ final approval

By Karl Terry: PNT Managing Editor Eastern New Mexico University regents gave final approval on two student housing projects Thursday during their regular meeting. The projects would provide student housing complexes at the Portales and Roswell campuses that are to be privately owned and financed through the sale of bonds that would be repaid from […]

Council OKs development study plan

By Paula Cronic: PNT Staff Writer Portales City councilors approved a resolution supporting a feasibility study to be done by the New Mexico Mortgage Finance Authority which will provide information about the community’s housing needs, possibly leading to a residential housing project. The resolution, authorizes the city to apply for the Workforce Development Program through […]

Portales officials to consider housing options

By Tony Parra: PNT Staff Writer Portales city officials are considering using land located next to the golf course to build between 70 and 100 houses for Portales residents and are exploring options on how to do that. Portales Mayor Orlando Ortega said city officials are interested in using about 45 acres of the 150 […]

ENMU De Baca Hall, targeted for re-opening

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By Tony Parra: PNT Staff Writer De Baca Hall has long been the first impression of Eastern New Mexico University for people driving west on First Street — that’s not necessarily a good thing, according to ENMU officials. ENMU administrators have included the De Baca renovation in a capital projects list to the New Mexico […]

Spouses get taste of potential home

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By Tonya Fennell: Freedom Newspapers Having a special needs child, Lisa Dunaway was most concerned with the medical facilities in her prospective new home. Along with other spouses of Air Force Special Operations Command, she joined her husband Thursday and Friday to tour Clovis and Portales. She may soon call Clovis home when the AFSOC […]

City OKs bonds for $84 million

By Tony Parra: PNT Staff Writer Two major million-dollar projects regarding a new housing development for Eastern New Mexico University and expansion of the DairiConcepts plant took center stage at Thursday’s city meeting. Portales city councilors authorized the issuance of student housing revenue bonds in the amount of $14 million to finance the project. The […]

Real estate squeeze?

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By Helena Rodriguez: PNT Staff Writer With the announcement of Cannon Air Force Base’s new Special Ops mission this past week, one local real estate owner predicts subdivisions will be created on the outskirts of Portales to accommodate an expected influx of people. “I was very happy to hear that Cannon has received a new […]

Town set for military boost

By Marlena Hartz: Freedom Newspapers For the mountain community of Colorado Springs, Colo., change is certain. In the next few years, the size of nearby Fort Carson will more than double. As overseas assignments in Germany, Europe and Asia shrink to create a more mobile military, more than 10,000 troops will be assigned to the […]

New subdivision features 56 townhouses

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By Tony Parra: PNT Staff Writer Larry Combs, of Portales, is undertaking his biggest project as a developer with the Foxtrail Estates which received final plat approval by city officials this week. The development plans for 56 luxury rental townhouses. Foxtrail Estates is located in the south part of Portales near Golden Acres Retirement Apartments […]

Parker says water and civic pride city’s top issues

Editor’s note: The following is the first part in a question and answer series of candidates running in the municipal election on March 7. Candidates are asked questions regarding the city’s future. Incumbent Dianne Parker is running for re-election in Ward D and will be facing Eddy Hiner and Jim Lee. 1. In your view, […]