The Carlsbad economy is characterized by fluctuations in employment related to the oil, gas and potash mining industries. The age and condition of the city’s housing stock and constraints on development have created a shortage of housing to accommodate the city’s expanding employment. The Greater Carlsbad Comprehensive Plan – Strategy 2020 identified a number of housing issues and established goals and objectives for providing quality residential environments. That was an initial step toward addressing the housing issue. Sites Southwest’s Housing Analysis and Strategic Plan provided another step.
A Sites team conducted interviews with key stakeholders, worked with a stakeholder committee and city staff to document issues and strategize. The resulting plan identifies five priority areas and actions to improve housing. The priorities are: availability and quality of workforce housing, housing for cost-burdened households, rehabilitation and replacement of deteriorated housing stock, special needs housing and housing for retirees.
The Sites’ plan quantifies housing needs and sets out a strategic plan of achievable actions to improve housing in the Greater Carlsbad area. The document is consistent with requirements of the Affordable Housing Act for Affordable Housing Plans and meets New Mexico Mortgage Finance Authority standards for such plans.