Eddy County sets aside $15.57 million for municipal housing projects, opts against fixed per‑town allocations The county approved a $15,566,000 set‑aside to support housing projects across municipalities but removed predetermined per‑city dollar assignments, keeping the fund as a countywide pool to be allocated to shovel‑ready projects on a case‑by‑case basis.

Eddy County just approved a massive $15.57 million funding pool for housing development, but there's a twist—no fixed amounts for each town!

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Eddy County manager proposes $15.5 million municipal housing fund to speed construction County Manager Mike Gallagher asked the Eddy County Commission to set aside roughly $15.5 million—half of last years general-fund surplus—to finance housing and housing-related infrastructure projects proposed by cities and towns; mayors and commissioners said they welcomed the offer and asked for project-level agreements and accountability.

Eddy County's manager just proposed a game-changing $15.5 million fund to boost housing projects across municipalities—will it pave the way for new homes?

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