A Pew study co-authored by a Thornburg grantee finds that converting vacant offices into co-living microapartments could cut construction costs in half and ease New Mexico's housing shortage.
As housing costs soar, a Pew Charitable Trusts study—led by Thornburg Foundation grantee Alex Horowitz—proposes co-living as a solution. Converting vacant Albuquerque offices into dorm-style microapartments could cut construction costs by 50%, offering rents as low as $700/month. In Santa Fe, new builds could achieve similar savings. With shared kitchens and amenities, this model may ease the state's severe housing shortage.
Read the full story at The Pew Charitable Trusts →