HOBBS, N.M. - New housing is going up in Hobbs, New Mexico.
The Crestline Building Corporation is building a 122 unit apartment complex.
The Ledgestone Apartments will be located at North Dal Paso on Navajo Drive.
But some might argue that this isn't exactly affordable housing.
Prices start in the neighborhood of $670 a month and go up to almost $1,500.
A similar project will also be built in Carlsbad.