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Carlsbad Moves Ahead With Plan to Ease Housing Shortage

The Carlsbad City Council has approved a zoning change that officials are hoping will help ease a housing shortage caused by the oil boom.
Staff Report
Associated Press

CARLSBAD, N.M. (AP) - The Carlsbad City Council has approved a zoning change that officials are hoping will help ease a housing shortage caused by the oil boom.

The Carlsbad Current-Argus reports that the zoning change will allow for developers to build an apartment complex on two lots that were previously zoned for commercial use.

California-based Silverado Land Company has plans to build a complex of two-story, town home-style apartments. The complex will include a community center with a playground.

Despite a drop in oil prices, communities in southeastern New Mexico continue to face housing shortages because of the booming oil industry.

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