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Business news in brief March 25
| The New Mexican
Posted: Wednesday, March 25, 2009
- 3/24/09
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Affordable housing project set to be finished in fall

Construction has begun on the Villas de San Ignacio, an affordable apartment complex in the master-planned community of San Isidro Village, on the city's southwest side.

Branch Design and Development is the developer of the project, which when completed in the fall will contain 127 units available to tenants whose annual income is between $33,000 and $39,600 for a family of four.

The New Mexico Mortgage Finance Authority provided more than $5 million in funding for the project through low-income housing tax credits and federal programs.

Total cost for San Ignacio is $14.8 million.

Equine hospital opens in Algodones

Meddleton Equine Hospital, owned by Mark T. Meddleton, DVM, has opened in Algodones.

The facility is a full-service, custom-design equine medical and surgical hospital featuring New Mexico's only equine MRI, Meddleton said.

The hospital has a surgical suite with two induction/recovery rooms, seven intensive-care and hospital stalls, and as a treatment room with padded stocks. It also provides advanced diagnostic and treatment options such as digital radiography, digital ultrasound and other treatments.

In addition, the hospital offers emergency medical and surgical treatment for colics, orthopedic cases, neonatal foals and other intensive-care needs.

The hospital will also provide elective surgical procedures such as arthroscopy, upper respiratory surgery, castrations and hernia repairs, as well as routine care for horses.

For more information, call 505-867-5567. E-mail is medequine@gmail.com.

Small-business hot line

The Small Business Administration's Business Gateway Program has launched http://Community.Business.Gov, a government-sponsored hot line built specifically for small business.

The objective of the hot line is to provide small-business owners, bloggers and the government with a place to discuss and share information about starting and running a successful business.

The site also allows small businesses to provide input to business.gov and voice the ways government and the online community can better serve them.

Martinez becomes firm's entrepreneur-in-residence

Entrepreneur Kristin Martinez has joined New Mexico Community Capital (www.nmccap.org) as its first entrepreneur-in-residence.

Martinez, founder and CEO of Sound Point, an Albuquerque-based venture development and business advisory company, has a long track record as an entrepreneur, executive, consultant and mentor to dozens of companies.

Martinez has also been actively involved in the nonprofit sector, with specific focus on entrepreneurship, sustainable investing, and mentoring the next generation of business leaders.

Martinez will advise the leadership team at NMCC and will work closely with the organization's staff to find and evaluate new investment opportunities.

For more information about NMCC, e-mail info@nmccap.org or call 505-924-2820 in Bernalillo.



The New Mexican


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