Village of Ruidoso and Partners Launch Elk Meadows, a 72-unit Community for Local Families
RUIDOSO, NM — A new chapter in local housing begins as the Village of Ruidoso and its partners officially launch the Elk Meadows project, a thoughtfully designed 72-unit apartment community tailored for Ruidoso’s families and workforce. Located just north of the PNM facility on Mechem Drive, Elk Meadows will offer energy-efficient, modern homes with scenic golf course views and on-site services aimed at supporting residents in building stable, vibrant lives.
This project has been three years in the making, and it’s the result of a genuine community effort. Developed by Enriched Communities LLC in partnership with the New Mexico Housing & Community Development Corporation and the Village of Ruidoso, Elk Meadows was awarded approximately $15 million in state housing tax credits, plus additional funding from the New Mexico Housing Trust Fund, the National Housing Trust Fund, and the HOME Rental Program.
Once complete, the development will include 27 one-bedroom, 36 two-bedroom, and nine three-bedroom apartments. In addition to much-needed housing, residents will have access to on-site programs through Region IX Education Cooperative and Eastern New Mexico University. These free services will include early childhood and youth development workshops, health screenings, and other family-focused offerings.
The Elk Meadows project isn’t just about new apartments; it’s about giving Ruidoso families more choices and a stronger foundation to build their futures. Located near everyday conveniences, Elk Meadows is designed to serve a diverse mix of residents, including those with children, those working in local industries, and others who help keep Ruidoso thriving. Construction is expected to wrap up by fall 2026.
Stay tuned for updates as construction gets underway—we look forward to welcoming new neighbors to Elk Meadows in 2026!
For more information, contact:
Alex Koenig, Community Development Director
T: 575-258-4343
