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FOR IMMEDIATE RELEASE

Date: November 11, 2021

Contact: Danielle Casey, AED, dcasey@abq.org,  602-332-8511

Homewise Named Community Leadership Award Honoree
Award Program Recognizes Leadership in Economic

Albuquerque, NM – Albuquerque Economic Development, Inc. announced Homewise as the Community Leadership Award recipient for the third annual 505 Awards, which recognize organizations and individuals that are making exceptional contributions to economic growth and prosperity in the Albuquerque metro area, resulting in improvements to the region’s overall economic strength.

The Community Leadership Award, sponsored by NUSENDA Credit Union, recognizes an organization that has made significant contributions toward strengthening the community’s economy. The organization may be public or private; must have an established operation with employees in the Albuquerque metro area; and must describe and quantify how the organization has contributed to economic development in the region through leadership, financial support, local investments, hiring, training, or related activities.

“We congratulate Homewise and extend our gratitude—on behalf of the Albuquerque community—for their commitment to making a positive impact on our local economy,” said Danielle Casey, AED President & CEO. “We know that the past two years have posed significant challenges, and we honor Homewise for their hard work and excellence in community leadership.”  

“Homewise is honored to receive the AED’s 505 Community Leadership award. Homewise is a nonprofit   Community Development Financial Institution (CDFI) founded in New Mexico 35 years ago. At the heart of our mission, we support economic growth and prosperity in our community by helping low to moderate income individuals and families achieve financial wellbeing through affordable, sustainable homeownership,” said Laura Altomare, Homewise President. “Our financial training and education programs have helped over 17,000 New Mexicans overcome financial obstacles and increase their financial stability. We are excited to be recognized with this award and congratulate the exceptional group of this year’s honorees doing such great work in our community!”

Honorees were selected from nominations that took place in the summer. Nominations were open from any source, and to be considered, nominees were required to accept their nominations and provide follow-up documentation of their work.

Homewise, along with the remaining 505 Awards honorees, will be recognized at the inaugural celebration from 6–9pm on December 9 at Hotel Albuquerque. The event, sponsored by True Health New Mexico, will combine AED’s annual business meeting, a year in review presentation, a look ahead to the future, and the 505 Awards celebration.

To attend the 2021 Inaugural Annual Dinner, where honorees will be recognized, or for more information on awards categories, eligibility requirements or judging criteria, visit https://www.abq.org/2021dinner/.

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About AED

AED is a private, nonprofit organization whose mission is to recruit business and industry, help local companies grow and generate quality job opportunities throughout the Albuquerque metro area. AED provides confidential assistance to businesses considering the area for expansion and new investment. Since its creation in 1960, AED has recruited more than 250 companies and more than 35,000 jobs to the Albuquerque metro area. AED also provides retention and expansion assistance to existing industry. For more information about AED, visit www.abq.org.

About Homewise

Since 1986, Homewise has been helping people achieve their homeownership goals. We do this by focusing on our customers and placing their long-term financial wellbeing as the highest priority. We share in our customers’ challenges and successes, using those experiences to build a better way to buy a home. We believe that strong homeowners help build healthy, vibrant communities. And with the right tools and support, people can be empowered to change their lives.