Santa Fe’s Bold Housing Fee Move | Santa Fe News

Santa Fe’s city council is weighing a bold new plan to force developers to either pay steep new fees—or actually build affordable housing units—aiming to fix a broken system that’s fallen behind inflation and housing costs. With fees potentially doubling or tripling, Mayor Michael Garcia says it’s time for fairness and real solutions to the housing crisis. But critics warn it could scare off builders, shrink the housing supply, and ironically hurt affordable housing efforts. Commissioners are split: some see it as a needed step toward mixed-income neighborhoods, others fear it’ll repeat Portland’s mistakes. The city’s balancing act could reshape Santa Fe’s future—one that’s as urgent as it is uncertain. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/aebd0c0400326d4e