Santa Fe Council Boosts Affordable Housing

Santa Fe City Council Advances Affordable Housing Initiatives: Land Sale & Townhome Project The Santa Fe City Council is making strides in affordable housing, approving a land sale to The Housing Trust and negotiating a townhome project with Homewise Inc. These moves align with the councils priority to increase affordable and attainable housing options. The Las Estrellas land sale, valued at $4.5 million, will fund the citys Affordable Housing Trust Fund and Economic Development Fund. The midtown townhome project aims to bring 74 units, with over 40% designated as affordable, as part of a larger redevelopment effort. Negotiations are ongoing to address concerns about land ownership and long-term city control. Support the show:Get a discount at https://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/6ada958606963a73