On Wednesday, the Governing Body approved the donation of City-owned property in downtown Santa Fe for the development of five low-priced housing units for sale to qualified homebuyers.
Developers Santa Fe Habitat for Humanity and B.Public were selected through an RFP process, and Habitat estimates that these sustainably-built homes will cost approximately $225,000 to construct, with monthly housing payments of $600-$800.
The donation of this site is intended to be the first of a series of dispositions of under-used City-owned property to stimulate the creation of housing units on infill lots. Read more here.
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