El Camino Crossing

Santa Fe,
NM
(2017)

El Camino Crossing

Community, Housing

New Mexico’s Homewise Inc. received funding to invest in one of Santa Fe's distressed areas.

Investment

NMTC Amount: $8,000,000
Total Project Cost: $9,379,380

IMPACT

26 FTE jobs
115 construction jobs

CDEs

Housing Partnership Network, New Mexico Finance Authority

Investor

US Bank

Voices from the Community

We use NMTC to create opportunities for affordable homeownership. Our homeowners help reinvigorate the distressed neighborhoods

-Emilee Powell, Manager of Impact Measurement and Financial Stability, Homewise, Santa Fe, New Mexico

Project Description

New Mexico’s Homewise Inc. received funding to invest in one of Santa Fe’s distressed areas.

The New Markets Tax Credit allocated $5 million to rehabilitated the Siler Road and Agua Fria area in Santa Fe. The area was determined a “severely distressed census tract,” and with the funding and the investment, there is now more 20 energy-efficient homes in the area as a result of it.

MAP

Address: 1124 Harrison Rd., Santa Fe, NM 87507

Census Tract: 35049001202

PDF Profile

Centennial Place

New Orleans,
LA
(2013)

Adult Education, Business Development, College or Vocational Training, Community, Culinary Entrepreneurship, Food Manufacturing, Grocery and Fresh Food, Historic Rehabilitation, Manufacturing, Retail, Retail and Commercial, Shelters and Community Food

CDE(s): Enterprise Community Partners, VOANS

A new redevelopment project rresulted in 52 apartments, a commercial kitchen that prepares fresh and healthy meals for schools and social service clients and offer job training, and retail and

Saint Anthony Hospital

Chicago,
IL
(2016)

Community, Hospitals and Emergency Services

CDE(s): Community Hospitality Healthcare Services

In the works since at least 2012, an ambitious plan to build a new community health and wellness campus in Chicago’s Little Village neighborhood has cleared another milestone.

Model Mill

Johnson City,
TN
(2018)

Business Development, Historic Rehabilitation, Office

CDE(s): People Incorporated Financial Services, RBC Community Development

Financing for rehab of the Model MIll on West Walnut Street into a new headquarters for a business.

Dream Charter School

Bronx,
NY
(2022)

Healthcare, Schools

CDE(s): NYCR-CDE, TruFund, USBCDE

This project will finance the redevelopment of the historic and iconic “History Channel Building,”previously vacant for more than 20 years, into a 188,181 sq. ft. educational facility in the Mott