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El Camino Crossing (2017)

Santa Fe, NM

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NMTC Amount: $8,000,000

Est. Total Project Cost: $9,379,380

COMMUNITY IMPACT

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.

Disaster Assistance

Learn more about how the NMTC helps communities recover from natural disasters.
Disasters

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, NM Tweet This

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