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Santa Fe, NM (2017)

El Camino Crossing

Investment

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

IMPACT

  • 26 FTE jobs
  • 115 construction jobs

CDEs

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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.

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1124 Harrison Rd., Santa Fe, NM 87507

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