Capital Outlay Web Project Summary

LCS WEB ID: 3426

SANTA FE AFFORDABLE HSING INFRA CONSTRUCT CONSTRUCT

Santa Fe requests $14,000,000 Trunk infrastructure for Phase 3 of Tierra Contenta, a mixed income master planned community comprised of roughly 2,000 single and multifamily housing units, at least 40% of which will be affordable to households below 120% AMI. .

Project location: Santa Fe
County: Santa Fe
Fiscal agent: Santa Fe

Total amount requested this legislative session: $14,000,000
Funded to date/secured: $3,600,000
Total project cost: $17,600,000
Other funding for this project: Trunk infrastructure for TC Phase 3 is expected to cost $28M. Homewise, the master developer, is actively seeking the other $14M from a variety of other sources, including the federal government and private philanthropy.

Capital appropriations have been made for this project in previous years.
Total project cost estimated by qualified professional(s).
Easements, rights of way, land and property have been acquired.
Request will fully fund a phase of the project
State funds will be used to match federal funds.
LEDA Project

Planning Phase: Planning and design complete
Project start date: 7/1/25 – 6/30/26 (FY 26)

Project Contact: Kelly O'Donnell
Title: Chief Research and Policy Officer
Phone: 5056595702
Email: kodonnell@homewise.org

ICIP ID:

57TH LEGISLATURE - FIRST SESSION - 2025