In this news roundup, we’re sharing a few recent reports, articles, and press releases of interest.
On April 25, Homewise published a report about how the housing crisis is contributing to climate change in Santa Fe.
The report found that nearly two in five Santa Fe jobs were held by people who don’t live in Santa Fe County and 78 percent of workers who commute into the city travel alone by car.
In late April, Homewise purchased 22 acres of vacant land in South Meadows and the Santa Fe Reporter covered the story.
“The nonprofit organization wants to build a 161-unit housing complex on the property, along with a 6-acre park.”
Homewise CEO Mike Loftin recently applauded President Biden’s executive actions to increase the housing supply and challenged the Administration to do more.
Loftin said, “While today’s actions are a good start, the Administration and Congress should do more to help families that have been historically left behind by the current homebuyer system purchase homes. We need to fundamentally reimagine our homebuying delivery system, from providing more down payment assistance, affordable mortgage financing, real estate sales services, and homebuyer preparation services. That’s how we’ll start to make real progress on another major priority of the Biden Administration –– closing the racial wealth gap. Homeownership is a key wealth driver, but we simply must do more to help people buy affordable homes.”
We’re moving into the commercial phase of El Camino Crossing—and on May 19 we announced two restaurants and a local coworking space expansion are coming soon.
“Santa Fe has a legacy of walkable, bikeable neighborhoods on the east side. El Camino Crossing brings this way of living — where you can live, work, and play all without needing to get in a car — to the Siler Rufina neighborhood,” said Johanna Gilligan, Director of Community Development at Homewise. “In addition, our leases offer our commercial tenants first right of refusal to purchase their spaces — a potential game changer for local entrepreneurs.”