SANTA FE, N.M. (KRQE) – A new low-income housing development is coming to Santa Fe next spring. This comes after the city council approved the donation of a city-owned lot, during Wednesday’s meeting.

Right now, it is just weeds in the empty lot but in a couple of months, five families will get to call this place home. Habitat for Humanity will be building one-story homes, with two and three bedrooms. In 30-60 days the Habitat for Humanity committee will announce the families who will get a brand new house. Officials say the houses will cost about $225,000 to build and monthly payments for residents will be between $600 – $800.

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“We’re more than excited, we’re ready to go basically the next step is to sign the final agreement and get the process going,” said Kurt Krahn, executive director of Santa Fe Habitat for Humanity.

Alexandra Ladd, the director of the office of Affordable Housing, said the lot located near Alto Street and North Saint Francis Drive has been empty for years. The city looked at five different applications and out of all of them, they felt Habitat for Humanity was the right fit for this project. “They were all really impressive, they were all innovative. They all had some really great ideas attached to them but we liked this one the best,” said Ladd.

The groundbreaking for the new homes will be held next Spring. The city says this is the first of many properties that the city will be using to build low-income housing in the city.