Project Name: La Cieneguita
Location: City of Santa Fe, Southwest Sector
Type: Single Family, Land Trust
Unit Count: 88
Description: La Cieneguita is a 31-acre subdivision off Agua Fria Street in Santa Fe. Low cost second mortgages, foundation grants and 99-year ground leases were used to lower housing costs and assure long-term affordability. The effective sales prices ranged from $55,000 to $110,000.