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Santa Fe voted overwhelmingly for a new tax on homes sold for more than $1 million. The new 3% tax will fund affordable housing construction and maintenance. The vote indicates strong support for so-called "mansion taxes" across the country. Several other major cities and states have proposed or recently passed mansion taxes, or some other tax increase to fund affordable housing. Seattle voted on Tuesday to triple its property tax that funds affordable housing and aids low-income tenants.
Persons: , who've, Alan Webber, We've, It's Organizations: Santa Fe, Service, Fe, Fe's Democratic, ABC News, Seattle, Solutions, New York State, Voters Locations: Santa, New Mexico, Fe, Los Angeles, Chicago, New York City, Cincinnati , Ohio
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