Belen Vista
Overview
Size |
$8.2 Million Construction Loan |
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Summary
Key Community Development Lending & Investment provided $8.2 million in financing for the rehabilitation of Belen Vista, an existing 56-unit affordable housing building in Belen, New Mexico. All 56 units serve families and individuals earning no more than 30 - 60% of area median income. Supportive services are offered to residents and include health and nutrition education, health screening, computer training, job training, and a summer food program. The financing includes a construction loan. We want to thank the Chelsea Investment Corporation for their commitment to preserving much needed affordable housing in New Mexico.
Banking products and services are offered by KeyBank National Association. All credit products are subject to collateral and/or credit approval, terms, conditions, and availability and subject to change.