Hudson Heights

Overview

Size $53.3 Million
Letter of Credit & Federal and State LIHTC Equity

Summary

KeyBank Community Development Lending & Investment provided $53.3 million in capital for the new construction of Hudson Heights, a 120-unit affordable housing project in Mechanicville, New York. One-hundred-eight units will serve families and individuals earning no more than 30% – 60% of the area median income (AMI). Twelve units will be held with preference for veterans with special needs. The Veterans and Community Housing Coalition (VCHC) will provide referrals and supportive services to these residents. The property will feature amenities including a community room, courtyard, playground, and fitness center. We want to thank Vesta Corporation for its sponsorship and shared mission to build much-needed affordable housing in New York.

Recent Deals

October 2025

lightshiftenergy

$75 Million

Senior Secured Credit Facilities

Coordinating Lead Arranger
Depositary Agent
Collateral Agent
Administrative Agent

lightshift-energy
October 2025

warhorse

$300 Million

Senior Secured Credit Facilities

Joint Lead Arranger
Joint Bookrunner
Syndication Agent

warhorse-gaming
October 2025

avance

acquired

barchemy

Exclusive Buy-Side Advisor

avance-investment-management
September 2025

the heights

The Heights

$71.2 Million

Constuction Loan, LIHTC Equity, Permanent Loan & Public Sale of Bonds

the-heights

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