Belen Vista

Overview

Size $8.2 Million
Construction Loan

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.

KBREC page disclosure

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.

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

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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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