Loan Amount: $3,400,000
Developer: Santa Fe Civic Housing Authority
The Villa Consuelo Apartments is a 100-unit affordable senior housing development for residents aged 62 and older, with all units restricted to incomes not exceeding 60% of AMI, featuring acquisition and rehabilitation of one- to four-bedroom units in a single building. The property aims to serve low-income elderly individuals with 100% Section 8 HAP subsidy. Amenities include a community building, laundry facilities, and outdoor areas.