An example of a CHFA Multifamily Lending Rural project.

The Iron Horse
The Iron Horse

CHFA Customer
Alamosa, Colorado
Pictured: Rendering of The Iron Horse, courtesy of CSHQA, Inc.

The Iron Horse, Alamosa


New construction of 41 family units

Who the Project Serves

Families with incomes between 30 percent to 50 percent of Area Median Income.

Community Impact

The Iron Horse provides 40 affordable units and one manager unit to serve very-low-income households. Project amenities include a clubhouse with fitness center, computer room, laundry room, community garden, picnic area, and playground. The owner plans to hold two tailored resident events per year through partnerships with several local food and health providers. The property is located across the street from the high school.

Project Partners

  • Northwest Real Estate Capital Corporation

How We Got the Deal Done

Pair with These CHFA Programs

CMF and CHFA HOF are flexible funding sources that can be structured as senior or subordinate debt or paired with other programs to leverage more overall debt to a project.

Contact Multifamily Lending

Questions? Our solution-oriented team will help you find the right program to make your project a success. 800.877.2432