Ventana Fund
Ventana Fund is a New Mexico-based non-profit CDFI that provides low-interest construction and rehabilitation loans to affordable housing developers serving low-income residents (under 80% AMI) across the state.
- Company typePrivate
- Founded2014
- HeadquartersAlbuquerque, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Ventana Fund does
Ventana Fund is a non-profit Community Development Financial Institution (CDFI) headquartered in Albuquerque, New Mexico, founded in 2014. The organization is dedicated to financing the creation and preservation of affordable multi-family housing in New Mexico by providing low-interest loans to developers serving low-income residents earning less than 80% of area median income and to high-need communities underserved by traditional financial institutions. It explicitly targets hard-to-finance projects such as older rental properties requiring rehabilitation.
Ventana Fund operates two core loan products: a Construction Loan for pre-development and construction financing, and a Threshold Loan for the acquisition and rehabilitation of small apartment communities. Loan applications are reviewed by a loan committee that meets monthly, and the organization distributes capital through a direct-lending model — sales-led, with no technology platform layer beyond its informational website (ventanafund.org). Pricing and terms are customized per project and not publicly disclosed; the organization positions itself as offering more flexible rates and faster processing than traditional lenders.
The business model generates revenue through loan interest income on its construction and acquisition/rehabilitation loans. As a CDFI, Ventana Fund supplements its capital base through federal financial assistance (including a $2.6M CDFI Fund award in April 2023) and is subject to non-discrimination compliance under the Civil Rights Act and Section 504 of the Rehabilitation Act. The organization maintains a small staff (1-10 employees) and serves a narrow geographic footprint confined to New Mexico, with no disclosed expansion plans beyond the state.
Ventana Fund firmographics
Firmographics- Name
- Ventana Fund
- Legal name
- Ventana Fund
- Website
- https://ventanafund.org
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Ventana Fund is a New Mexico-based non-profit CDFI that provides low-interest construction and rehabilitation loans to affordable housing developers serving low-income residents (under 80% AMI) across the state.
- Ownership category
- akta.pro rank
Ventana Fund industry classification
Industry- Product category
- Affordable Housing Finance
- SIC
- Mortgage Bankers & Loan Correspondents (6162), Federal & Federally-Sponsored Credit Agencies (6111)
- akta.pro primary industry
- Affordable Rental & Multifamily Housing Finance Programs (LIHTC/Tax Credits/Subsidized Loans) (FSALAKAF)
- akta.pro secondary industry
- SBA/Government-Backed & Development Finance Loans (FSAKAGAI)
Keywords
Where Ventana Fund is headquartered
LocationHeadquarters
- HQ city
- Albuquerque
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Ventana Fund business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations
Revenue model
- Loan Interest Income: Ventana Fund generates revenue by providing low-interest loans to affordable housing developers. The organization offers construction loans and threshold loans for pre-development, construction, and acquisition/rehabilitation of multi-family affordable housing properties in New Mexico.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom loan pricing based on project requirements |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Ventana Fund product offering
Product offeringCore offering
Ventana Fund is a non-profit Community Development Financial Institution (CDFI) that provides low-interest loans to affordable housing developers in New Mexico. It offers a Construction Loan for pre-development and construction financing and a Threshold Loan for the acquisition and rehabilitation of small apartment communities serving low-income residents (under 80% area median income).
Product overview
Ventana Fund offers two core loan products for affordable housing development in New Mexico: the Construction Loan for early-stage pre-development and construction financing, and the Threshold Loan for acquisition and rehabilitation of existing small apartment communities. Both products serve low-income populations earning less than 80 percent area median income and target hard-to-finance projects in underserved communities.
Differentiator
Problem solved
Functional benefit
Products and services
- Construction Loan
Quantifiable outcome
- Ventana Fund has facilitated financing for affordable housing developments including YES Housing's Calle Cuarta project (60+ units) and West Mesa Ridge project (128 units) in Albuquerque
Companies that use Ventana Fund
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles1 record
Ventana Fund technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Ventana Fund partnerships and signals
Strategic signalScale indicators1 record
Recent moves5 records
Expansion highlights4 records
Ventana Fund competitors and assessment
Company assessmentRegional players
- Fahe: Network of CDFIs serving underserved rural and small-metro markets with affordable housing and community development financing. Comparable 'non-bank, mission-driven, regional CDFI' model to Ventana Fund, although Fahe's territory is Appalachia rather than NM.
Broad incumbents
- National Housing Trust: National nonprofit that both develops and finances affordable and workforce rental housing, including acquisition and rehabilitation of older properties. Overlaps with Ventana Fund's Threshold Loan product line and focus on preservation of existing affordable units.
- Enterprise Community Partners: Major national nonprofit with a CDFI lending arm that finances affordable and workforce housing development. Comparable product set (predevelopment, construction, acquisition loans) targeting similar developers, but materially larger balance sheet and geographic footprint.
- Local Initiatives Support Corporation (LISC): National non-profit CDFI that finances affordable housing and community development through loans, equity, and grants. Comparable to Ventana Fund in CDFI model, loan-committee underwriting, and affordable multifamily focus, but operates nationally with much larger scale.
- Capital Impact Partners: National CDFI lender providing flexible capital for affordable housing and community development projects. Comparable loan products (predevelopment, construction, permanent) and similar mission-driven underwriting of subbankable deals.
Direct peers
- Low Income Investment Fund (LIIF): Non-profit CDFI that provides financing for affordable housing and community development, including predevelopment and acquisition/rehabilitation loans. Mirrors Ventana Fund's two-product structure (predevelopment + rehabilitation) and affordable rental focus.
- Center for Community Development Investments (Merritt Community Capital): Non-profit CDFI focused exclusively on affordable rental housing finance through construction and predevelopment loans. Directly comparable two-product (construction + permanent) approach targeting affordable multifamily developers.
- Community Reinvestment Fund (CRF): National CDFI providing loan capital and technical assistance to community development projects, with focus on financing in underserved markets. Similar mission, direct-lending distribution model, and emphasis on deals bypassed by mainstream banks.
- New Mexico Mortgage Finance Authority: New Mexico's state housing finance agency that finances affordable rental housing and provides down-payment/loan products to in-state borrowers. Directly comparable to Ventana Fund in geographic focus (NM-only) and mission (affordable multifamily lending).
Others
- Dwellsy / National Low Income Housing Coalition: Non-profit policy and advocacy organization supporting increased supply of affordable housing for low-income households. Not a direct lender but operates in the same ecosystem that drives demand for Ventana Fund's loan products and federal CDFI policy support.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Ventana Fund financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ventana Fund leadership team
Management profileNumber of profiles
Ventana Fund funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ventana Fund M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ventana Fund
What does Ventana Fund do?
Ventana Fund is a non-profit Community Development Financial Institution (CDFI) that provides low-interest loans to affordable housing developers in New Mexico. It offers a Construction Loan for pre-development and construction financing and a Threshold Loan for the acquisition and rehabilitation of small apartment communities serving low-income residents (under 80% area median income).
Is Ventana Fund a public or private company?
Ventana Fund is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Ventana Fund founded?
Ventana Fund was founded in 2014. It employs 1 to 10 people.
Where is Ventana Fund based?
Ventana Fund is headquartered in Albuquerque, United States, in the North America region.
How does Ventana Fund make money?
One revenue line is on record: loan Interest Income.
Who are Ventana Fund's main competitors?
Fahe is listed as a regional player. Broad incumbents are National Housing Trust, Enterprise Community Partners, Local Initiatives Support Corporation (LISC) and Capital Impact Partners. Direct peers are Low Income Investment Fund (LIIF), Center for Community Development Investments (Merritt Community Capital), Community Reinvestment Fund (CRF) and New Mexico Mortgage Finance Authority. Dwellsy / National Low Income Housing Coalition is listed as an others.
Does Ventana Fund have an API?
No public API is recorded for Ventana Fund.
What industry is Ventana Fund in?
Ventana Fund's product category is Affordable Housing Finance. Its primary akta.pro industry code is FSALAKAF, Affordable Rental & Multifamily Housing Finance Programs (LIHTC/Tax Credits/Subsidized Loans), with a secondary code of FSAKAGAI, SBA/Government-Backed & Development Finance Loans. Its SIC code is 6162.