Arlington, VA (October 1, 2025) Rochdale Capital is proud to announce its $500,000 participation in a $1,000,000 loan in partnership with Shared Capital Cooperative to support La Montañita Food Cooperative, a consumer-owned organic food co-op operating four retail stores, a distribution center, and a support office in New Mexico.
The financing will support La Montañita’s relocation of its Rio Grande store in Albuquerque to Avanyu Plaza, a vibrant new development on tribal land across from the Indian Pueblo Cultural Center. The move is designed to expand access to healthy food while creating new economic opportunities for the community.
Nearly 30% of New Mexicans live in areas with limited access to affordable, nutritious food. This investment helps address those disparities by strengthening a local, mission-driven business committed to food justice and community health.
“This project reflects the kind of community-centered development Rochdale Capital was created to support,” said Kladé Hare Nersasian, Chief Lending Officer at Rochdale Capital. “By investing in La Montañita, we’re expanding access to healthy food and helping foster economic resilience and shared prosperity.”
Rochdale Capital and Shared Capital Cooperative’s investment in La Montañita exemplifies how cooperative financing can empower communities, support local economies, and promote equitable development.
