Virtual Booth: KeyBank Real Estate Capital
KeyBank Community Development Lending and Investment (CDLI) finances projects that stabilize and revitalize communities across all 50 states. As one of the top affordable housing lenders in the country, KeyBank’s platform brings together construction, acquisition, bridge-to-re-syndication, and preservation loans, as well as lines of credit, Agency and HUD permanent mortgage executions, and equity investments for low-income housing projects, especially Low Income Housing Tax Credit (LIHTC) financing. KeyBank has earned nine consecutive “Outstanding” ratings on the Community Reinvestment Act exam, from the Office of the Comptroller of the Currency, making it the first U.S. national bank among the 25 largest to do so since the Act’s passage in 1977.
As the demand for affordable housing continues to outpace supply, it is our mission help to create more new affordable housing options while preserving those communities that already exist. While there is no single solution that can address the growing need for more affordable housing, KeyBank is working with clients and industry leaders to help create innovative and flexible solutions.
KeyBank launched a five-year, $16.5 billion Community Benefits Plan in 2017, aimed at driving investment for low- to moderate-income individuals, families, and communities through community development and affordable housing, mortgage and small business lending, and transformative philanthropy. Since inception, $12 billion has been committed, and KeyBank’s CDLI platform has been a critical component to the plan’s success, investing a total of $8.5 billion in community development projects, including those providing affordable housing, revitalizing and stabilizing neighborhoods, and supporting vital community service initiatives.
Connect with one of our bankers todays to discuss your affordable project needs.
Company Representative
Hector Zuniga
Vice President, Senior Relationship Manager
Austin, TX 78704
P: (512) 660-9401
www.key.com/CDLI
Read Hector's Bio Here
Hector was recently elected to the Texas Affiliation of Affordable Housing Board of Directors.
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