For Heather Dirk at U.S. Bank, housing affordability — whether it’s a person’s first time purchasing a home or looking for a new home for a growing family — is always top of mind.
Though it has been around for more than two decades, the New Markets Tax Credit (NMTC) program is integral to the rebuilding efforts. It’s designed to incentivize the private sector to invest in low-income communities.
As an emerging developer in the affordable housing industry, KG Development Group needed help conceptualizing, organizing and applying for funding sources to close its deals.
As a provider of consumer-facing financial services, our members entrust us with their data and financial futures, obligations we take seriously. Oportun invests in our systems and people in order to help ensure the integrity of our members’ data.
A $500,000 investment from KeyBank through the CenterState CEO Foundation will help CenterState CEO expand business coaching and technical assistance programs for Black, Indigenous and other People of Color (BIPOC), women- and veteran-owned firms in Central New York.
KeyBank Community Development Lending and Investment (CDLI) invested $10.2 million of 4% Federal LIHTC Equity and provided a $7.9 million construction loan to finance the development of Henrietta Homes. The development will consist of 40 lease-to-purchase (LTP) affordable homes.
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In states where Key has a presence, there are approximately 1.7 million low- to moderate-income (LMI) households. Many LMI individuals don’t have bank...
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