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KeyBank Continues Community Development Lending and Investment Expansion in the Northeast With the Appointment of Franz Hewitt

Press Release

Cleveland October 14, 2021 /3BL Media/ - KeyBank Community Development Lending and Investment (CDLI) has appointed Franz Hewitt as a relationship manager to expand its community development lending and investment activity in the Northeast. He will be focused on CDLI’s affordable housing lending efforts in the New York metro market. The move comes as KeyBank continues its commitment to affordable housing across the country, with a focus on expanding its CDLI platform. Franz is based in New York City, and reports to Kyle Kolesar, CDLI eastern region manager.

Chiwuike Owunwanne Joins KeyBank As Corporate Responsibility Officer and Community Relations Manager for Buffalo and Rochester

Article

KeyBank announced that Chiwuike "Chi-Chi" Owunwanne has been named Corporate Responsibility Officer and Community Relations Manager for its Buffalo and Rochester markets. Owunwanne takes over for Kawanza Humphrey who recently left KeyBank to pursue an opportunity out of state.

$750,000 Investment From KeyBank to Create New Program at Case Western Reserve University to Address Issues Involving Diversity, the Digital Workforce and More Equitable Neighborhoods

Article

KeyBank is investing $750,000 to create a new program at Case Western Reserve University (CWRU) that will help address issues on diversity, the digital workforce and more equitable neighborhoods. This transformative grant is part of KeyBank’s $40 billion National Community Benefits Plan and is symbolic of the bank’s longstanding commitment to diversity, equity and inclusion.

The KeyBank Partnership for Equity through Education and Community Impact at CWRU program will help to address issues on diversity, the digital workforce, and more equitable neighborhoods. 

Finalists Named for Key4women and SCORE Women-Owned Business Pitch Contest

Article

Key4Women and SCORE Cleveland announced 10 finalists have been selected to compete in a business pitch contest for women-owned businesses (WOBs) located in Northeast Ohio.

Selected from a pool of 243 applicants and judged by a panel of SCORE representatives, the finalists will compete in one of two categories, start-up business or existing business, with cash awards totaling $22,000. The grand prize winner will earn $10,000. Finalists include:

KeyBank Teammates Bring Home Repairs and Hope to a Buffalo Homeowner

Blog

In July 2021, KeyBank, in partnership with the First Niagara Foundation, joined with Eight Days of Hope (EDOH) to provide free home repairs on approximately 150 homes in the Masten District in Buffalo, NY.

KeyBank Provides $16.3 Million of Capital For Affordable Multifamly Housing to Serve LGBTQ Youth in New York City

Press Release

CLEVELAND, September 22, 2021 /3BL Media/ – KeyBank Community Development Lending and Investment (CDLI) has provided $16.3 million dollars for the development of Homeward – Central Harlem in New York City. The property will exclusively serve unhoused youth between the ages of 18 and 25, a vulnerable underserved demographic in New York City, in an LGBTQ-affirming community. The site is located at 15 West 118th Street and will consist of 51 units, of which 50 will be covered by New York City’s 15/15 Rental Assistance Program, in addition to one manager unit.

USS Cleveland Legacy Foundation and KeyBank Mark Dedication and Unveiling of the Lone Sailor Statue Along Cleveland's Waterfront

Article

The USS Cleveland Legacy Foundation and KeyBank marked the unveiling of the Lone Sailor Statue in Cleveland.

A dedication ceremony took place Friday September 10, 2021 at the Great Lakes Science Center where the statue is now on display.

KeyBank Donates More Than 23 Tons of Used Office Furniture to Cleveland Non-Profits

Article

In keeping with its mission to promote sustainability while supporting clients and helping the communities it serves thrive, KeyBank donated used surplus office furniture with a replacement value of approximately $330,000 to several non-profit organizations in Cleveland including:

KeyBank Provides $28.1 Million for Two Affordable Housing Communities in Clayton County GA.

Press Release

CLEVELAND, September 7, 2021 /3BL Media/ –KeyBank Real Estate Capital secured $28.1 million of fixed-rate Fannie Mae financing  for the construction on Villas at Mt. Zion and Flats at Mt. Zion in Clayton County, Georgia.  These developments are a joint venture partnership between Zimmerman Properties and TriStar, LLC; and was formed to build and operate affordable housing communities offering innovative wraparound services focusing on the education, social and emotional wellbeing of its residents.

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