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.
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:
$3 million investment will target low- to moderate-income borrowers and promote more inclusive communities of opportunity
TOLEDO, Ohio, September 2, 2021 /3BL Media/– KeyBank, NeighborWorks Toledo Region and The Fair Housing Center are partnering to make financing single-family homes easier and more affordable for low- to moderate-income individuals and families throughout the city of Toledo.
CLEVELAND, August 9, 2021 /3BL Media/— KeyBank Community Development Lending and Investment (CDLI) has appointed Anna Belanger as a senior relationship manager to expand community development lending and investment activity in the Northeast and MidAtlantic markets. The move comes as KeyBank continues its commitment to affordable housing across the country, with a focus on expanding its CDLI equity platform on a national basis. Anna is based in Boston and will report to Victoria O’Brien, head of equity originations.
CLEVELAND, July 27, 2021 /3BLMedia/ – The KeyBank Foundation is making a $1.5 million donation to the Greater Cleveland Food Bank (GCFB) to help in its mission to bridge the meal gap and connect individuals with nutritious food and related services. Funding will go toward the GCFB’s expansion project, which includes construction of a new facility on Coit Road in Collinwood.