KeyBank Named #2 Affordable Housing Lender in U.S.

KeyBank has been named the #2 affordable housing lender for 2021 in Affordable Housing Finance magazine's annual rankings. Making investments in housing for urban and rural communities across the country remains a priority for KeyBank. The pandemic and the resulting economic downturn have underscored the nation’s affordability crisis and the need for safe and affordable housing across communities.

KeyBank Community Development Lending and Investment (CDLI) provides capital for projects that stabilize and revitalize communities. As one of the top affordable housing lenders in the country, Key’s CDLI platform brings together balance sheet, equity, and permanent loan offerings. In 2021, KeyBank invested $5.1 billion in community development and affordable housing projects nationwide. Since 2017, Key has deployed more than $17.2 billion in aggregate CDLI commitments.

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