SOURCE: KeyBank
DESCRIPTION:
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.
“Anna has more than a decade experience in Low Income Housing Tax Credit (LIHTC) investment syndications,” said O’Brien. “KeyBank is one of the few banks in the country with a fully integrated platform that brings together balance sheet, equity and permanent loan products, and as we continue to expand across the U.S., her deep expertise and industry relationships will be instrumental in helping us achieving our goals.”
Prior to joining Key, Anna worked for two of the largest national LIHTC syndicators and managed the underwriting and closing of more than $300 million of LIHTC equity investment in affordable housing projects.
She earned her Bachelor of Arts in Actuarial Science from The University of Connecticut.
About KeyBank Community Development Lending and Investment
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 capital providers 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.
About KeyCorp
KeyCorp's roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $181.1 billion at June 30, 2021. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,100 branches and more than 1,400 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.
KEYWORDS: keybank, NYSE: KEY, KeyBank Community Development Lending and Investment
