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KeyBank Continues To Expand Its Community Development Lending and Investment Team

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KeyBank Community Development Lending and Investment (CDLI) announces two strategic appointments to strengthen its team. Eileen Tran joins as a LIHTC equity originator for the West region, bringing 14 years of affordable housing experience from Wells Fargo. Joseph Jones joins as Tax Credit Syndications fund manager, with over 14 years of experience from Enterprise Community Partners. Both appointments support KeyBank's commitment to expanding affordable housing nationwide. KeyBank has approximately $190 billion in assets and maintains an outstanding record with 11 consecutive 'Outstanding' Community Reinvestment Act ratings.

KeyBank Community Development Lending and Investment (CDLI) annuncia due nomine strategiche per rafforzare il suo team. Eileen Tran si unisce come originatore di capitale LIHTC per la regione occidentale, portando con sé 14 anni di esperienza nel settore dell'abitazione abitabile da Wells Fargo. Joseph Jones si unisce come gestore di fondi per le sindacazioni dei crediti d'imposta, con oltre 14 anni di esperienza presso Enterprise Community Partners. Entrambe le nomine supportano l'impegno di KeyBank per l'espansione dell'abitazione abitabile a livello nazionale. KeyBank gestisce circa 190 miliardi di dollari in attivi e mantiene un eccezionale record con 11 valutazioni consecutive di 'Eccellente' per la legge sulla reinvestimento comunitario.

KeyBank Community Development Lending and Investment (CDLI) anuncia dos nombramientos estratégicos para fortalecer su equipo. Eileen Tran se une como originadora de capital LIHTC para la región oeste, aportando 14 años de experiencia en vivienda asequible de Wells Fargo. Joseph Jones se une como gerente de fondos de sindicaciones de créditos fiscales, con más de 14 años de experiencia en Enterprise Community Partners. Ambos nombramientos respaldan el compromiso de KeyBank de expandir la vivienda asequible a nivel nacional. KeyBank cuenta con aproximadamente $190 mil millones en activos y mantiene un excepcional récord con 11 calificaciones consecutivas de 'Sobresaliente' bajo la Ley de Reinversión Comunitaria.

KeyBank 커뮤니티 개발 대출 및 투자 (CDLI)는 팀을 강화하기 위해 두 가지 전략적 임명을 발표합니다. 이린 트란은 서부 지역의 LIHTC 자본 원천으로 합류하며, 웰스파고에서 14년 간의 저렴한 주택 경험을 가지고 있습니다. 조셉 존스는 세금 크레딧 신디케이션 펀드 관리자로 합류하며, 엔터프라이즈 커뮤니티 파트너스에서 14년 이상의 경험을 보유하고 있습니다. 두 임명은 KeyBank의 전국적으로 저렴한 주택을 확장하겠다는 의지를 지원합니다. KeyBank는 약 1,900억 달러의 자산을 보유하고 있으며, '우수' 커뮤니티 재투자법 평가를 11회 연속으로 기록하고 있습니다.

KeyBank Community Development Lending and Investment (CDLI) annonce deux nominations stratégiques pour renforcer son équipe. Eileen Tran rejoint en tant qu'originatrice de capital LIHTC pour la région Ouest, apportant 14 ans d'expérience dans le logement abordable de Wells Fargo. Joseph Jones se joint en tant que gestionnaire de fonds pour les syndications de crédits d'impôt, avec plus de 14 ans d'expérience chez Enterprise Community Partners. Ces deux nominations soutiennent l'engagement de KeyBank à étendre le logement abordable à l'échelle nationale. KeyBank gère environ 190 milliards de dollars d'actifs et maintient un excellent dossier avec 11 évaluations consécutives de 'Remarquable' selon la loi sur la réinvestissement communautaire.

KeyBank Community Development Lending and Investment (CDLI) gibt zwei strategische Ernennungen bekannt, um sein Team zu stärken. Eileen Tran tritt als LIHTC-Eigenkapitalgeberin für die Westregion bei und bringt 14 Jahre Erfahrung im Bereich bezahlbarer Wohnraum von Wells Fargo mit. Joseph Jones wird als Fondsmanager für Steuergutschrift-Syndikate tätig, mit über 14 Jahren Erfahrung bei Enterprise Community Partners. Beide Ernennungen unterstützen das Engagement von KeyBank, bezahlbaren Wohnraum landesweit auszubauen. KeyBank verwaltet etwa 190 Milliarden Dollar an Vermögenswerten und hält einen herausragenden Rekord mit 11 aufeinanderfolgenden 'Hervorragend'-Bewertungen nach dem Community Reinvestment Act.

Positive
  • Strong financial position with $190 billion in assets
  • 11 consecutive 'Outstanding' ratings on Community Reinvestment Act exam
  • Nationwide presence across all 50 states in community development lending
Negative
  • None.

CLEVELAND, OH / ACCESSWIRE / November 13, 2024 / KeyBank Community Development Lending and Investment (CDLI) expands its team with appointments of fund and equity relationship managers in the West and Midwest regions. The new additions include:

Eileen Tran joined as a low-income housing tax credit (LIHTC) equity originator focused on expanding equity originations in the West region. She is based in Denver, Colorado, and reports to Stacie Nekus, Head of KeyBank Community Development and Lending and Investment (CDLI) Equity Growth Initiative. Tran brings nearly 14 years of experience focused on the affordable housing industry to KeyBank. Previously, Tran was an executive director and senior lead in affordable housing at Wells Fargo, where she oversaw the modeling, underwriting, negotiating and closing of low-income housing tax credit (LIHTC) transactions. Tran earned her MBA at Indiana University and a B.B.A degree from the University of Louisville.

Joseph Jones joined as a Tax Credit Syndications fund manager responsible for structuring, managing, modeling, reporting, and providing management accounting for all types of a limited partnership's tax credit investments and related entities. He is based in Richmond, Virginia. Jones reports to Christina Knuckles, Head of Equity Fund Management and Equity Acquisitions KeyBank CDLI. Joseph brings more than 14 years of affordable housing real estate experience to KeyBank. Previously, he was a senior director at Enterprise Community Partners where he was responsible for all aspects of structuring, marketing, offering and closing national multi-investor LIHTC funds. Joseph earned his MBA from Radford University and a B.S. from Virginia Tech.

"I am thrilled to welcome Eileen and Joseph to the team, where their expertise will continue to help us build our CDLI platform," said Nekus. "KeyBank is committed to expanding affordable housing across the country and creating positive change in underserved communities."

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 11 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 $190 billion at September 30, 2024. 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 1,000 branches and approximately 1,200 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 Member FDIC.

CONTACT:
Laura Mimura
216.471.2883
laura.mimura@key.com

KEY MEDIA NEWSROOM:
www.Key.com/newsroom

View additional multimedia and more ESG storytelling from KeyBank on 3blmedia.com.

Contact Info:
Spokesperson: KeyBank
Website: https://www.3blmedia.com/profiles/keybank
Email: info@3blmedia.com

SOURCE: KeyBank



View the original press release on accesswire.com

FAQ

What new appointments did KeyBank (KEY) announce in November 2024?

KeyBank announced the appointments of Eileen Tran as LIHTC equity originator for the West region and Joseph Jones as Tax Credit Syndications fund manager.

How many consecutive 'Outstanding' CRA ratings does KeyBank (KEY) have?

KeyBank has earned 11 consecutive 'Outstanding' ratings on the Community Reinvestment Act exam from the Office of the Comptroller of the Currency.

What is KeyBank's (KEY) total asset value as of September 2024?

KeyBank reported assets of approximately $190 billion as of September 30, 2024.

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