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KeyBank Community Development Lending and Investment (CDLI) provided $17.1 million in Low Income Housing Tax Credit (LIHTC) equity and a $24.1 million permanent loan through the Fannie Mae forward MBS Tax-Exempt Bond (MTEB) program.
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KeyBank Community Development Lending and Investment (CDLI) and KeyBanc Capital Markets provided $71.8 million construction and permanent 501(c)(3) bond financing utilizing a combination of direct bank debt and Fannie Mae M.TEBs for Greenfield Commons Phase 1.
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Wells Fargo & Company (NYSE: WFC) and the T.D. Jakes Group, which includes T.D. Jakes Real Estate Ventures, LLC (TDJREV), TDJ Enterprises (TDJE) and T.D. Jakes Foundation (TDJF), today announced a strategic partnership to drive economic vitality and inclusivity in communities across America. Over the next 10 years, the partnership between these organizations could result in up to $1 billion in capital and financing from Wells Fargo, as well as grants from the Wells Fargo Foundation, with the
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Caliber Home Loans, Inc. (“Caliber”), a national mortgage lending and servicing organization; part of the Newrez Family of Companies, is proud to announce that Bryan Bergjans, SVP, National Director Military & Retail Production, has been named to the 2023 Employee Veteran Leadership Awards (EVLA) list by Military Friendly®. The EVLA list recognizes veterans who have made significant contributions to their organizations and communities through their leadership, dedication, and commitment to e
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HELP ONE Buildings A & B will provide housing solutions for those faced with chronic homelessness in Brooklyn, N.Y.
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Homespire Mortgage announced its support for World Central Kitchen (WCK) through the success of a new health and wellness campaign, Homespire MOVE.
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The four-day, in-person event features more than 800 speakers, including government officials, Oscar winners, philanthropists, investors, and more
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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.
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National nonprofit assists thousands of homeowners unable to make mortgage payments and uncertain about forbearance protections
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Union Home Mortgage (UHM) received The Medical Mutual Pillar Award for Community Service at a virtual awards ceremony Dec. 3. The Medical Mutual Pillar Award for Community Service, presented by Smart Business, honors businesses of all types and sizes that make outstanding contributions to their communities. UHM was one of 10 recipients in Northeast Ohio. Union Home Mortgage was honored for the work of the Union Home Mortgage Foundation, established in 2015 as the charitable arm of the company. T
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Industry veteran brings experience in rental, homeownership, policy
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KeyBank announced today arranging $28.4 million in a Fannie Mae affordable housing preservation refinance loan for Commonwealth Multifamily Housing Corporation (“Commonwealth”) for the benefit of White Rock Apartment Homes, a multifamily, 336-unit mixed-income property in San Antonio, TX. The refinance replaces two series of tax exempt bonds issued by the Texas State Affordable Housing Corporation more than 17 years ago to develop and construct the property and provides over $2 million in capital
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KeyBank Real Estate Capital arranged a $3.9 million Fannie Mae, 9% Low-Income Housing Tax Credit (LIHTC) forward commitment permanent loan for Four Corners Development to finance the new construction of Council Trails Apartments. Council Trails Apartments is a 72-unit affordable housing property in Oklahoma City, OK comprised of four, three-story residential buildings. The Oklahoma Housing Finance Agency (OHFA) provided the 9% LIHTC equity allocation.
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KeyBank Real Estate Capital (KBREC) and KeyBank Community Development Lending & Investment (CDLI) have provided a first-of-its-kind Fannie Mae Healthy Housing Rewards Enhanced Resident Services loan to Omni New York LLC for the acquisition and rehabilitation of two affordable housing properties in Newark, NJ.
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KeyBank’s Community Development Lending & Investment (CDLI) team has provided a total of $49.7 million in financing to a joint venture among Koelbel and Company, Mile High Development and Longs Peak Advisors to support the new construction of Eaton Street Apartments, a 118-unit affordable housing development in Westminster, CO. Specifically, KeyBank provided a $24.8 million construction loan, a $14.1 million LIHTC equity investment and a $10.8 million Fannie Mae permanent loan. Jefferson Coun
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KeyBank Community Development Lending & Investment (CDLI) has provided a total of $23.7 million in Fannie Mae financing to Harmony Housing, a 501(c)(3) nonprofit organization dedicated to providing safe, clean and comfortable affordable housing throughout the United States, for the acquisition of two affordable housing properties in Texas.
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Feb 6, 2018 12:00 PM ET - KeyBank Real Estate Capital has provided a total of $14.9 million in Fannie Mae financing to Harmony Housing, a 501(c)(3) nonprofit organization dedicated to providing safe, clean and comfortable affordable housing throughout the United States, for...
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KeyBank Real Estate Capital has provided a total of $14.9 million in Fannie Mae financing to Harmony Housing, a 501(c)(3) nonprofit organization dedicated to providing safe, clean and comfortable affordable housing throughout the United States, for the acquisition of three affordable housing properties in North Carolina, Texas and Wisconsin.
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KeyBank Community Development Lending & Investment (CDLI) has provided a $4.4 million Fannie Mae loan to Mt. Vernon Associates, LP, to renovate Greencourt Apartments, a 76-unit, multifamily affordable apartment complex in Mount Vernon, NY, with 59 units reserved for tenants earning no more than 60% AMI.
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Mortgage lender reaches out to those affected by Hurricane Maria
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KeyBank Real Estate Capital has provided a total of $15.1 million through a Fannie Mae credit facility for the acquisition of five affordable housing properties in North Carolina and Texas by Harmony Housing, a 501(c)(3) nonprofit organization dedicated to providing safe, clean and comfortable affordable housing throughout the United States.
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KeyBank Real Estate Capital has provided a total of $23.8 million through a Fannie Mae credit facility to Harmony Housing, helping the 501(c)(3) nonprofit organization refinance or acquire three affordable and seniors housing properties in TX and WI.