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KeyBank announced it has received the honor of ranking #1 for the most small business loans $350,000 or less in Washington Congressional Districts 1, 3, 7, 8, and 9 by the U.S. Small Business Administration (SBA) 2023 fiscal year.
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KeyBank will take part in home ownership events in Buffalo, NY and Syracuse, NY. KeyBank will be offering tips and information on products and assistance programs available to homebuyers.
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For many Americans, homeownership is not just an aspiration, but a major step toward establishing long-term financial stability. Amid fluctuating economic conditions and a competitive housing market, a number of resources and programs exist to help consumers achieve the goal.
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Utah Community Action (UCA) has received a grant from KeyBank for $300,000 in support of the expansion of its workforce development program, which offers training and credentials to help low-income individuals increase wages, benefits, job retention and career opportunities.
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As part of its commitment to helping clients on their individual financial journeys, KeyBank continues to offer resources and education for those seeking to achieve the dream of homeownership.
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KeyBank has earned its 11th consecutive "Outstanding" rating from the Office of the Comptroller of the Currency (OCC) on its most recent Community Reinvestment Act (CRA) exam. KeyBank has maintained a rating of "Outstanding" from the OCC for 11 consecutive review periods.
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KeyBank secured $54.9 million for Hudson Valley Property Group to refinance Grandview Terrace Apartments, a 283-unit affordable multifamily property located in Jersey City, New Jersey. Grandview Terrace will target family households with incomes between 60% and 90% of area media.
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As part of its commitment to helping clients on their individual financial journeys, KeyBank (NYSE:KEY) continues to offer resources and education for those seeking to achieve the dream of homeownership.
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KeyBank and the KeyBank Foundation announced an investment of $180,000 in MCHS Family of Services, aimed at developing the Skilled Trade Program to enhance the services of youth aging out of the foster care system.
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The Longfellow Senior Housing, an historic redevelopment in Cleveland’s Collinwood community financed by KeyBank, has been awarded CoStar’s 2023 Impact Award for Redevelopment of the Year in Cleveland. KeyBank (CDLI) provided a $16.9 million investment.
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KeyBank announced a $150,000 grant to Rural Community Assistance Corporation to support its environmental programs. Specifically, it will enable RCAC to improve low-income, rural communities’ access to safe, affordable drinking water and to mitigate the effects of climate change.
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Rural Alaska Community Action Program, Inc., (RurAL CAP) received a $150,000 grant from KeyBank to support its new Teacher Apprenticeship program, an effort to train and support new educators in attaining required certifications.
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Liberty Community Services of New Haven has been awarded a two-year $120,000 grant from KeyBank Foundation, the charitable foundation of KeyBank, to support the organization’s mission of “Getting People Home”.
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To commemorate the new Redmond Ridge neighborhood branch opening, KeyBank also invested in two local nonprofit groups. HopeLink and Together Center each received a $10,000 donation from Key to further their missions to help the local community.
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Today, KeyBank announced that it has funded more than $10 million in loans through its Key Opportunities Home Equity Loan[i] program.
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Get Schooled has received a $300,000 grant from KeyBank to further its outreach to first-gen-to-college youth in the Pacific Northwest. Get Schooled provides personalized support along three journeys including helping prepare them to continue their education after high school.
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To mark Fair Housing Month, KeyBank will host Community Lending Days at several branches. Mortgage Loan Officers will be on hand to offer advice and details on products and assistance programs available to homebuyers.
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KeyBank Real Estate Capital (KBREC) secured $25.3 million for Redburn Development Partners to refinance two multifamily properties that preserve affordable workforce housing in Albany, New York.
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As part of its commitment to making homeownership more accessible, KeyBank is pleased to announce that it now offers Freddie Mac Home Possible® mortgage loans. The Home Possible® mortgage offers more options and credit flexibilities than ever before to help eligible individuals.
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KeyBank’s Key4Women will present “It’s Up to Us: Pursuit of a Just and Inclusive Economy”, a free, one-hour virtual event on Thursday, March 14th at 10:00 a.m. PST/ 11:00 a.m. MT/ 1:00 p.m. EST.
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REACH Community Development Inc. has received a $120,000 grant from KeyBank to support its “Career Mapping” workshops, which uplifts individuals who are unemployed or under-employed by equipping them with the tools and opportunities to gain employment that secures a living wage,
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At first glance you may not think there are many parallels between careers in the military and banking. But Erica Choi, KeyBank Senior Vice President and new Commercial Sales Leader for the Capital Region (Albany, N.Y.) says her time at West Point and service in the U.S. Army.
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KeyBank and the KeyBank Foundation announced an investment of $150,000 in Columbus-based Homeport, aimed at bolstering its Housing Advisory Services (HAS) program.
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KeyBank awarded a $175,000 grant to Habitat for Humanity of Metro Denver (Habitat Metro Denver) to create a more robust and impactful homebuyer education program for low- and moderate-income families.
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KeyBank recently announced two multi-year Community Impact grants from KeyBank Foundation to nonprofits in Yonkers, NY, a community within the bank’s Hudson Valley/Metro New York market.
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A $300,000 investment from KeyBank will help support growth and expansion of a culinary apprenticeship program at Foodlink. This grant is part of KeyBank’s commitment to invest $40 billion in the communities it serves.
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KeyBank and the KeyBank Foundation announced an investment of $500,000 in Pittsburgh’s Neighborhood Allies to bolster the expansion of the organization’s Financial Empowerment Center’s (FEC) services throughout Allegheny County.
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KeyBank held a grand opening and ribbon cutting for its new, full-service, state-of-the-art branch in Erie, PA. The new Downtown Erie branch is located at 1401 State Street and several leaders from KeyBank and Erie attended the celebration.
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KeyBank and Genesis Housing Corporation have partnered to create a new energy efficiency program as part of the organization’s Healthy Homes Program for income-qualified families of Montgomery County in the greater Philadelphia, PA area.
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KeyBank will take part in MMB Realty’s Group’s Home Ownership Seminar in Buffalo, NY. KeyBank will be offering advice and details on products and assistance programs available to homebuyers.
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Vine Maple Place has received a $200,000 grant from KeyBank to support its Stable Families Program, which helps single-parent families who are homeless or days away from becoming unhoused. The funding will also be used to add capacity, extending the reach by nearly 50%.
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Latino Network hosted a Gather for Good fundraiser on Thursday, February 8th in downtown Portland and received a $300,000 grant from KeyBank to support its Escalera (11th and 12th grades) and Fuerza (post-secondary) programs.
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KeyBank Community Development Lending and Investment (CDLI) invested $10.2 million of 4% Federal LIHTC Equity and provided a $7.9 million construction loan to finance the development of Henrietta Homes. The development will consist of 40 lease-to-purchase (LTP) affordable homes.
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YWCA Seattle | King | Snohomish has received a $240,000 grant from KeyBank to support YWCA's Pathways for Women, an emergency shelter in Lynnwood, WA serving unhoused adult women and women with children under 18.
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KeyBank announces a two-year, $100,000 community impact grant made through KeyBank Foundation to Make The Road New York, the largest participatory immigrant organization in New York. The grant will help sustain the organization’s Westchester Adult Education Project.
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A $500,000 investment from KeyBank through the CenterState CEO Foundation will help CenterState CEO expand business coaching and technical assistance programs for Black, Indigenous and other People of Color (BIPOC), women- and veteran-owned firms in Central New York.
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KeyBank cut the ribbon on a new full-service branch in Meridian, Idaho on February 2 and the celebration included a donation to the Boys and Girls Clubs of Ada County. The new “Spurwing” branch is located at 3513 West Chinden Boulevard.
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Recently, KeyBank Senior Mortgage Loan Officer, NMLS# 1097632, Raul Gongora and Corporate Responsibility Officer Mattie Jones-Hollowell appeared on “New Day Cleveland” on WJW-TV to discuss Key’s commitment to its hometown of Cleveland and ways banks can help make homebuying easy.
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KeyBank’s Hamden, Connecticut branch recently had a very special guest visit its lobby. On December 16th, branch manager Alana Dina and her staff hosted a community Meet & Greet to introduce the public to Hamden Police Department’s newest K-9 patrol dog, Jet.
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KeyBank and the KeyBank Foundation announced an investment of $750,000 in the Akron Children’s Foundation, aimed at supporting its Career Launch Program.
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KeyBank and the KeyBank Foundation announced an investment of $150,000 in South Bend’s Center for the Homeless, aimed at bolstering its brand new NEXT (Neighbors Excelling as Tenants) Program.
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In 2023, the KeyBank Foundation invested a total of $1,120,000 in several non-profit organizations in the Capital Region to support workforce development and community initiatives. These grants are part of KeyBank’s commitment to invest $40 billion in the communities it serves.
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Avesta Housing has received a four-year, $400,000 grant commitment from KeyBank Foundation to enhance services provided to residents in Avesta’s affordable housing properties.
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Junior Achievement of Oregon and SW Washington has announced a grant of $225,000 from KeyBank to launch the expansion of its JA Capstone Program. The funds will support upgrades to its S.E. Portland facilities and spearhead a major initiative to serve more Oregon and Washington.
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KeyBank Community Development Lending and Investment (CDLI) provided a $34.3 million in construction and permanent financing through the HUD 221(d)(4) Mortgage Insurance program to facilitate the substantial rehabilitation of six low-income apartment buildings.
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KeyBank announced placement of $50 million in deposits with six Community Development Financial Institutions and Minority Depository Institutions (MDIs), including four Black-owned banks or managed banks and two banks serving Alaskan Native and Native American communities.
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The KeyBank 2024 Financial Mobility Survey finds that a resounding 66% of Americans would rather work a job they love with a lower paying salary than work a job they hate with a higher paying salary (34%).
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KeyBank (CDLI) in partnership with the Urban Investment Group (UIG) within Goldman Sachs Asset Management, invested $135.6 million of 4% Federal LIHTC Equity and provided a $200 million construction loan for the planned renovation of Andrews Terrace, in Rochester, New York.
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Santa Maria Community Services, Inc. is pleased to announce a significant grant of $150,000 from the KeyBank Foundation, aimed at bolstering its Stable Families program. The grant will be distributed over three installments, providing critical support for families.
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Following the racially motivated shooting that took place at a supermarket in Buffalo, NY on May 14, 2022, KeyBank Corporate Responsibility Officer Chiwuike “Chi-Chi” Owunwanne worked with community partners to bring a farmers’ market to the Delavan-Grider community.