KeyBank Grants $83 Million to Affordable Housing in Texas

KeyBank ranked No. 18 on The Fair360, formerly DiversityInc Top 50 Companies for Diversity list in 2022.

 

KeyBank’s Community Development Lending and Investment (CDLI) group granted $83 million for the acquisition and renovation of an affordable housing property in Austin, Texas.

Woodway Square Apartments has 240 units for individuals and families earning no more than 60% of the area median income. The garden-style community includes on-site management, a community room, playground and swimming pool.

With KeyBank’s support, underserved individuals and families in the Austin area will have the opportunity to live in secure, affordable housing.

Read more at 3blmedia.com.

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