The KeyBank Foundation announced the recipients of its $5.4 million special grant program designed to strengthen Community Development Financial Institutions (CDFIs). This initiative, launched in celebration of KeyBank's bicentennial, supports CDFIs across its 27 markets.
The grants focus on advancing affordable housing and small business growth, with selected CDFI recipients driving community-rooted solutions in economic inclusion, workforce development, and neighborhood revitalization. In markets without eligible proposals, KeyBank is establishing $200,000 donor-advised funds.
Chris Gorman, Chairman and CEO of KeyCorp, stated that the work of these awardees reflects what it means to invest in communities, and it is an honor to recognize their impact as part of the bicentennial celebration. This initiative underscores KeyBank's purpose to help clients and communities thrive.
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