KeyBank Community Development Lending and Investment (CDLI) provided $19.5 million in financing for Hawthorne Heights, an 86-unit affordable senior housing project in Florida. This investment underscores KeyBank's commitment to addressing the housing needs of seniors.
The financing package includes a $13 million construction loan, supporting the development of new, accessible living spaces. This project aligns with KeyBank's broader mission to foster resilient and inclusive communities.
KeyBank's continued involvement in such initiatives reinforces its role as a leading provider of capital for community development. This investment further strengthens its lending portfolio and contributes to the economic stability of the communities it serves in Florida.
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