KeyBank Provides $18.1 Million of Financing for the Construction of New Affordable Single Family Homes in Cleveland

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.