Financial News
KeyBank Community Development Lending Appoints Christina Knuckles to Head of Equity Fund Management
SOURCE: KeyBank
DESCRIPTION:
CLEVLAND, July 14, 2021 /3BL Media/ - KeyBank Community Development Lending and Investment (CDLI) has appointed Christina Knuckles to lead its equity fund management which is integral to the bank’s equity growth initiative. She is responsible for managing the bank’s LIHTC equity investment portfolio as well as strategic planning and forecasting, with a focus on expanding the CDLI equity investment platform. Christina reports to Stacie Nekus, Head of KeyBank Community Development and Lending Equity Growth Initiative and is based in St. Louis, MO.
“I am excited to welcome Christina to the team, said Nekus. “We look forward to her contributions which are critical to meeting our goal of doubling affordable housing investments and lending by the end of 2023.”
Christina brings more than a decade of affordable housing tax credit experience to KeyBank CDLI. Previously she served as senior syndications fund manager at US Bank Community Development Corporation where she managed more than $1.7 billion including both proprietary funds and multi-investor funds. Christina began her career as a real estate accountant. She earned her MBA from St. Louis University and a BS degree in Accounting from Truman State University in MO.
About KeyBank Community Development Lending and Investment
KeyBank Community Development Lending and Investment (CDLI) finances projects that stabilize and revitalize communities across all 50 states. As one of the top affordable housing capital providers in the country, KeyBank’s platform brings together construction, acquisition, bridge-to-re-syndication, and preservation loans, as well as lines of credit, Agency and HUD permanent mortgage executions, and equity investments for low-income housing projects, especially Low Income Housing Tax Credit (LIHTC) financing. KeyBank has earned ten consecutive “Outstanding” ratings on the Community Reinvestment Act exam, from the Office of the Comptroller of the Currency, making it the first U.S. national bank among the 25 largest to do so since the Act’s passage in 1977.
About KeyCorp
KeyCorp’s roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $176.2 billion at March 31, 2021. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,100 branches and more than 1,400 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.
KEYWORDS: NYSE:KEY, keybank
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