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Company news: Kate Del La Garza hired by KeyBank

Company news: Kate de la Garza hired by KeyBank Updated Mar 02, 2021; KeyBank Community Development Lending and Investment has appointed Kate de la Garza as a senior relationship manager to expand community development lending and investment activity in the Northeast. She will be focused on community development banking efforts in New York and the surrounding markets. She will be based in Syracuse and will report to Kyle Kolesar, CDLI eastern region manager. She has more that 15 years of affordable housing experience in finance, development and consulting. She previously was a vice president and senior project manager at US Bank Community Development Corporation and also previously worked for

JT Klein Co Lands $29M for Wisconsin Affordable Housing Project

JT Klein Co. Lands $29M for Wisconsin Affordable Housing Project KeyBank provided financing for a 116-unit development in Fitchburg slated for a 2022 completion. Feb052021 Image courtesy of KeyBank JT Klein Co. has received a $29.3 million financing package from KeyBank for the construction of Limestone Ridge Apartments, a 116-unit affordable housing project in Fitchburg, Wis. KeyBank Community Development Lending and Investment provided the borrower with a $16 million construction loan, while KeyBank’s Commercial Mortgage Group secured a $13.3 million, fixed-rate forward tax-exempt loan through Freddie Mac. Limestone Ridge will take shape on a 3.8-acre parcel at 6270 Limestone Lane. Upon completion, the four-story building designed by JLA Architects will house one-, two- and three-bedroom apartments, with all units restricted to households earning between 50 and 80 percent of the area’s median income. Amenities will include a fitness center and playground.

People on the Move 2 4 21

People on the Move 2 4 21
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