Eaton Street Apartments will help revitalize the neighborhood and provide critical, quality affordable housing for low-income families
CLEVELAND, May 16, 2018 /3BL Media/ — KeyBank’s Community Development Lending & Investment (CDLI) team has provided a total of $49.7 million in financing to a joint venture among Koelbel and Company, Mile High Development and Longs Peak Advisors to support the new construction of Eaton Street Apartments, a 118-unit affordable housing development in Westminster, CO. Specifically, KeyBank provided a $24.8 million construction loan, a $14.1 million LIHTC equity investment and a $10.8 million Fannie Mae permanent loan. Jefferson County Housing Authority is a Special Limited Partner.
CLEVELAND, November 3, 2014 /3BL Media/ — KeyBank is responding as more companies seek to conserve cash, reduce energy consumption, and cut operating costs through renewable energy initiatives. Key’s Community Bank provides a unique set of financial tools for business clients who implement their own energy efficiency and sustainability projects, and Key’s “green” experts come armed with the resources, connections, and financing to devise and implement the solutions for clients.