KeyBank’s $16.5 billion community benefits plan yields $337 million in Buffalo


KeyBank N.A. allocated more than $197.4 million to Buffalo and Western New York during the second year of a five-year plan to invest $16.5 billion in community development initiatives.

In total, since 2017 the Cleveland-headquartered bank has assigned more than $377.4 million to the region in the form of residential mortgages, small business loans, financing for affordable housing projects and grants to local nonprofits.

Kawanza Humphrey is the regional corporate responsibility officer for Buffalo,…

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