Albany, NY- Celebrating 200 years of service to communities across the United States, KeyBank announced earlier this year the creation of a $5.4M special grant program designed to strengthen Community Development Financial Institutions (CDFI’s). This program, which was launched in 27 markets across the country, focused on supporting affordable housing and small business growth in communities where the support is most needed. Earlier this month, the Community Loan Fund of the Capital Region was selected as one of the twenty-seven CDFI’s nationwide to secure a portion of this grant funding.

“At Key, we believe that being in community is more than just geography, it’s about deep relationships and shared progress,” added Eric Fiala, Chief Corporate Responsibility Officer at KeyBank, CEO, KeyBank Foundation. “These CDFIs are on the ground every day, expanding opportunity and access for all. It’s a privilege to work alongside them, especially as we mark this milestone in our company’s legacy.

“We are thrilled to announce the awardees of KeyBank’s CDFI grant program,” said Chris Gorman, Chairman and CEO of KeyCorp. “Their work reflects what it truly means to invest in communities, and it is an honor to recognize their impact as part of our bicentennial celebration. These awards are more than a financial investment; they are a statement of partnership and belief in what is possible when we work together to uplift communities.”

“As we celebrate the 40 years of service, we’re deeply grateful to the KeyBank Foundation for this $200,000 grant. This funding comes at a pivotal moment and will help ensure we can continue advancing our mission to support economic justice and opportunity in the communities we serve,” said Mike Martin, Director of Community Relations & Development for the Community Loan Fund.

ABOUT KEYBANK FOUNDATION

KeyBank Foundation is a nonprofit charitable foundation that supports organizations and initiatives aimed at improving financial wellness, education, and community development. Through strategic philanthropy, KeyBank Foundation works to create thriving communities and drive meaningful, lasting change.

ABOUT KEYCORP

In 2025, KeyCorp celebrates its bicentennial, marking 200 years of service to clients and communities from Maine to Alaska. To learn more, visit KeyBank Heritage Center. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $187 billion at December 31, 2024.

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 1,000 branches and approximately 1,200 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 Member FDIC.