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Affordable Housing

OUR SUPPORT SHOULD BE SOMETHING YOU COME TO EXPECT

Regions continues to invest significant time and resources in affordable housing for low- and moderate-income families. Regions has worked hard to help families achieve the American Dream with $3.05 billion in low- to moderate-income (LMI) mortgages, which includes loans, home equity loans/lines of credit, and Morgan Keegan mortgage revenue bonds for LMI borrowers.

Regions is active in many programs that help to develop and rehabilitate affordable housing for low- and moderate-income persons, including rental and homeownership. Regions involvement includes working with nonprofit organizations that develop special needs housing such as housing for disabled persons, senior citizen housing, and transitional housing, as well as providing workforce housing. Regions also supports affordable housing for low- and moderate-income individuals by being a leader in Low Income Housing Tax Credit investments. Regions currently has over $734 million in Low Income Housing Tax Credit investments resulting in the construction or rehabilitation of almost 14,000 units of affordable single and multifamily housing.

Please click on these links to learn more about the loan programs below: