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Community Development Lending

OUR SUPPORT SHOULD BE SOMETHING YOU COME TO EXPECT

Through community development lending efforts, Regions makes a significant impact on its communities. Community development loans provide funding for purposes such as affordable housing, neighborhood revitalization initiatives, disaster-area recovery, job creation, as well as other projects targeted to providing assistance to low- and moderate-income individuals, small business development and more. These loans help provide the financial resources needed to aid in fostering thriving communities

In 2008, Regions originated some $5 billion in community development loans, including over $187 million in loan commitments for projects associated with the Low Income Housing Tax Credit Program. Hidden in these numbers are stories of communities revived, new businesses born, and families established in homes that will strengthen their economic outlook for generations to come.

Each year, Regions strives to increase its community development lending by continually seeking new lending opportunities.  Our associates work diligently to identify ways to assist with the complexities of these community development loans. Being one of the top financial providers in the nation, Regions has the ability to offer competitive rates, along with specialized products and services to help meet the needs of the community.