Affordable Housing

Lady holding umbrella

Regions works diligently to create affordable housing for low- and moderate-income residents, helping many achieve the American Dream of homeownership.

Regions is a leader in supporting affordable housing by investing in Low Income Housing Tax Credits, a financial mechanism that encourages private builders to develop new or rehabilitate existing housing for ownership or for rent. The bank’s investment of more than one billion dollars in these tax credits has resulted in the construction or rehabilitation of more than 25,000 units of affordable single or multifamily housing.

Regions also invests significant resources with nonprofit organizations that develop special-needs housing for people with disabilities, senior citizens, workforces, and those in transition due to drug and alcohol treatment, homelessness, and other setbacks.

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