Affordable Housing
We provide comprehensive affordable-housing financing solutions for developers. For investors, we originate transactions and provide underwriting, asset management and long-term portfolio management solutions.
Supporting affordable housing across the nation
We are a national leader in affordable housing, offering developer clients competitive debt and equity solutions along with a full-service banking relationship. We offer our investor clients customized equity investments, tailored to individual investment requirements and needs. Our originations, underwriting and asset management services cover the full project life cycle, with a consistent team approach.
We offer comprehensive multifamily lending services
Debt and equity financing tailored for each project
We finance income-restricted apartment properties nationwide.
Investing directly and for institutional investors
We provide investment capital through direct, proprietary, and multi-investor platforms.
Streamlined due diligence and closing
You can rely on our industry knowledge and experience to help guide you through the entire transaction process.
Committed to long-term relationships
Dedicated Asset Management team to assist through construction and lease-up.
Affordable housing products and details
We provide debt and equity financing for income- and rent-restricted apartment properties throughout the country. Our experienced team of bankers originate, underwrite, and close tax credit properties for Regions’ own account or on behalf of institutional investors through proprietary or multi-investor funds. We bring developer clients and investors together.
Regions Affordable Housing has the balance sheet of one of the nation’s largest banks to provide construction and equity bridge financing, and a dedicated team to underwrite and close HUD, Fannie Mae and Freddie Mac lender placements.
- LIHTC & historic tax credit equity (federal and state)
- Construction loans
- Equity bridge loans
- HUD, Fannie Mae & Freddie Mac lender
- Treasury management
- Depository services
- Derivatives & institutional trustee services
In 2016, Regions Bank acquired the Low-Income Housing Tax Credit (LIHTC) corporate fund syndication and asset management businesses of First Sterling Financial Inc., complementing Regions’ Community Investment Capital, Real Estate and Capital Markets capabilities to serve more clients and communities. The integrated groups became the Regions Affordable Housing division, one of the nation’s largest participants in affordable housing finance through the LIHTC program. Our combined commitment to the affordable housing industry spans over three decades and more than 1,400 properties in 45 states, Washington, D.C. and Puerto Rico.
July 30, 2025: More Affordable Housing: Regions Bank, Vitus Group Unveil New Initiative in Jackson
June 5, 2025: Regions Affordable Housing Names David Payne Head of Originations
November 20, 2024: Regions Bank Appoints Chase Simpson as Relationship Manager Serving Clients in Several States
September 23, 2024: The Pearl Delivers Health + Housing
July 9, 2024: Regions Affordable Housing Names Allison Johnston as Vice President and Relationship Manager
March 27, 2024: Regions Bank Names Katie Such as Head of Affordable Housing as Rob Chiles Announces Retirement
Dec. 17, 2023: Investing in the Music City
Dec. 14, 2023: How Regions is Helping Strengthen Communities From the Ground Up
June 15, 2023: Welcome Home: Regions Bank is supporting affordable housing across the country
April 19, 2023: More affordable housing: Regions Bank, Charlotte developer unveil new initiative
Jan. 27, 2023: Regions Affordable Housing provides financing for senior housing in heart of downtown Orlando
Affordable Housing transactions
Homesteads at Dunkirk Landing - Regan Development Corporation
Dunkirk, N.Y.
June 2026 | 78 units, new construction
$24,753,529 total equity
(Federal and state LIHTC,
brownfield tax credits, solar tax credits)
Port Jefferson Commons - Conifer Realty LLC
Port Jefferson, N.Y.
June 2026 | 53 units, new construction
$18,513,293 total equity
(Federal and state LIHTC)
Lakewood Terrace Apartments - Lincoln Avenue Communities
Lakewood, Fla.
June 2026 | 132 units, rehab
$24,817,690 equity
$22,700,000 construction loan
$25,415,000 bridge loan
$22,700,000 Freddie Mac Forward
Riverside Gardens - Vitus Group LLC
Macon, Ga.
May 2026 | 75 units, rehab
$9,011,534 equity
$5,550,000 bridge loan
$8,270,000 Freddie Mac Forward
Village Green - Hughes Spellings Development
Natchez, Miss.
April 2026 | 80 units, rehab
$15,620,875 equity
$3,500,000 construction loan
$11,250,000 bridge loan
Franklin Towers - WBP Development, LLC
Tarrytown, N.Y.
April 2026 | 81 units, rehab
$20,130,978 total equity
$16,951,000 Freddie Mac Forward
(Federal LIHTC and geothermal TC)
Grove Manor II - Smith & Henzy
Lake Wales, Fla.
April 2026 | 78 units, new construction
$17,400,269 equity
$7,484,000 construction loan
$10,511,000 bridge loan
$7,484,000 Freddie Mac Forward
841 Cowan Road - The Clear Blue Company
Dickson, Tenn.
March 2026 | 228 units, new construction
$35,785,827 equity
$37,013,000 construction loan
$11,487,000 bridge loan
$37,013,000 Freddie Mac Forward