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.

Affordable Housing transactions

Amherst Commons – Regan Development

Buffalo, New York
October 2025 | 133-unit New Construction

 

$33,782,373 Total Equity
(Federal and State LIHTC,
Brownfield Tax Credits)

Capstone at Covington Place – The Banyan Foundation

Covington, Louisiana
October 2025 | 80-unit New Construction Family

 

$9,472,405 Equity
$7,839,000 Bridge Loan
$4,661,000 Construction Loan
$4,661,000 Freddie Mac Forward

Camellia Square – Paladin, Inc.

Mobile, Alabama
September 2025 | 56-unit New Construction Senior

 

$12,559,867 Equity

MLK Village – Columbia Residential

Atlanta, Georgia
August 2025 | 123-unit Rehab Senior

 

$10,097,694 Equity
$11,200,000 Bridge Loan

Buckner Station

Dallas, Texas
July 2025 | 304-unit New Construction

 

$34,337,000 Equity
$25,788,000 Bridge
$46,588,000 HUD D4

Hunters Run

Coal City, Illinois
July 2025 | 44-unit New Construction Senior

 

$15,145,000 Equity

Beverly Park

Hollywood, Florida
June 2025 | 115-unit New Construction

 

$27,859,000 Equity
$22,475,000 Bridge
$15,457,000 Construction
$15,457,000 Freddie Mac Forward

Community Park

McComb, Mississippi
May 2025 | 72-unit Rehabilitation

 

$6,735,000 Equity
$2,000,000 Construction Loan
$8,100,000 Bridge Loan

Contact us

David Payne

Head of Originations
Dallas, TX