Crain’s Cleveland Business, April 8, 2024, KeyBank Restores Partnership With National Community Reinvestment Coalition
After severing ties with KeyBank in 2021 and branding the business as the “worst major mortgage lender for Black homebuyers” in 2022, the National Community Reinvestment Coalition has announced a renewed partnership with the company.
The partnership, announced last week during the NCRC’s 2024 Just Economy Conference, features $25 million in financial commitments by the Cleveland-based lender intended to support home ownership and includes an $8 million grant to NCRC itself.