Key's President of Home Lending appointed to NAHREP Advisory
Board
CLEVELAND, Sept. 26, 2023 /PRNewswire/ -- KeyBank and
NAHREP, a member-based business trade association committed to
advancing sustainable homeownership and the economic mobility of
Hispanics in America, today announced plans to partner to make
homeownership more accessible to Hispanics across Key's footprint.
This strategic partnership is part of Key's broader commitment to
enhance relationships and partnerships within the Hispanic
communities and to better serve minority homeownerships.
NAHREP® is a purpose-driven trade organization that is propelled
by a passionate combination of entrepreneurial spirit, cultural
heritage and the advocacy of its members. With a network of over
40,000 real estate professionals nationwide, NAHREP works to be the
Voice for Hispanic Real Estate® and advocate on national and state
legislative issues that are critical to the mission of advancing
sustainable Hispanic homeownership.
Starting this year, Key and NAHREP will work together to support
the goals and objectives of reducing the barriers to homeownership
for the Hispanic community. Together, they will work to:
- Educate and empower real estate professionals who serve
Hispanic home buyers and sellers
- Advocate for public policy that supports the trade
association's mission
- Facilitate relationships among industry stakeholders, real
estate practitioners and other housing industry professionals
In addition to the partnership, Dale
Baker, President of KeyBank Home Lending, has been appointed
to the Corporate Board of Governors (CBOG). The CBOG is a
stakeholder group that serves as an advisory board to NAHREP's
Board of Directors and the association overall. The CBOG provides
NAHREP with market intelligence, business development expertise,
and policy position recommendations that provide the association
with a frame of reference. The support provided by this group of
stakeholders is critical in the advancement of NAHREP's mission and
serves as a driving force for NAHREP's purpose.
"At KeyBank, helping all residents have equal access to
homeownership is a priority. KeyBank's partnership with NAHREP is
one more way the bank is making access to homeownership easier and
more equitable for everyone. As part of our strategy, we are
looking to enhance our capabilities to serve these communities,"
says Baker. "We're excited for our partnership and look forward to
the impact we will make for the Hispanic community."
"We are excited to partner with KeyBank. Securing financing can
be a significant barrier for Hispanics, especially in this market,"
says Gary Acosta, CEO and cofounder
of NAHREP. "Partnering with organizations like Key helps us educate
others on what products and services are available to make
sustainable homeownership a possibility."
Key and Baker will participate in the NAHREP National
Conference, September 27-30 in
Miami, FL.
About KeyCorp
KeyCorp's (NYSE: KEY) roots trace back nearly 200 years to
Albany, New York. Headquartered in
Cleveland, Ohio, Key is one of the
nation's largest bank-based financial services companies, with
assets of approximately $195 billion
at June 30, 2023.
Key provides deposit, lending, cash management, and investment
services to individuals and businesses in 15 states under the name
KeyBank National Association through a network of approximately
1,000 branches and approximately 1,300 ATMs. Key also provides a
broad range of sophisticated corporate and investment banking
products, such as merger and acquisition advice, public and private
debt and equity, syndications and derivatives to middle market
companies in selected industries throughout the United States under the KeyBanc Capital
Markets trade name. For more information,
visit https://www.key.com/. KeyBank is Member
FDIC. Equal Housing Lender. Mortgage and Home Equity
Lending products offered by KeyBank are not FDIC insured or
guaranteed. NMLS #399797
About NAHREP:
The National Association of Hispanic Real Estate
Professionals® (NAHREP®), a nonprofit 501(c)6 trade association, is
dedicated to advancing sustainable homeownership for the Hispanic
community in America. NAHREP has a network of over 40,000 real
estate professionals and 100 local chapters nationwide, hosting
several national events per year and publishing multiple
industry cornerstone reports annually and multimedia
content. Join us in advocating for policies that grow sustainable
Latino homeownership, read our 2023 policy priorities
here.
Copyright © 2023 KeyCorp®. All Rights Reserved CFMA
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SOURCE KeyCorp