KeyBank recently announced the launch of the Neighbors First Credit program, which aims to “make the dream of home ownership a reality by providing up to $5,000 to homebuyers for the purchase of eligible properties” in underserved communities. This is the third special-purpose credit program at the bank following the launches of Key Opportunities Home Equity Loan and KeyBank Home Buyer Credit over the last year.
The program launch comes less than three months after KeyBank conducted its Fair Housing month poll, which found that nearly one-third of homeowners were unsure or certain about whether they had an unfair experience when buying a home.
