More Affordable Housing: Regions Bank Appoints Chase Simpson as Relationship Manager Serving Clients in Several States
20 November 2024 - 3:00PM
Business Wire
Simpson will focus on delivering holistic financial solutions
and expanding access to affordable housing opportunities for people
across the Southeast.
Regions Bank on Wednesday announced Chase Simpson has been named
vice president and relationship manager in the Regions Affordable
Housing division.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20241120024122/en/
Regions Bank is announcing Chase Simpson
has been named vice president and relationship manager in the
Regions Affordable Housing division. (Photo: Business Wire)
In this role, Simpson will manage, source, and lead origination
efforts for affordable housing opportunities across several states,
including cities in Alabama, Georgia, North Carolina, South
Carolina, and West Virginia. Through low-income housing tax credits
(LIHTCs), comprehensive financial solutions, and a holistic suite
of additional banking options, Simpson and colleagues will meet the
financial needs of affordable housing developers planning to bring
new or renovated properties to the market. He will report to David
Payne, co-head of Originations for Regions Affordable Housing
“At Regions, our focus in affordable housing is providing
developers the resources they need to create more access to
affordable housing in communities that need it most,” Payne said.
“Chase Simpson has been an integral part of our Real Estate Banking
team for a number of years. He knows our client base, our bank’s
culture and has deep knowledge of the affordable housing industry.
We are pleased to have the right talent already at work helping our
clients. We look forward to Chase continuing to enhance our
approach to service and welcome new clients to Regions Bank.”
Simpson has over 10 years of experience in the banking industry.
Prior to his promotion at Regions, Simpson worked in the
Underwriting and Asset Management departments. He most recently
served as an underwriter, preparing comprehensive executive
summaries and creating financial models for affordable housing
investments. Prior to that role, Simpson served as a Development
Risk Management analyst. He joined Regions in 2016.
Simpson earned a Bachelor of Administration in Finance with a
focus in Accounting from Harding University.
“Affordable housing makes a real difference in the lives of
people across the country,” Simpson said. “It provides stability
and security and opens the door to continued community growth.
Regions has long been a leader in helping clients maximize
opportunities to build and grow affordable housing developments.
I’m pleased to expand my work with the bank and help fulfill our
mission to make life better.”
Regions Bank, through Regions Affordable Housing LLC, is a
national leader in affordable housing. Through the LIHTC program,
Regions is one of the nation’s largest participants in affordable
housing finance, providing comprehensive real estate banking and
capital markets services to meet the debt and equity capital needs
of developers and investors. Regions Bank is also a Fannie Mae DUS
MAH Lender, HUD/FHA Affordable Lender, and Freddie Mac Optigo TAH
lender.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $157 billion in
assets, is a member of the S&P 500 Index and is one of the
nation’s largest full-service providers of consumer and commercial
banking, wealth management, and mortgage products and services.
Regions serves customers across the South, Midwest and Texas, and
through its subsidiary, Regions Bank, operates approximately 1,250
banking offices and more than 2,000 ATMs. Regions Bank is an Equal
Housing Lender and Member FDIC. Additional information about
Regions and its full line of products and services can be found at
www.regions.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241120024122/en/
Jennifer Elmore Regions Bank Regions News Online:
regions.doingmoretoday.com Regions Media Line: 205-264-4551
Regions Financial (NYSE:RF)
Historical Stock Chart
Von Nov 2024 bis Dez 2024
Regions Financial (NYSE:RF)
Historical Stock Chart
Von Dez 2023 bis Dez 2024