Cleveland-based KeyBank Community Development Lending and Investment appointed Angela Kelcher as Central Region team leader.
In this role, Kelcher will lead KeyBank’s Central Region debt and equity team, driving growth and strengthening client relationships across the region while leveraging her extensive national network to expand KeyBank’s affordable housing platform. Kelcher is based in the firm’s Dallas office and reports to Robert Likes, president of KeyBank CDLI.
Kelcher brings more than 25 years of comprehensive experience in affordable housing finance to KeyBank. Most recently, she served as senior managing director – Capital Markets and affordable housing leader at JLL, where she was a member of the capital markets leadership team and JLL Real Estate Capital leadership team.
In this role, she established affordable housing as a nationwide business line within Capital Markets, pursued correspondent lending and equity relationships to support Agency and FHA production, and coordinated recruiting efforts across Capital Markets offices to strengthen the Agency/FHA platform.
Prior to JLL, Kelcher spent nearly 18 years at Fannie Mae, where she achieved exceptional results as senior director of Multifamily Affordable Housing Production from 2013 to 2022. During her tenure, she grew annual business volume every year from $2.3 billion in 2013 to a record-setting $11 billion in 2021, while maintaining credit quality and profitability. She oversaw a $43 billion book of business and led teams responsible for account management and hundreds of annual loan deliveries from Fannie Mae’s nationwide network of lenders.
Kelcher’s career also includes significant experience at Bank of America, where she served as vice president in the Real Estate Community Development Banking Group, and at AIG SunAmerica as assistant vice president in Affordable Housing Partners. Throughout her career, she has been recognized as a top performer, receiving Bank of America’s Award of Excellence in 2002 and 2003, and consistently earning top performance ratings at Fannie Mae.
