KeyBank Community Development Lending and Investment has appointed Ted Witt as a senior banker to expand community development lending and investment activity in the Midwest Region. He will be focused on KeyBank’s community development banking efforts in the North Central States that are part of the bank’s affordable housing growth plan.
The move comes as KeyBank continues its commitment to affordable housing across the country, with a focus on expanding its CDLI platform. Witt is based in Omaha Nebraska, and reports to Greg Kiger, CDLI Midwest Region manager.
Witt brings nearly 25 years of affordable housing and LIHTC experience in finance, development and consulting to KeyBank. Prior to joining Key, he was a business development officer focused on LIHTC at Horizon Bank where he was responsible for the coverage of 13 states.
Previously, Witt was a development director with Kittle Property Group where he was responsible for developers with LIHTC communities in Kansas, Oklahoma and Nebraska. He also served as Chief Operating Officer and Director of Asset Management at Midwest Housing Equity Group, Inc., a 501 (c)(3) Tax Credit Syndicator and Midwest Syndication Corporation, both specializing in the financing of affordable housing. Witt began his career as a financial analyst with First National Bank of Omaha.
Witt earned his MBA and Bachelor of Science Degree in Business Administration from the University of Nebraska, Omaha. He is a 2006 graduate of Leadership Omaha.
