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Story perspectives

KeyBank Funds $25.9M Affordable Housing Project in Compton

10/2/2025

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Story summary
  • KeyBank invested $25.9 million in the 1434 W. Compton Blvd LP housing project.
  • The 75-unit development targets housing below 50% area median income (AMI), with half of the units for permanent supportive housing.
  • Coalition for Responsible Community Development (CRCD) and LandSpire Group, LLC lead the project; CRCD has facilitated $160 million since 2005, with completion planned for May 2027.