This industry veteran will deepen the bank’s work in affordable housing to expand access to critical housing needs across the country.

Company Website: http://www.regions.com
BIRMINGHAM, Ala. -- (Business Wire)

Regions Bankon Thursday announced Andy Voress has joined Regions Affordable Housing as head of Investor Sales and Servicing.

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Andy Voress has joined Regions Affordable Housing as head of Investor Sales and Servicing.

In this role, Voress will oversee business relationships with Regions’ clients who are bringing new and revitalized developments to life. Further, he will guide distribution and funding strategies for Regions Affordable Housing, along with capital-raising initiatives that support the bank’s work in helping expand access to affordable housing in key growth markets across the country. Voress has 18 years of industry experience and will leverage strategic insights across the Regions Affordable Housing funding platforms. Voress will report to Katie Such, head of Regions Affordable Housing.

“Andy Voress is a well-respected leader in affordable housing who combines deep financial experience with a clear focus on the ultimate goal of making more affordable housing concepts turn into a reality,” Such said. “The benefits are tremendous. From individuals and families, to investors and clients and communities, the results of our work in affordable housing are remarkable. Andy’s work in Low Income Housing Tax Credit (LIHTC) syndications in particular will deepen our ability to serve clients in the Regions Affordable Housing family.”

Voress previously held key leadership roles at two of the nation’s largest LIHTC syndicators. He most recently served as the managing director of syndications for CREA, LLC. Prior to that, he worked at Raymond James as the director of institutional investment. He also led the affordable housing tax credit investment program for Allstate.

Voress earned a Bachelor of Arts in Accounting and Finance from Augustana College and a Master of Science in Finance from DePaul University. He is a CFA Charterholder and a Certified Public Accountant.

“Regions has a strong legacy of work in affordable housing that is making a lasting difference in communities across the country,” Voress said. “At a time when affordable housing is critically needed to support continued economic growth, Regions is leading the way in helping create affordable housing options. It is an honor to join Regions and work alongside a dedicated team of leaders delivering strong value, personalized service and competitive solutions.”

Regions Affordable Housing, LLC is a national LIHTC investor, syndication firm, and leader in affordable housing. Regions Bank is one of the nation’s largest participants in affordable housing finance through the LIHTC program, providing comprehensive real estate banking and capital markets services to meet the debt and equity capital needs of developers. Regions also provides investment opportunities to investors, in both a proprietary and a multi-investor fund format, throughout the country. 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 $160 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 1,850 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.

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Contacts:

Media Contact:
Jennifer Elmore
Regions Bank
334-240-1220
Regions News Online: regions.doingmoretoday.com

Source: Regions Financial Corporation