BIRMINGHAM — Regions Bank is promoting one of its own to a high-ranking leadership position.
Chase Simpson, an industry insider with more than 10 years of experience in banking, has been named vice president and relationship manager in the Regions Affordable Housing division.
“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,” said David Payne, co-head of Originations for Regions Affordable Housing. “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.”
Prior to his promotion, 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.
“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.”
According to Regions, Simpson and his colleagues will work toward affordable housing through low-income housing tax credits, comprehensive financial solutions, and a holistic suite of additional banking options that will meet the financial needs of affordable housing developers.
Simpson will be responsible for managing, sourcing, and leading origination efforts for affordable housing opportunities across several states, including Alabama, Georgia, North Carolina, South Carolina, and West Virginia.
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