Catherine “Katie” Such has been named Head of Distribution and Investor
Services for Regions Affordable Housing LLC, the low income housing tax credit fund syndication subsidiary of Regions Bank which does business as First Sterling. In this newly created position, Such’s financial, management and real estate skills will facilitate the firm’s continued growth, development and operating efficiency. Such will be based in the firm’s Atlanta office.
As Managing Director, Head of Distribution and Investor Services, Such is responsible for fund distribution and sales as well as affordable housing investor services. She began her career at the Oregon Corporation for Affordable Housing and then worked as an originator for the Arcand Company, which was acquired by PNC Bank in 1998. Such held several leadership positions at PNC Bank entities, including: Director of Underwriting, Director of Asset Management, and finally Manager of Fund Syndication where her responsibilities included investor sales, investor services, investor finance, and fund management. She also served as the Deputy Executive Director for the Housing Authority of Portland (now HomeForward), where she was responsible for overseeing 240 employees in the public housing, Section 8, asset management, and resident services departments. Such’s public service to date includes ten years on the board of the Portland Housing Authority and agencies providing services to the homeless and at-risk populations, including Central City Concern, Janus Youth Services, and most recently as board treasurer for Transition Projects, Inc., the largest provider of shelter for homeless adults in Oregon. She is also an adjunct instructor for Portland State University teaching Affordable Housing Finance in the graduate real estate and urban planning programs. Such holds a BA from University of Oregon and an MBA from Portland State University. She holds series 7, 24, and 63 FINRA registrations.
Regions Affordable Housing LLC is a national low income housing tax credit fund syndication firm and leader in affordable housing. Regions Bank is one of the nation’s largest participants in affordable housing finance through the Low Income Housing Tax Credit (LIHTC) Program and provides comprehensive real estate corporate banking and capital management services to meet the debt and capital needs of developers and investors. Regions Bank is also a Fannie Mae DUS Multifamily Affordable Lender and a HUD Tax Credit Pilot Program Multifamily Lender.
About Regions Financial Corporation Regions Financial Corporation (NYSE:RF), with $125 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, mortgage, and insurance products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,500 banking offices and 1,900 ATMs. Additional information about Regions and its full line of products and services can be found at www.regions.com.
