SunTrust Banks Inc. has set up a community development corporation to expand investments in low-income housing projects that offer tax credits.

The $60 billion-asset SunTrust has dabbled in such deals for years but has limited the activity to Atlanta, its headquarters city.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.