Synovus has appointed industry veterans Brian Coffee and Reed Dolihite to help establish its affordable housing business.
Coffee, who currently serves as vice president of the Affordable Housing Investors Council, will be the senior director of the new department. In 2002, he created the affordable housing unit of mortgage originator Regions.
Dolihite will serve as a director. He has extensive experience in affordable housing and has held leadership roles at Regions as vice president and relationship manager.
“Affordable housing is a significant opportunity for Synovus’ corporate banking function and a natural extension of our role as the bank of here in many fast-growing cities with affordable housing challenges,” said Kevin Howard, Synovus chief wholesale banking officer. “Brian and Reed are deeply experienced and highly regarded affordable housing bankers, and we are delighted to welcome them to Synovus.”