Regions Affordable Housing Names Allison Johnston as VP and Relationship Manager

Regions introduced a new leader for its Affordable Housing division.

Allison Johnston joined the division as VP and relationship manager, leading the origination of affordable housing opportunities in the Southeast.

“Regions’ relationship-based approach to client service is a big part of why developers continue to turn to Regions for financial support to help people have a safe, affordable place to call home,” she said.

“I’m honored to join the dedicated team at Regions Affordable Housing, and I look forward to working with our clients who have a strong history of helping expand access to affordable housing.”

Johnston’s work will focus on key growth markets across Florida, Tennessee, and Kentucky, offering low-income housing tax credits and comprehensive financial solutions to affordable housing developers.

She brings more than a decade of financial services and affordable housing experience to the position, having most recently served as the manager of the Capital Funding team at Raymond James Affordable Housing Investments.

Johnston’s other experience includes analyst positions with Regal Point Capital and Benchmark International.

She reports to David Payne, co-head of Originations for Regions Affordable Housing.

“The markets Allison will serve, including cities like Orlando, Nashville, Louisville, Tampa, and Miami continue to benefit from strong employment opportunities, new investments, and overall economic growth. And with that growth comes the urgent need to ensure people have greater access to safe, secure, and affordable housing opportunities,” Payne said. 

“In many ways, having more affordable housing has never been more important than it is right now. Allison knows this, and she’s already building solid relationships that will ultimately lead to new options for clients, individuals, and families across her markets.”

Regions Affordable Housing LLC is part of Regions Financial Corporation, which operates in the South, Midwest, and Texas. It is one of the nation’s largest participants in affordable housing finance through the LIHTC program, a Fannie Mae DUS Multifamily Affordable Lender, and HUD/FHA Affordable Lender.

It was created in 2018 when its parent company merged its two affordable housing businesses, Regions Community Investment Capital and Regions First Sterling.