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Governance: Affordable Housing

BOK Financial has significantly contributed to affordable housing within the markets we serve through the firm’s Community Development investments. More than $268 million of the $347 million (approximately 77%) of the Community Development investment portfolio was in affordable housing as of Dec. 31, 2022.

Of the 1,578 affordable housing units developed over the past three years through these investment activities, 21% are located in properties that have incorporated on-site social services in support of tenant needs. Not only are these projects contributing to an improved local community, approximately 24% of the nearly 1,600 units are in repurposed existing buildings with energy saving systems, benefiting the environment as well.

# of Affordable Housing Investments Total
# of Affordable Housing Units
2020 8 $50,692,440 579
2021 8 $54,819,997 528
2022 5 $39,513,482 471
Total 21 $145,025,919 1,578

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