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Wednesday, Oct 9, 2024

Leaders of Influence: Nonprofit & Philanthropy 2024 – Steven Herman

Custom Content by the Los Angeles Business Journal

STEVEN HERMAN
Senior Vice President; Community Reinvestment Department Manager
California Bank & Trust

For over 25 years, Steven Herman has held senior level positions with private and nonprofit companies that support affordable housing and community and economic development. He is currently senior vice president and manager of the Community Development Finance Division at California Bank & Trust (CB&T), a division of Zions Bancorporation. Herman manages CB&T’s community reinvestment initiatives, including lending, investment and service programs that support low and moderate-income communities. He has originated and managed over $2.5 billion in lending and investments for community development projects throughout the Western US.

Herman established the bank’s Affordable Housing debt platform and is responsible for all Low-Income Housing Tax Credit equity investments for Zions Bancorporation. He has managed a variety of community reinvestment partnerships and programs with numerous nonprofit organizations, banking regulatory agencies and universities.

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