The KeyBank Foundation has awarded a $133,333 grant to Portland-based nonprofit Avesta Housing to help fund a multi-generational approach to “critical areas of community need,.”

The foundation, which is the charitable nonprofit unit of KeyBank, awarded the grant after extensive discussions with Avesta, which builds and manages affordable housing, Dana Totman, Avesta president and CEO, said in a news release Friday.

The money will go to creating and expanding access to safe, clean, affordable housing for seniors, enhanced resident services and the improvement of and investment in existing Avesta properties, according to the news release.