CAHEC Connection: August 2024 Newsletter

Hurricane Preparedness

Hurricanes are inevitable throughout our footprint, and it’s important to be prepared in case one is expected to come your way. Here are a few helpful tips to help your property – and residents – prepare for a hurricane:

Review your insurance policy annually, and especially before hurricane season.
Update the emergency contact information for staff and residents to ensure you can get in touch after a disaster occurs. A good time to update this for residents is during recertification.
Check with local emergency management services and provide contact information for your property for them to contact you, if necessary.
Download the local weather app to your phone to receive regular updates in case you lose power, or have a battery-operated radio on hand in case your phone dies.
Encourage staff and residents to obtain as much water, batteries, toiletries, etc. as possible to plan for a minimum of three days without power. (Don’t forget your pet supplies!)
If there is damage after a hurricane, take pictures and write down any important details that may be helpful to describe the damage. Notify your insurance company and CAHEC immediately.

How Hackers are Building Digital Profiles

Written By: Net Friends, an IT Partner of CAHEC

Recent cyberattacks on major companies like CDK Global and AT&T have exposed sensitive personal data, highlighting this growing threat. The vast collection of interconnected personal information enables hackers to build detailed profiles for highly targeted and effective attacks.

How can you protect yourself?

Be vigilant: Be wary of unsolicited emails, even if they appear to be from someone you know.
Verify information: If an email requests personal information, contact the organization directly through a verified channel.
Enable two-factor authentication: This adds an extra layer of security to your online accounts.
Keep software updated: Stay protected against the latest threats by installing software updates promptly.
Create strong, unique passwords: Avoid using the same password for multiple accounts.
Back up your data: Regular backups can help mitigate the impact of a data breach.
Incident response planning: Know who you will contact and first steps you should take if there is a security incident

Remember, the best defense against cyberattacks is a healthy dose of skepticism. If something seems suspicious, it probably is.

Our IT partner, Net Friends, recommends reading Social Engineering 101: Understanding Common Tactics for more tips on how to protect yourself from these attacks.

Move-In and Recertification Paperwork:

Tips From Our Experts

CAHEC works closely with our partners to provide ongoing support throughout a property's compliance period. Two important steps in this process are to ensure all residents are qualified at move-in, and that they continue to remain in compliance each year during their recertification. Our team of Asset Managers collaborates with management companies and other industry experts to review all documentation to ensure each tenant is qualified and tax credits are not jeopardized.

Check out the video below from our Asset Management team, where they share ten tips to avoid common mistakes and ensure your team always submits the best file documentation possible.

Portfolio Highlights

CAHEC has added the following properties to our portfolio:

Bee Creek Crossing - Murray, KY; 60-unit New Construction for seniors; Developer: Spire Development

The Peaks at Lexington - Lexington, SC; 78-unit New Construction for families; Developer: Resource Housing Group, LLC

Congratulations to the following property on achieving 100% occupancy:

Pine Ridge Place - Polkton, NC

This institution is an equal opportunity provider.

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