CAHEC New Markets in the News:

DC Central Kitchen Moving to New Location

 

CAHEC New Markets utilizes its New Markets Tax Credit allocations to help finance community facility projects throughout the Southeast and mid-Atlantic. Last month, DC Central Kitchen, one of CAHEC New Markets' most recent investments, announced its expansion into a 36,000 square foot facility. As a result of the facility expansion, DC Central Kitchen will expand its Culinary Job Training program for adults and opportunity youth by 150 percent, create 50 new jobs, expand its volunteer network from 16,000 to 25,000 volunteers annually, and generate over $200 million in annual financial impact for the community by 2025. 


We're proud to have played a role in this expansion and look forward to seeing the positive impact DC Central Kitchen continues to make in their community!

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2023 CAHEC Partners Conference: Save the Date!

We're excited to announce our 20th annual CAHEC Partners Conference will be held on June 6-7, 2023, at the Raleigh Convention Center in downtown Raleigh! This event will feature informational sessions, a fun-filled welcome dinner, and plenty of networking opportunities. If you missed our 2022 conference, make sure you check out the recap video below and then mark your calendar for next year's event!

Watch Recap Video
 

New Faces at CAHEC

We're excited to introduce five new faces to the CAHEC staff! Each of these new additions bring a tremendous amount of knowledge and expertise to their respective departments, and we're so glad they joined our team. We look forward to our partners meeting them over the next few months!

 

Celebrating 30 years at CAHEC

 

Part of the fun of celebrating 30 years at CAHEC has been looking back at old pictures and reminiscing about the past. This collection of staff photos, for instance, has told quite the story of evolution for our organization and its growth. Enjoy!


 
 

Portfolio Highlights

CAHEC has added the following properties to our portfolio:

Acquisition/Rehabilitation


High Pine Apartments - Roanoke, AL; 42 units for families; Developer: Rowlett & Company, LLC / The Bennett Group, LLC / Alabama Council on Human Relations, Inc.

New Construction


The Mark at Woodford - Aiken, SC; 90 units for families; Developer: Fitch Irick SC, LLC

Congratulations to the following properties who have achieved 100% occupancy:

Bentley Apartments - Charleston, WV

Montgomery Commons - Clarksville, TN

South Line at Perry Place - Petersburg, VA

Glade View - Cowan, WV

 

Copyright 2022 CAHEC

This institution is an equal opportunity provider. 

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