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CAHEC has added the following property to our portfolio:
Balsam Edge - Waynesville, NC; 84-unit new construction for families; Developer: Mountain Housing Opportunities
Barton Oaks - Raleigh, NC; 152-unit new construction for families; Developer: Oppidan Incorporated and Affordable Housing Institute
CAHEC New Markets closed the following project:
Old Chicora Cristo Rey Charleston High School - North Charleston, SC; Developer: Metanoia; Metanoia will undertake the historic rehabilitation of a former school, preparing the space to be leased by Cristo Rey Charleston, a nonprofit education organization that combines college-preparatory curriculum for low-income students with professional work experience. Through the Cristo Rey model, every student is paired with a local business and works one day each week, gaining practical skills, mentorship, and support. Cristo Rey Charleston is expected to open in Fall 2027.
Congrats to the following properties on achieving 100% occupancy:
Davis Park Station - Lexington, KY
Four Pointe Apartments - Richmond, KY
Shepherd's Village - Daleville, AL
Valley River Apartments - Murphy, NC
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