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CAHEC Connection                                           April 2019

In This Issue

You may have seen some new faces and/or heard new names at CAHEC over the past six months. Our team is continuously growing and we're excited to officially introduce some of the newest members of our Asset Management department!

Pictured, left to right: George Rapp, Manager, Asset Management; Steven Yeary, Construction Manager; David Miller, Asset Manager; Rachel Young, Asset Manager. 

Sonya Prear, our Vice President, Asset Management, is proud of her team's expansion. "I'm excited to have them join CAHEC. They each bring unique skills to the Asset Management department and are valuable members of our team."

Read more about each of our new hires here

Have you registered for this year's Partners Conference yet? We have an amazing line up of speakers and session topics this year. Debbie Phillips is back again to kick off our conference on Tuesday, June 5, as our opening session plenary speaker. Her session, The Breakfast of Champions , will provide tips for starting your day off right to create a positive mindset and how to reach your goals. Also on Tuesday, several CAHEC staff will be lending their expertise as speakers for two sessions - Budgeting & Managing Property Operating Costs and CAHEC Site Inspections: How to Prepare for Them and What to Expect . A perfect end to your day is our evening Reception & Dinner on the Grandover Resort Outdoor Lawn. There will be plenty of food, fun, and music to dance the night away.

After a good night's sleep and a delicious breakfast, you will be ready for all the sessions day two has to offer. Construction Costs: What is in Your Future will address the ever-evolving construction industry and the factors that impact costs during development. The Opioid Epidemic will be another popular session this year. Presented by the Franklin County Sheriff's office, attendees will hear a discussion on the opioid epidemic and learn tips on what to look out for at your property. 

While these are just a few samplings of what you can expect at the upcoming CAHEC Partners Conference, we're offering 15 incredible sessions that will cover a variety of industry topics. We hope you will join us on June 4-5 in Greensboro, NC, at the Grandover Resort & Conference Center Visit our conference website for the full agenda and registration information.

MIAMission in Action
  • Last week, several CAHEC staff attended the groundbreaking ceremonies for Cascade Gardens in Mooresville, NC, and Prosperity Ridge in Kannapolis, NC. CAHEC is proud to be part of these two developments that collectively will provide 128 units  of affordable housing for senior residents.
  • Congrats to Cypress Cove in Wilmington, NC, and Hunter Oaks in Seneca, SC, on being awarded an Active Lifestyle Grant from the CAHEC Foundation. Each property installed youth playgrounds that will provide a safe place for residents to stay active outdoors. We are sure the families will love these great amenities!
PortfolioPortfolio Highlights
Expanding our Portfolio

CAHEC has added the following properties to our portfolio:

New Construction

Killian Terrace Apartments  - Columbia, SC; 288 units for families; Developer: Flatiron Partners, LLC / Classic Development Company, LLC

Acquisition / Rehab

Fairmeadow Apartments - Latta, SC; 24 units for seniors; Developer: WWJ, LLC

Oakwood Manor Apartments - Bennettsville, SC; 24 units for seniors; Developer: WWJ, LLC

Fully Qualified

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

Logan Senior Apartments - Logan, WV

OnTheRoadOn the Road
CAHEC will be attending the following upcoming events:

April 28-30 Carolinas Council for Affordable Housing Annual Meeting - Myrtle Beach, SC
May 8-9 SAHMA Meeting - Greensboro, NC
May 14-15 BMI Conference - Columbia, SC

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This institution is an equal opportunity provider.