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CAHEC Connection
June 2019
In This Issue
PartnersConferenceCAHEC's 18th Annual Partners  Conference a Big Success

This year, we reached record attendance with over 500 attendees at the 18th Annual CAHEC Partners Conference on Tuesday, June 4, and Wednesday, June 5, at the  Grandover Resort & Conference Center  in Greensboro, NC. Attendees were offered an amazing line-up of speakers and sessions, with topics ranging from Lessons Learned from Natural Disasters to The Pros and Cons of Income Averaging.


One of the highlights of the conference was the Tuesday evening welcome reception, where guests gathered on the Outdoor Lawn for a 60's themed event. Attendees broke out their tie-dye and fringe for a night filled with groovy food, drinks, games, and a photo booth. We also invited DJ Randy back again this year from  Bunn DJ Company  to ensure the atmosphere stayed lively with a mix of hits from the 1960's and today!
 
CAHEC would like to thank the 89 sponsors that supported the 2019 Annual CAHEC Partners Conference this year. With your support, we can continue offering this valuable event at no cost to attendees.

If you missed any part of the conference or want to relive the festivities, the pictures can be found on our  Facebook page. If you would like to download the presentation materials from one of our 15 sessions, please visit the conference section of our website.

awardCongrats to our 2019 Award Recipients!

On Wednesday, June 5, CAHEC hosted the annual CAHEC Awards ceremony as part of the Partners Appreciation Luncheon for attendees. For the past 18 years, we have been privileged to recognize individuals and organizations for their significant contribution to the affordable housing industry.

CAHEC is pleased to share the winners of the 2019 CAHEC Awards:
  • Investor of the Year: Freddie Mac
  • Excellence in Supportive Housing: Sky Hope Recovery Center, Somerset, Kentucky
  • Outstanding Community Impact: Robinson Grand Performing Arts Center, Clarksburg, West Virginia
  • Resident Spotlight: Gerald Tubbs, Jr., Parkside Apartments, Lexington, Kentucky
  • Lifetime Achievement in Affordable Housing: Roger Earnhardt
During the awards ceremony, a video highlighting each winner's impactful story was shown. We hope you take a few minutes to watch and share each recipients video.

MIAMission in Action
  • A special thank you to our partners who helped with the CAHEC Foundation's canned fruit drive to help Stop Summer Hunger! Thank you to Pendergraph Companies, Prosource Fitness Equipment, The LEEdership Institute, Greystone, United Property Management, Excel Property Management, and Evergreen Construction for their donations to help us meet our 1,000 can goal!

 

  • Congrats to Springhill Apartments in Staunton, VA, on receiving $6,500 through the CAHEC Foundation's Rex Williams Wellness Grant. Funding was used to help provide quality exercise equipment for their on-site wellness room. We are sure the residents will love this amenity.
OpenDoorsOpen Doors Homeownership Grant Deadline: July 31

There is still time to share CAHEC's  Open Doors Homeownership Grant opportunity! This year, we are offering three grants totaling $50,000 to nonprofit organizations engaged in developing for-sale affordable housing to low-income households - one at $25,000; one at $15,000; and one at $10,000. Applications must be submitted through our online  application portal by July 31 to be considered.

 
For questions about this grant, contact Stefanie Lee at  slee@cahec.com or 919-645-9825.


PortfolioHighlightsPortfolio Highlights
Expanding our Portfolio

CAHEC has added the following properties to our portfolio:

New Construction

East Haven Apartments - Swannanoa, NC; 95 units for families; Developer: Mountain Housing Opportunities

Muirs Landing - Greensboro , NC; 72 units for families;  Developer: Affordable Housing Management, Inc.

West Village - Huntington, WV; 47 units for seniors; Developer: Pison Development

Acquisition / Rehabilitation

South Line at Perry Place - Petersburg , VA; 226 units for families;  Developer: 110 South Perry Developer, LLC

Fully Qualified

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

Enfield Pointe - Enfield, NC



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

June 17-19 CHAM Conference - Nashville, TN

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This institution is an equal opportunity provider.