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CAHEC Connection
February 2018
In This Issue
partnerspotlightPartner Spotlight
If  you work in the affordable housing industry, it's easy to become invested in the properties you build. You get caught up in the thrill of providing a new home to a deserving family and witness the positive impact the property will have on the surrounding community. For Tim Morgan, Vice President of Evergreen Construction Company, all these elements play a big role in keeping him motivated to keep going.

"I really enjoy the work I do and like to see it all come together from start to finish. Since Evergreen Construction Company develops, builds, and manages our properties, we are involved throughout the entire process." Tim started working in affordable housing in 1987 and has spent his career serving on various boards and committees - including one of CAHEC's advisory committees. In addition to his local industry work, he often travels to Washington D.C. to advocate for affordable housing.

After joining Evergreen Construction Company in 1994, he helped grow their portfolio to 43 properties. CAHEC is a proud partner on 24 of them. "Our experience with CAHEC has been a good one, even going all the way back to 2000 when we did our first deal." 



The CAHEC Foundation is teaming up with the  National Affordable Housing Management Association (NAHMA) Educational Foundation again this year to offer $25,000 in scholarships to residents living in CAHEC-sponsored properties. In 2017, NAHMA made a tremendous impact in the affordable housing industry, awarding $325,000 in scholarships to students throughout the country.
 
Visit the  NAHMA Educational Foundation website for information on eligibility requirements and the online application process. To help NAHMA recognize CAHEC applicants, residents must type "CAHEC" beside the name of their apartment community on their application. For questions regarding this scholarship, please contact Stefanie Lee at  slee@cahec.com.

MissionMission in Action

  • The CAHEC Foundation is partnering with the North Carolina Bankers Association Foundation's Camp Challenge to offer a week long summer camp experience to middle school students in our footprint. This camp - provided at no cost to families - offers students a variety of traditional camp activities as well as an interactive financial literacy course. To learn more about this great opportunity, please visit the Youth Leadership Initiative section on our website.
  • Planning for the 2018 CAHEC Partner's Conference is underway! Registration and hotel room blocks will officially open on Monday, March 5, so be on the lookout for those details early next month. For information regarding the conference or sponsorship opportunities, contact Amy Green at agreen@cahec.com
cahecteamJoin the CAHEC Team!

Are you looking for a new career opportunity or know someone who is? CAHEC is currently recruiting for the following positions:
  • Acquisitions Analyst
  • Acquisitions Manager
  • Asset Manager
  • Fund Analyst
  • Vice President, Risk Management (Underwriting Emphasis)
For a description on each of these career opportunities, please visit our website. Interested applicants should submit their resume, cover letter, and application to CAHEC's Human Resources department. 


PortfolioHighlightsPortfolio Highlights
Expanding our Portfolio

CAHEC has added the following properties to our portfolio:

New Construction

Arlington Lofts  - Lexington, KY; 81 units for families; Developer: Nicol Development Company, LLC 

Keswick Apartments - Spotsylvania, VA; 120 units for families; Developer: The Humanities Foundation, Inc. 

Westridge Apartments - Greenville, SC; 52 units for families; Developer: Flatiron Partners, LLC and Classic Development Company, LLC


CAHEConRoadCAHEC on the Road

CAHEC will be attending the following upcoming events:

March 1
2018 QAP Application Workshop - Atlanta, GA

quick-linksQuick Links


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Copyright 2018 Community Affordable Housing Equity Corporation 

This institution is an equal opportunity provider.