Employee Spotlight: Dana Boole
Dana Boole, President & CEO, celebrated his 20-year employment anniversary at CAHEC in early July. Over the course of his twenty years at CAHEC, Dana has seen the organization evolve from being solely a tax credit syndicator to now functioning as a community investment company through the addition of new programs and services. Dana shares that his favorite aspect of working at CAHEC is "CAHEC’s entrepreneurial spirit, quality customer service, and steadfast character" and that the most rewarding part of his job is "when creative ideas result in new initiatives, business lines, and opportunities for our partners - all resulting in the furtherance of our vision."

As President & CEO of the company, Dana oversees numerous functions including overall strategy and operations, ensuring the growth of the company, and furthering CAHEC's mission and vision among others. He recounts always having a drive, passion, and competitive nature, which were strengthened through his previous experience as a commercial real estate broker in Boston. Dana has watched CAHEC expand over the years from a local non-profit to a multi-state organization made up of nearly 50 individuals. Dana expressed that the "growth, independence, and leadership of staff" has been one of the best changes he's witnessed and that "CAHEC is fortunate to have a well-seasoned and high-performing group of individuals and teams."

As this professional milestone was celebrated, Dana reflected back on his time with CAHEC and all the memories he has made. When asked what his favorite moments while working at CAHEC have been, he shared, "Some of my favorite moments while working at CAHEC are the individuals and accomplishments we recognize at our annual Partners Conference award dinner. This event is a time to scan the crowd, embrace the vibe, and think ‘we’ve made a difference.'"

New Faces at CAHEC
We are thrilled to introduce the two newest members of CAHEC!
Salanna Holmes joined CAHEC in June as an Asset Management Analyst. Salanna has a background in data analytics and research, holding both a bachelor'ss in Business Information Technology as well as a master's in Business Administration. Salanna brought with her 15 years of experience in preparing, analyzing, and interpreting data. Her skills and experience will serve her well in this new role, and the Asset Management department is excited to have her on board!
Linda Parker joined CAHEC in mid-June as Finance Specialist. Linda has both a bachelor's in Business Administration and Accounting as well as a master's in Accounting. She has previous experience in both finance and accounting and is planning on completing her CPA license requirements in the near future. The Finance and Operations department is happy to have Linda as their newest team member!
CAHEC Staff Walks for ALS

Every year, CAHEC looks forward to taking part in the local Triangle Walk for ALS in honor of late CAHEC Board member Rex Williams. The event was held virtually this year, so CAHEC staff coordinated to meet up and walk approximately two miles together in honor of Rex and everyone currently battling ALS. To learn more about the Walk to Defeat ALS or the ALS Association's work, click here.
Mission in Action
There is still time to apply for CAHEC's Open Doors Homeownership Grant! A total of $50,000 in grant funding is available to nonprofit organizations developing for-sale affordable housing for low-income households. Applications must be submitted through our online application portal by July 31 to be considered.

New this year: we are implementing a focus area for our funding to assist nonprofit developers in their weatherization efforts.
Portfolio Highlights
Expanding our Portfolio

CAHEC has added the following properties to our portfolio:

New Construction

Wind Crest Apartments - Lumberton, NC; 66 units for seniors; Developer: Pendergraph Development

Acquisition/Rehabilitation

Holly Springs - Richmond, VA; 121 units for families; Developer: Genesis Properties

Cross Creek - South Hill, VA; 19 units for seniors; Developer: Flatiron Partners, LLC


Fully Qualified

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

Regency Commons - Clarion Borough, PA
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This institution is an equal opportunity provider.