Three Nonprofits Receive Open
Doors Homeownership Grants
Since 2004, CAHEC has offered the Open Doors Homeownership Grant to assist nonprofit organizations who develop for-sale affordable housing within our footprint. To date, CAHEC has awarded $710,000 towards this homeownership initiative to help provide housing to families earning 80 percent or less of the area median income.

New this year, we implemented a focus area for our funding to assist nonprofit developers in their weatherization efforts. As our team of grant readers reviewed the applications, we evaluated how each organization was using weatherization to address resident needs, the positive impact the work would have on the community, and the long-term results of their efforts.
We are excited to announce the recipients of CAHEC's 2021 Open Doors Homeownership Grant:


Each of these organizations is making important strides in providing their communities with much-needed affordable housing. To read more about each organization and learn how their efforts will change the lives of residents in their communities, please visit our website.
Cybersecurity Best Practices
for the Affordable Housing Industry
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High-profile cyber attacks like the Microsoft Exchange server hack, the SolarWinds Orion software compromise, and the Colonial Pipeline ransomware attack have highlighted increasing cyber risk for nearly every type of business. Additionally, 2020 brought a massive shift to working from home for many companies due to the COVID-19 pandemic, further exacerbating the increase in frequency and severity of cyber attacks. As a result, the cyber liability insurance market is seeing increased premiums and deductibles and lower coverage limits. The affordable housing industry is certainly not immune to these trends. Our partners at the Scott Insurance Affordable Housing Practice recently released a white paper highlighting the top cyber risks in the Affordable Housing industry with risk mitigation strategies to address today’s cyber threats.
Mission in Action
Our partners at the Humanities Foundation, located in Mount Pleasant, SC, worked really hard to fight hunger for the upcoming holiday season. Through their Turkey Day Giveaway, they raised money to ensure families in their community had a meal for Thanksgiving.

The CAHEC Foundation was a proud supporter of this initiative, which helped provide nearly 1,500 meals to families in need. "While we spearheaded this initiative, we could not have done it without our partners like the CAHEC Foundation," explained Lamar Mowatt, Director of Community and Resident Relations for the Humanities Foundation. "We both believe in paying it forward and we want our communities to know they are not alone. It truly takes a village for any change to take place, and this is just one way of letting our residents know that we are part of their village."

Thank you to the Humanities Foundation for organizing this wonderful initiative!
Portfolio Highlights
Expanding our Portfolio

CAHEC has added the following properties to our portfolio:

Acquisition / Rehab

Seagrove Village - Estill, SC; 25 units for seniors; Developer: WWJ, LLC / CAHEC Development, LLC

Fully Qualified

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

Murdoch Heights - Parkersburg, WV

Copyright 2021 CAHEC
This institution is an equal opportunity provider.