With much excitement and anticipation for the year ahead, the CAHEC Capital Board of Directors gathered in Raleigh on Friday, February 22, 2019, for its annual board meeting. The meeting brought its five members together from around the southeast to strategize for 2019. The Board of Directors  provides strategic oversight and corporate governance to CAHEC Capital, and serves as the final approval authority for all loans originated by CAHEC Capital. Please take a minute to meet CAHEC Capital's outstanding Board of Directors including our two most recent Directors that were appointed in January 2019 - Joel Brockmann and Dawn DeHart. 
Joel Brockmann  was appointed to the CAHEC Capital Board in January 2019. Mr. Brockmann is the Assistant Vice President and Production Manager at FHLBank Atlanta. He is responsible for the day-to-day operations of the affordable housing homeownership and development products, as well as the development and implementation of new products. Prior to joining the bank in 2009, Mr. Brockmann developed affordable and market-rate multifamily properties throughout the United States. Additionally, he has a strong knowledge of LIHTC and real estate lending. Mr. Brockmann has also served on the boards of several nonprofit organizations. He earned his undergraduate degree in architecture from Kansas State University and a Master of Business Administration in real estate from Georgia State University.
Dawn DeHart  was appointed to the CAHEC Capital Board of Directors in January 2019. Ms. DeHart is the Senior Vice President and Director of Community Development Lending at Carter Bank & Trust headquartered in Martinsville, Virginia, where her lending territory covers Virginia and North Carolina. Ms. DeHart has extensive knowledge in affordable housing lending and a working knowledge of government credit enhancement programs for small business needs and community facilities. Prior to joining Carter Bank and Trust in March 2017, she was the Senior Vice President at Virginia Community Capital (a CDFI) where she provided financing to nonprofit housing organizations, LIHTC developers, and small businesses. In addition, she has expertise with the New Markets Tax Credit program. While at Virginia Community Capital, she deployed $35 million in Virginia with a focus on rural healthcare.  Ms. DeHart is a graduate of Virginia Tech with a degree in business administration.
Paul Kennedy  was appointed to the CAHEC Capital Board of Directors in October 2017. He has over 40 years' experience in the banking industry working with four different financial institutions before his retirement in 2017.  Prior to retirement, Paul served as a Commercial Lending Officer at Carolina Bank in Greensboro, NC, specializing in construction lending for both LIHTC and market rate developments across a multi-state footprint.  Mr. Kennedy has also served on Centrant Community Capital's Board of Directors (formerly known as Community Investment Corporation of the Carolina's or "CICCAR") for approximately 15 years and served as their Chairman of the Board for 6 years. Mr. Kennedy currently sits on the Board of Directors for North Carolina Housing Finance Agency (NCHFA), and he was recently elected to the National Conference of State Housing Boards (NCSHB) Board of Directors. Mr. Kennedy received bachelor's degrees from Colgate University in Hamilton, New York, and University of Texas at El Paso, Texas, and a Master of Business Administration from Northeastern University in Boston, Massachusetts. 
Bob Landis  joined CAHEC in September 2015 and serves as the Senior Vice President for both CAHEC and CAHEC Capital. As SVP of CAHEC Capital, Mr. Landis acts in a legal capacity including executing loan commitment letters, loan documents, and other legal and organizational documents. He is also responsible for guidance and oversight of CAHEC's acquisition, risk, asset, and investment fund management activities. A veteran of the multifamily industry with experience throughout the United States, Mr. Landis has held senior operational and asset management roles with several national affordable housing syndicators, real estate development/management organizations, and both private and public real estate investment trusts. Mr. Landis has experience in all sectors of the industry including market rate, student housing, public housing, HUD, and LIHTC assets. Mr. Landis is currently a member of and former Chairman of the Board of Governors for the, Housing Credit Certified Professional (HCCP) credential sponsored by the National Association of Home Builders. He holds several professional certifications and designations including: certificate in historic preservation from the University of Virginia Housing Credit Certified Professional (HCCP), Institute of Real Estate Management Certified Property Manager (CPM), and Phi Beta Kappa. Mr. Landis is a graduate of the University of Delaware, magna cum laude, and the School of Architecture at the University of Virginia with a master's degree in planning, emphasis on housing and community development.
Tanya Wolfram  was appointed to the CAHEC Capital Board in April 2015. Ms. Wolfram has served as the Director of Programs for Reinvestment Partners since 2016. Reinvestment Partners is a nonprofit community development corporation with a mission to foster healthy and just communities by empowering people, improving places, and influencing policy. Reinvestment Partners addresses the problems of poverty and social injustice in the areas of food, housing, community development, health, and financial services. Ms. Wolfram has more than 15 years of experience in community development, including real estate development, policy analysis, and community relations. Prior to returning to North Carolina, Ms. Wolfram worked as the Senior Manager of Community Relations in Morgan Stanley's Office of Community Reinvestment. She also worked as an Associate at Cherokee Northeast, working on large-scale real estate brownfield redevelopment projects. Ms. Wolfram received her Master of Public Policy from Duke University and graduated magna cum laude from Brown University.
Since originating its first loan in December 2015, CAHEC Capital has provided predevelopment and bridge financing to LIHTC developments totaling $24.3 million. These loans have aided in the construction and development of approximately 2,400 affordable housing units across five states. 
For more information regarding CAHEC Capital and its loan programs contact Dana Boole at 919-788-1803 or dboole@cahec.com.