On Sunday, August 31, a fire devastated Adair Place Apartments, one of our communities in Goldsboro, NC. The fire displaced 50 residents, many of whom lost most, if not all, of their belongings. "When we hear about a tragedy like this, our team immediately connects with partners to assess the situation and see how we can help," said Stefanie Lee, Community Relations Manager for CAHEC. "The well-being of our residents is always our priority, and we want them to know they are not facing this alone."

The Goldsboro community quickly rallied to support those affected. A local church offered to help with temporary housing, while local businesses and community members stepped in to donate food items, clothing, school supplies, and other essentials. "It's been inspiring to see so many people come together to support our residents," shared Teresa Narron, Director of Operations for Pendergraph Management. "The generosity of this community is making a real difference for families who are starting over."

Through CAHEC's Disaster Relief Initiative, we provide immediate assistance to displaced residents. With the support of Remnant Management, Centrant Community Capital, First Bank, and many individual donors, we will be distributing gift cards so families can purchase the items they need most. Because of this collective effort, CAHEC nearly tripled our contribution to the property, ensuring families had greater support during this critical time.

This year, as part of CAHEC's Youth Leadership Initiative, we partnered with the YMCA of Richmond to offer a book fair to youth attending summer camp. Over the course of the summer, nearly 170 children attending the YMCA's camp program had the opportunity to select 3-5 age-appropriate books each to take home, along with essential school supplies to help them prepare for the upcoming school year.

Thanks to generous support from our community partners - Yardi, Scott Insurance, and Bernard Robinson & Company - we were able to provide these resources at absolutely no cost to families.

Why is this important? Research shows that students from low-income families can lose up to two months of reading achievement over the summer - this is known as the "summer learning gap." Access to books at home is one of the most effective ways to overcome this obstacle. By giving students books they’re excited to read, we’re not just filling their shelves at home, we’re helping build literacy skills, confidence, and setting them up for success for the upcoming school year.

Believe it or not, we're starting to plan the 2026 CAHEC Partners Conference, and we'd like your input! We pride ourselves on offering sessions with dynamic speakers that will highlight our industry while also providing relevant insight on current trends. If you have an idea for a session, or if you know of an incredible speaker that could join us, please reach out to Stefanie Lee at slee@cahec.com. We look forward to making the 2026 CAHEC Partners Conference the best one yet!

CAHEC has added the following property to our portfolio:

Abbott Crossing - Goldsboro, NC; 48-unit New Construction for families; Developer: Wallick Development, LLC

Jersey Park Apartments - Smithfield, VA; 80-unit Acq/Rehab for families; Developer: Green Street Housing

King's Way - Valley, AL; 56-unit New Construction for Seniors 55+; Developer: Rowlett & Company and CAPNA

Lynhaven Ridge - Richmond, VA; 50-unit New Construction for families; Developer: Surber Development and Consulting LLC (with Spanish Oak LLC and YWCA Richmond)

Mayes Farm - Four Oaks, NC; 60-unit New Construction for families; Developer: Pendergraph Development

Vandalia Acres - Greensboro, NC; 84-unit New Construction for families; Developer: Affordable Housing Management, Inc.

CAHEC Capital closed the following loan:

Bridge Loan - Jersey Park Apartments - Smithfield, VA; 80-unit Acq/Rehab for families; Developer: Green Street Housing

Congrats to the following property on achieving 100% occupancy:

Four Pointe Apartments - Richmond, KY