CAHEC Connection: Your CAHEC Newsletter

Over the past couple of years, CAHEC has had the vision of expanding our outreach through the CAHEC Foundation. We are excited to share our vision in action as we implement a new initiative this summer. Through the CAHEC Foundation, we plan to offer impactful opportunities that reach not only residents of CAHEC-sponsored properties, but also the people and communities that surround them.

Our first plan of outreach includes a partnership with the Food Bank of Central and Eastern North Carolina. Through their Summer Feeding Program, we will provide a nutritional lunch to students during the months they are out of school. We realize many children within our properties receive low or reduced-cost lunch during the school year, which helps parents stretch their monthly food budgets. During the summer, these families often struggle to feed their children while also managing their other monthly expenses. To help alleviate some of this stress, we've partnered with the food bank to provide at least three lunches per week to students throughout the summer. Our goal is to expand this outreach to help children, families, and seniors in need of nutritional assistance throughout the year.

The CAHEC Foundation also plans to establish a scholarship fund that will provide substantial funding to students entering college out of high school. This initiative will be available to low-income students living within CAHEC's footprint and will launch early next year. Our staff is excited to explore and implement other wellness and education programs that will benefit the residents throughout the communities we serve.

We will keep our partners informed as we develop these new and empowering initiatives through the CAHEC Foundation. To learn more about the CAHEC Foundation, including making a donation, please contact Stefanie Lee at (919) 645-9825 or slee@cahec.com.

Our Mission in Action

CAHEC is more than a provider of equity financing. We are committed to being a relevant presence within the communities we serve by supporting a number of initiatives that provide sustainable opportunities such as loans, grants, and our unique Community Investments to our partners.

Congratulations to Chatham Mill Apartments in Winston-Salem, NC, on receiving $8,500 through CAHEC's Rex Williams Wellness Grant! This grant helped provide three spin bikes, a recumbent bike, and a six-pack functional trainer for residents to use in the property's wellness room.

CAHEC is currently accepting applications for our 2016 Open Doors Homeownership Grant! A total of $50,000 in grant funding is available to nonprofit organizations developing for-sale affordable housing to low-income households. Applications must be submitted through our online application portal by July 31 to be considered.

Brian Oxford, CAHEC's Senior New Markets Manager, participated on the UNC Department of City and Regional Planning admitted students open house career panel on April 1. He shared how his experience in the master's program prepared him for working in affordable housing and community development finance at CAHEC. We are proud to have staff like this on board to share their knowledge on the affordable housing industry and the importance of education.

Our Community Investments staff conducts educational orientations to assist our partners with selecting CAHEC wellness and education grants. To schedule an orientation, or for assistance with CAHEC's Community Investments, please contact Stefanie Lee at 919-645-9825 or slee@cahec.com. A detailed overview of our Community Investments grants can be found on our website.

CAHEC Receives 2015 Neil Blair Award from InterAct

On Saturday, April 9, CAHEC was on hand to receive the 2015 Neil Blair Award from InterAct at their annual Volunteer Appreciation Luncheon. This prestigious award is given to community members who advocate for and support the empowerment of victims of domestic and sexual violence through their volunteerism. CAHEC has partnered with InterAct for the past two years through our Team Outreach program, where CAHEC staff members volunteer time at local organizations who share similar missions to our own. We are honored to be recipients of such a fantastic award and look forward to continuing our partnership with InterAct in the future.

Register for the 2016 CAHEC Partners Conference

The 2016 CAHEC Partners Conference is just over a month away! Join us on Tuesday, May 24, and Wednesday, May 25, at the Raleigh Convention Center as we gather to learn about changes in the tax credit arena, network with industry leaders, and relax at the networking events.

This year, in addition to the educational sessions and CAHEC Awards Luncheon, CAHEC invites our attendees to put on their cowboy boots and western gear and join us on Tuesday evening in the State Ballroom at the Raleigh Marriott City Center for a western-themed dinner and celebration!

For complete conference information, including lodging, agenda, and registration links, please visit our conference webpage. We look forward to seeing all our partners at this great event!

CAHEC on the Road

CAHEC will be attending the following upcoming events:

Palmetto Housing Forum - April 19-20 - Columbia, SC
Georgia Affordable Housing Coalition Spring Meeting - April 21 - Atlanta, GA
Carolinas Council for Affordable Housing Conference - April 24-26 - Myrtle Beach, SC
CohnReznick NMTC Summit - May 8-11 - Miami, FL