Blockchain Registration Transaction Record

CAHEC Hires Ed Stone as SVP of Syndications to Boost Affordable Housing Efforts

CAHEC appoints Ed Stone as Senior VP of Syndications to lead affordable housing initiatives. With 25+ years in LIHTC, he aims to strengthen community development in the Southeast and Mid-Atlantic.

This appointment matters because it directly impacts the availability and quality of affordable housing in the Southeast and Mid-Atlantic regions. With Stone's extensive experience in LIHTC equity and asset management, CAHEC is poised to enhance its syndication strategies, potentially leading to increased funding for affordable housing projects. This could result in more homes for low-income families, improved community services, and stronger economic stability in underserved areas. Given the ongoing housing affordability crisis, such leadership moves are crucial for driving tangible progress and ensuring that organizations like CAHEC can effectively address community needs through innovative financial solutions.