Curated News
By: NewsRamp Editorial Staff
April 12, 2025
CAHEC Expands Community Impact in 2024
TLDR
- CAHEC's expansion added 59 properties and 2,896 housing units, securing a competitive edge in the affordable housing market.
- CAHEC's growth through syndication and investments in community facilities ensures sustainable development and impactful programs.
- CAHEC's commitment to affordable housing and community initiatives improves the lives of 7,620 residents and empowers low-income individuals.
- CAHEC's impactful programs provided 102,000 meals, 250 summer camp scholarships, and $18 million to support community initiatives in 2024.
Impact - Why it Matters
This news matters as it showcases CAHEC's commitment to providing affordable housing and supporting low-income residents throughout the Southeast and Mid-Atlantic regions. The expansion of their portfolio and successful community initiatives highlight the organization's dedication to creating positive change and long-term sustainability.
Summary
CAHEC reflects on their impact in 2024, expanding their syndication portfolio with 59 properties, adding 2,896 affordable housing units. President Dana Boole emphasized the organization's vision of community investment and sustainability. Highlights include $438,875 in community investments, $50 million in NMTC allocations, and a successful Partners Conference.
Source Statement
This curated news summary relied on this press release disributed by 24-7 Press Release. Read the source press release here, CAHEC Expands Community Impact in 2024
