Curated News
By: NewsRamp Editorial Staff
January 22, 2026
CAHEC Hires Ed Stone as SVP of Syndications to Boost Affordable Housing Efforts
TLDR
- CAHEC gains strategic advantage by hiring Ed Stone as Senior Vice President of Syndications, leveraging his 25+ years of LIHTC experience to strengthen industry position.
- Ed Stone will lead CAHEC's Syndications team, applying his expertise in streamlining investment processes and managing portfolios to enhance operational performance.
- CAHEC's appointment supports affordable housing initiatives, using Stone's leadership to expand community development and improve resident services across Southeast and Mid-Atlantic regions.
- Ed Stone previously closed over $1.3 billion annually in LIHTC equity and helped Fannie Mae re-enter the market after a ten-year absence.
Impact - Why it Matters
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.
Summary
CAHEC, a prominent community development organization focused on affordable housing in the Southeast and Mid-Atlantic regions, has made a significant strategic hire by welcoming Ed Stone as Senior Vice President of Syndications, effective January 12, 2026. Stone brings over 25 years of specialized experience in Low-Income Housing Tax Credit (LIHTC) equity, credit, and asset management, positioning him to provide crucial leadership for CAHEC's Syndications team. His appointment, announced by President & CEO Dana Boole, is expected to strengthen CAHEC's competitive advantage in the industry through his proven expertise in investor relations, credit portfolio performance, and team coaching.
Stone joins CAHEC from CREA, where he served as Chief Credit Officer from 2021 to 2025, during which he fostered a culture of efficiency by streamlining and automating key investment diligence processes. Under his leadership at CREA, the organization closed more than $1.3 billion annually in LIHTC equity, demonstrating his capacity to drive substantial financial outcomes. Prior to CREA, Stone spent over a decade at Fannie Mae in senior roles, including Director of Equity and Structured Asset Management and Senior Director of Equity Investments, where he oversaw equity investment portfolios and played a pivotal role in re-entering the LIHTC market after a ten-year absence.
CAHEC's diverse portfolio includes low-income housing tax credits, historic tax credits, new markets tax credits, renewable energy credits, loan programs, wellness initiatives, and property management services, all aimed at strengthening communities through affordable housing. With Stone's appointment, CAHEC anticipates continued momentum and success in 2026, leveraging his growth mindset and investor intuition to enhance strategic performance. For more details on their contributions to affordable housing and surrounding communities, interested parties can visit CAHEC's website to explore their comprehensive initiatives and impact.
Source Statement
This curated news summary relied on content disributed by 24-7 Press Release. Read the original source here, CAHEC Hires Ed Stone as SVP of Syndications to Boost Affordable Housing Efforts
