The lack of affordable housing in the U.S. is one of the greatest challenges of our time. The problem is deeply complex and the hardship touches every community across the nation. There are thousands of people working every day to mitigate and solve this crisis and they do this because they believe passionately that everyone deserves a safe, affordable place to call home. Nonprofit housing development organizations and governmental entities work tirelessly to improve housing opportunities and they do this without fanfare or respite.

As a Community Development Financial Institution, Community Housing Capital serves the NeighborWorks America network of nearly 250 independent, nonprofit organizations that implement comprehensive approaches to affordable housing and community development. We recently attended a NeighborWorks Training Institute in New Orleans that provided us an opportunity to shine a light on just a few individuals that represent the #everydayheroesofaffordablehousing.

We hope this campaign inspires other housing organizations to shine a light of recognition on the many professionals that work to improve housing conditions in their communities.

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Jack Gilbert Lifetime NNA 2019 Achievement Award

Please join Community Housing Capital (CHC) in congratulating Jack Gilbert, CHC's founding president and chief executive officer for receiving the National NeighborWorks® Association (NNA) Richard H. Stallings Lifetime Achievement Award on March 13, 2019, at the NeighborWorks Executive Symposium in Washington, DC. This prestigious, national award is peer nominated in recognition of a history of outstanding accomplishments and contributions in the affordable housing industry and the NeighborWorks Network.

Kara Hay Penquis CEO and Community Housing Capital Board member received NNA 2019 Practitioner of the Year AwardCommunity Housing Capital (CHC) is proud to announce that Kary Hay, Penquis CEO and CHC board member, has been awarded the National NeighborWorks® Association (NNA) Practitioner of the Year Award on March 13, 2019, at the NeighborWorks Executive Symposium in Washington, DC. The Practitioner of the Year Award recognizes an executive director, staff, or board member for a recent accomplishment or contribution to the affordable housing industry and the NeighborWorks Network. Read More

Photo Courtesy Village Soup

Decatur, GA ― Following the recent retirement of Community Housing Capital’s (CHC) founding President and CEO, Jack Gilbert and Chief Financial Officer, Brent Lee, the company is pleased to announce its newly-named executive leadership team. Cindy Holler was selected as President and Chief Executive Officer and Arif Rizvi has joined CHC as Senior Vice President and Chief Financial Officer. Ms. Holler has created a dynamic team to lead CHC with the naming of Dana Chestnut, SVP/Chief Loan Officer; Alvin Saafir, SVP/ Chief Credit Officer; Debbie Campbell, SVP/Chief Communications Officer; and Debra Turner, SVP/ Chief Loan Administrator.

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Nov 16, 2017 MacArthur Foundation 

Lessons Learned from MacArthur's Investment in Housing Research

When cities strive to improve the lives of their residents, they often focus on issues such as schools, parks, jobs, or, health. Yet often overlooked is something equally fundamental. Trace the lineage of many social welfare issues today, and you will likely uncover a history of substandard, unaffordable housing. As research increasingly shows, housing that is safe and affordable and in a strong and thriving neighborhood is a launching pad to upward mobility for families. Read More

Why we Need the CDFI Fund by Jason Battista, Mercy Loan Fund and David Landis, Community Housing Capital

March 9, 2017:

This article was written by Jason Battista, President of Mercy Loan Fund, and David Landis, Senior Vice President and Chief Operating Officer of Community Housing Capital.

Last week, we saw the current administration’s first budget proposal, which calls for a $54 billion increase in military spending, funded by cuts to nonmilitary programs.

The New York Times reported that, as part of these cuts, the U.S. Treasury’s Community Development Financial Institution (CDFI) Fund (“the Fund”) will be “all but eliminated.”

While it is unlikely that the budget proposal will be finalized in its current form, these reports still concern us.

If we “all but eliminate” the Fund, we “all but eliminate” countless opportunities for people living in poverty.

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On September 22, 2016, the US Treasury Department announced through the CDFI Fund that Community Housing Capital (CHC) was among 23 Community Development Financial Institutions (CDFIs) to receive an award from the 2016 Capital Magnet Fund. The $3,750,000 award will be used to help finance the development and preservation of affordable housing for low- to extremely low-income families.

The Capital Magnet Fund provides competitively awarded equity grants to CDFIs and qualified nonprofit housing organizations to develop, rehabilitate, preserve, and purchase affordable housing. "Affordable housing remains out of reach for far too many Americans," said Antonio Weiss, counselor to Treasury Secretary Jacob J. Lew. "This funding will enable organizations across the country to expand access to affordable housing and help meet the critical needs of thousands of families."

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Community Housing Capital Announces $100 Million Multi-Bank Syndicated Credit Facility to Finance the Development and Preservation of Affordable Housing

Published: July 20, 2015 12:30 p.m. ET

DECATUR, GA, Jul 20, 2015 -- Community Housing Capital (CHC), a national community development financial institution intermediary that provides affordable housing financing exclusively to the NeighborWorks® Network, announced today the capitalization of an innovative $100 million multi-bank syndicated credit facility to finance the development and preservation of affordable housing. Together with CHC, Morgan Stanley led the creation of the facility, and other investors include Branch Banking and Trust Company (BB&T); Carver Federal Saving Bank; Charles Schwab; Deutsche Bank; HSBC; JPMorgan Chase; and Wells Fargo.

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