About Community Affordable Housing Equity
To strengthen communities by providing affordable housing and creating opportunities for growth and revitalization through collaborative partnerships, innovative investments, and supportive service initiatives, primarily by investing in qualified tax credit products.
Focus Areas
Affordable housingCommunity developmentLow-income housing tax credits (LIHTC)New Markets Tax Credits (NMTC)Historic tax creditsLending / CDFI loan programsProperty managementResident wellness and educationGrants for CAHEC-sponsored properties
Who They Fund
prospective/homebuyerscommunity members engaging in wellness/physical activity
About Community Affordable Housing Equity
Community Affordable Housing Equity Corporation’s giving is tightly tied to affordable housing development and the resident life inside those properties. A defining thread is the Open Doors Homeownership Grant, which appears in multiple years for Habitat for Humanity affiliates and other housing groups, alongside property-level support for wellness rooms and recreation spaces at CAHEC-sponsored LIHTC properties. That combination shows a funder working both on access to housing and on the community infrastructure that surrounds it. The foundation also supports homeownership-related work and resident programming through grants such as $25,000 to Habitat for Humanity of Durham Inc for its Open Doors Homeownership Grant and $25,000 to Asheville Area Habitat for Humanity for the same purpose. Its active lifestyle funding reaches apartment and housing entities in several states, indicating a recurring pattern of support for amenities, recreation areas, and resident wellness rather than single-purpose philanthropy. The organization’s active grant programs include community grants tied to New Markets Tax Credit investments, bridge and predevelopment financing through CAHEC Capital, Inc., and partner grants for resident-focused projects. Across those channels, the common theme is strengthening communities through housing-linked investments and direct service support.
What Community Affordable Housing Equity Funds
Homeownership assistance is a visible part of the foundation’s portfolio. It awarded $25,000 to Habitat for Humanity of Durham Inc for an Open Doors Homeownership Grant and also supported Asheville Area Habitat for Humanity with the same grant type. A separate grant went to The Housing Assistance Corporation in Hendersonville, NC for Open Doors Homeownership Grant work. Resident wellness and recreation are another consistent theme. The foundation gave $15,000 to Oak View At Siler City LLC for an Active Lifestyle Grant, and $14,160 to Forest Glen Apartments LLC in Charlotte for the same category. Its partner-grant structure also includes wellness-room upfitting and recreation-area support at CAHEC-sponsored properties. Community development appears through support linked to tax-credit investments. The New Markets Community Grant is designed to accompany New Markets Tax Credit activity and is aimed at youth and young adult wellness, education, workforce, and community services.
Financial Snapshot
Annual Giving
$362K
Total Assets
$25.1M
Total Revenue
$15.7M
Total Expenses
$17.3M
Typical Grant Size
Most grants fall between $8K and $15K, with a median of $13K.
25th Percentile
$8K
Median
$13K
75th Percentile
$15K
Geographic Reach
Regional11 states funded
Funding intensity
LowHigh
Headquarters
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