Newest Recovery Center Honored by CAHEC
Recovery Kentucky’s newest center for women—Sky Hope in Somerset, Kentucky—was presented with the “2019 Excellence in Supportive Housing Award” at the annual CAHEC awards ceremony June 5th in Greensboro, North Carolina. It is the 18th year that CAHEC (the Community Affordable Housing Equity Corporation) has recognized “outstanding organizations and individuals for their contributions to the affordable housing and community development industry.”
Founded in 1992 and headquartered in Raleigh, North Carolina, CAHEC has granted more than $14 million and lent more than $88 million to residents, communities, and other organizations that share its mission of providing housing and life-changing opportunities to those in need.
A key contributor to the Sky Hope’s development, CAHEC is today one of the largest nonprofit regional equity syndicators in the United States. It specializes in tax credit syndication by raising equity capital and investing in affordable housing and community revitalization opportunities throughout the Southeast and mid-Atlantic.
Watch the Video!
Learn more about the new center in Somerset and the hope it’s inspiring by watching CAHEC’s elegant and informative Awards Video. Speakers include Sky Hope Program Director Melissa Estep and Recovery Kentucky Administrator Mike Townsend of the Kentucky Housing Corporation. The center’s clinical services partner, the Adanta Group, is represented by CEO Beverly Low and Operations Director Kim Worley.