Federation of Appalachian Housing Enterprises

Street Address:
106 Pasco Street
Berea, KY 40403
Mailing Address:P.O. Box 908
Berea, KY 40403

Phone: 859-986-2321
Fax: 859-986-5836
Website: www.fahe.org

Jim King, President & Chief Executive Officer

Contact Name: Pam Johnson
Phone: 859-986-2321x230
Fax:
Email: Pam@fahe.org


Staff Size: Full Time: 30 

Background
The Federation of Appalachian Housing Enterprises, Inc. (FAHE) is a U.S. Treasury certified Community Development Financial Institution and 501(c)3 nonprofit corporation. FAHE is a clearinghouse for financial services, including conventional as well as unconventional products, in the Appalachian counties of Kentucky, Tennessee, Virginia and West Virginia. FAHE also establishes the infrastructure necessary for our Members to implement scalable housing solutions supported by our financial products.

Mission
FAHE leads a network of Appalachian organizations to sustainable growth and measurable impact through collective voice and provides acces to capital that creates housing and promotes community development.

Total Operating Expense (9/30/2007): $3,289,567

 Lines of Business
  • Community Based Economic Development

  • Community Building and Organizing

  • Home Ownership Promotion Services

  • Lending and Loan Portfolio Management

  • Real Estate Development


    • National NeighborWorks ® Programs
  • NeighborWorks Rural Initiative

    • Accomplishments in FY 2008
  • Provided 138 families with pre- and post- purchase housing counseling.
  • Rehabilitated or repaired 250 rental or owner occupied units (1-4 units).
  • Assisted 167 families in purchasing a home through homeownership counseling, downpayment, closing cost or financing assistance.
  • Owned or managed 501 rental units.
  • Invested $8,935,611 in the community through Federation of Appalachian Housing Enterprises's revolving loan fund, which leveraged $36,778,138 from conventional lenders and other sources.
  • Total direct investment in the community is $45,713,749.

    • Additional Accomplishments
    Date Additional Accomplishment
    7/15/2009 46 Members



    Board of Directors
    NameBoard Role/TitleSectorCompany/OrganizationJob Title
    Bob AdamsBoard Member At Large  
    Joe BeldenBoard Member At LargeNon-Profit InstitutionHousing Assistance CouncilDeputy Director
    Terry CunninghamBoard ChairLocal GovernmentKingsport Housing & Redevelopment AuthorityExecutive Director
    Stacey EppersonBoard MemberNon-Profit InstitutionFrontier HousingExecutive Director
    Karen JacobsonBoard MemberRandolph County Housing Authority (RCHA)Executive Director
    Pam JohnsonBoard Vice PresidentNon-Profit InstitutionFAHEChief Administative Officer
    Andy KegleyBoard MemberNon-Profit InstitutionMountain ShelterExecutive Director
    Jim KingBoard PresidentNon-Profit InstitutionFAHEExecutive Director
    David KreherBoard MemberNon-Profit InstitutionPeople's-Self Help HousingExecutive Director
    John MartysBoard MemberLocal GovernmentFairmount Housing AuthorityExecutive Director
    Justin MaxsonBoard Member At LargeNon-Profit Institution  
    Randall MillerBoard Member At LargeFinancial Institution  
    Sara MorganBoard SecretaryNon-Profit InstitutionFAHEFAHE Capital Director
    Ralph PerreyBoard Member; Board Member At LargeNon-Profit InstitutionFannie Mae Rural InitiativesSenior Business Developer
    Michael RushBoard MemberNon-Profit InstitutionPeople, Inc 
    Thomas SeelBoard TreasurerNon-Profit InstitutionFAHEChief Financial Officer
    Kelly SpearsBoard MemberNon-Profit InstitutionFoothills Community Development Corp.Executive Director

    About the NeighborWorks ® Network
    The NeighborWorks® network is a nationwide network of more than 240 community development organizations working in nearly 4358 urban, suburban and rural communities across America. These organizations engage in revitalization strategies that strengthen communities and transform lives. In the last five years alone, NeighborWorks® organizations have generated more than $8.5 billion in reinvestment and helped more than 500,000 families of modest means purchase or improve their homes or secure safe, decent rental or mutual housing.

    NeighborWorks ® America Contact Information
    District:  Great Lakes
    Name:  Karen Whedon
    Phone:  513-221-4260
    Toll-Free:  877-316-8880
    Fax:  513-221-4425
    Email:  kwhedon@nw.org