NeighborWorks Capital funded a $3,645,000 acquisition loan with Community HousingWorks (CHW) in December. This loan will assist CHW with the acquisition of two contiguous parcels of 2.5 acres in Temecula, California for the development of Las Haciendas. The Las Haciendas development will be two 3-story buildings to house 77 apartments (including one manager unit) for low-income families as well as a one-story, 2,300-square foot community center. The building will be built with sustainability features to reduce its impact on the environment and reduce long-term operating costs.
Chief of Consulting
The Chief of Consulting (CC) is a member of the senior management team and has overall responsibility for the startup and buildout of a consulting business focused on the affordable housing and community development industry. The CC will need to be an entrepreneur at heart but also be able to work as part of a team. The CC is a critical strategic partner for the Chief Executive Officer (CEO) and will report directly to the CEO.