Gulf Coast Housing Partnership (GCHP) closed on a $842,000 permanent loan for Country Club Estates, a 62-unit affordable housing development for seniors in Montgomery, AL. NeighborWorks Capital provided a forward commitment for GCHP in late 2018, but the project faced significant construction delays. This new permanent loan extended the loan commitment and increased the loan amount to cover additional project 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.