NeighborWorks Capital closed a $1,467,000 permanent loan with Community Action Partnership of North Alabama, Inc. (CAPNA) in May 2020. Our loan assisted CAPNA with purchasing their current office building. CAPNA has occupied their building in Decatur, Alabama since the building was completed in 2003. This purchase will allow CAPNA’s occupancy costs to decrease by approximately thirty percent as they move from renter to owner.
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.