407 Pageviews Read Stories
- EIN 31-0986871
- (859) 986-2321
- 319 Oak Street Berea KY 40403 USA
- http://www.fahe.org
- Facebook page
- Faheonline
- Add to Favorites
Promote This Nonprofit
Nonprofit Overview
Causes: Community & Neighborhood Development, Economic Development, Homeless & Housing, Microfinance, Rural Economic Development
Mission: The mission of FAHE is to serve the housing needs of low-income people of Central Appalachia by: providing informed advocacy for, providing resources to, and facilitating collaboration among a network of housing organizations.
Target demographics: the people effected by persistent poverty
Geographic areas served: Appalachia
Programs: Fahe was founded as an organization to promote affordable housing in appalachia but has expanded its goals to not only be a leader in housing concerns, but to partner with other organizations to impact regional issues such as energy efficiency, health, education, and issues for the aging and elderly. One of the ways it achieves this impact is by having a diverse set of business lines that rely on partnership to serve the region. Fahe's mortgage lending division, justchoice lending, has partnered with the u. S. Dept. Of agriculture and key lenders such as j. P. Morgan chase bank. Fahe's consulting division routinely works with city governments in our region to improve infrastructure, provide economic development, and neighborhood revitalization. Fahe also has a community lending fund, which offers financing for multi-family housing projects, community facilities, and medical facilities throughout appalachia. Furthermore, the 50+ member fahe network employs over 2500 full-time employees. In fy 2015, fahe had a total direct investment in the appalachian region of 67 million, with capital of 258 million under management including loans serviced for other organizations. In its 30- year history, the fahe network has served more than 300,000 appalachians with housing, made over 536 million in direct investment, and achieved a total cumulative financial impact of over 1. 15 billion dollars in the appalachian region.