The current leadership at Fahe has been responsible for some amazing changes over the past years. In 2005, Fahe committed to quadruple the network’s production of housing by 2015. In pursuit of this goal, Fahe’s management team reengineered the organization by developing a platform of centralized services that would increase the network’s capacity to deliver the resources needed to enable small and often isolated communities to benefit from efficiencies of scale.
Through effective leadership, Fahe has tripled its annual impact. In FY2011, Fahe made $44 million in direct investments, and with Members served 6,000 families. Additionally, total capital under management including loans serviced for other organizations topped $110 million. Fahe and its Members have built and/or preserved more than 69,000 homes and made over $269 million in direct investment for a total impact of $685 million.
We invite you to meet those in charge of Fahe:
Jim King, CEO & President
Jim has more than 20 years of housing and finance experience. He is responsible for coordinating the strategic plan of Fahe and overseeing its execution by Fahe’s two functional teams: Operations and Finance.
During his time as president, Fahe has reached several significant milestones, including the growth of the Fahe Membership Network from 28 to 48 members across Kentucky, Tennessee, West Virginia, and Virginia. Total capital under management including loans serviced for other organizations topped $110 million.
Jim completed the Achieving Excellence program at Harvard University’s John F. Kennedy School of Government in 2006. He holds an MBA Degree in Economic Development from Eastern College, PA and a BA Degree in Economics and Accounting from Bluffton College, Ohio. Jim serves on the board of the National NeighborWorks Association; Rural Steering Committee, NeighborWorks America; PLACE Advisory Board; CFED Single Family Finance Policy Group; Frontier National Board (Treasurer), New Markets Tax Credit Advisory Board and the board of HPAC (Chair).
He resides in Lexington, Kentucky with his wife and four children.
Jim King can be reached via email at firstname.lastname@example.org or by calling 859-986-2321 ext 2101
Pam Johnson, Executive Vice President of Outreach and Business Relations
Pam has been working in affordable housing for over 12 years and as a native Central Appalachian feels a personal dedication to her work at Fahe. During her time with Fahe, she has worn many hats having been responsible for many day-to-day operations including loan servicing, special projects, consulting services, Member relations, technical assistance, trainings and human resources.
She has enhanced her education with college courses in accounting and law in addition to maintaining her certification as a Grant Administrator and Housing Counselor.
Pam Johnson can be reached at email@example.com or 859-986-2321 ext 2102
Sara Morgan, Executive Vice President and Chief of Operations
With 20 years of experience working in the community development field, Sara brings a wealth of knowledge to Fahe. Her expertise was key to the launch and ongoing success of Fahe’s first Low Income Housing Equity Fund (HEF). Equity funds give private investors the opportunity to invest in affordable housing through low-income housing tax credits. We currently manage: $25 million in private equity, investor relations, development and acquisition of development projects, and oversight through due diligence.
As Chief Investment Officer for Fahe, Sara raises and deploys capital in excess of $30 million annually, overseeing all lending operations for the corporation.
Sara has been working in affordable housing since 1992 and has experience with a wide variety of state and federal programs including Department for Housing and Urban Development, Appalachian Regional Commission, Affordable Housing Trust Fund, Federal Emergency Management Association, Rural Development, Community Development Block Grant Program and Historic and Low Income Housing Tax Credits.
Sara Morgan can be reached at firstname.lastname@example.org or 859-986-2321 ext 2134
Tom Carew, Executive Vice President of Membership and Advocacy
Prior to accepting his current position with Fahe in 2008, Tom served as the Chief Operating Officer for Frontier Housing. Tom has deep roots in Appalachia, dedicating his 34-year career to the provision of affordable housing in the region. Tom has served as the Director of the Appalachian Housing Program and the Design and Construction Department for the Commonwealth of Kentucky’s Housing Finance Agency, Kentucky Housing Corporation from 2000-2005. Prior to that, Tom was the founding Executive Director of Frontier Housing, a non-profit corporation based in Morehead, providing low income families with Home Ownership opportunities in nine counties of North Eastern Kentucky and served for 25 years in that capacity. He is the recipient of the Dorothy Williams Lifetime Achievement Award from Kentucky Housing Corporation – the highest award given in the Commonwealth for non-profit housing producers.
Tom Carew can be reached at tomC@fahe.org or by calling 606-669-0053
Jenna Urusky, Vice President of Strategic Partnerships
Jenna Urusky is the Director of Marketing and Development at Fahe. Jenna works extensively to raise awareness of fair housing and community development across different channels. During her 10 years with Fahe, her efforts have yielded an annual general support fundraising amount exceeding $1.25 million and $10 million of lending capital. Her recent accomplishment within the department includes the creation of in-house video development that will help to expose Fahe and its Members to a wider audience.
Jenna holds an undergraduate degree from Berea College and an MBA and MA in Communications from Eastern Kentucky University.
Jenna Urusky can be reached at email@example.com or by calling 859-986-2321 ext 2129
Angela M. Badgett, Vice President of Loan Servicing
As the Vice President of Loan Servicing, Angela is in charge of family and commercial loans, collection, and REO properties. She is responsible for all day to day activities as well as providing current and accurate reports for the board of directors and executive officers. Her department is also tasked with handling payments and helping to ensure that families can make their payments.
Angela has a long history in the banking world as a commercial loan processor. The experience and skills developed during this time have helped to mold the department into the efficient machine it is today.
Angela holds a Bachelor of Science from Liberty University in Lynchburg, VA.
Angela Badgett can be reached at firstname.lastname@example.org or by calling 859-986-2321 ext 2122
Vonda Poynter, Vice President of Consulting
Vonda has over 26 years of experience managing community and economic development projects, specializing in projects that target low- and moderate-income communities. She is a certified Community Development Block Grant Administrator and has a B.S. in Business Administration from Eastern Kentucky University.
Over the years Vonda has provided professional expertise to the development of public facility strategies, capital improvement plans, downtown revitalization, and neighborhood redevelopment. She has also coordinated rehabilitation, acquisition, and relocation on a daily basis in addition to being a labor compliance specialist.
Vonda also has experience in administering funds from Affordable Housing Trust Fund, Appalachian Regional Commission, Community Development Block Grant Program, Federal Home Loan Bank, HOME Investment Partnership Program, Kentucky Infrastructure Authority, Low Income Housing Tax Credit Program, Transportation Cabinet, US Dept. of Housing and Urban Development, and USDA Rural Development.
Vonda Poynter can be reached at email@example.com or by calling 859-986-2321 ext 2131
Eric Haralson, Vice President or Credit Administration and Business Services
Eric has over twenty years of commercial banking experience concentrating on acquisition, development and construction lending on single-family, multifamily and commercial properties. He is a graduate of the Southern School of Banking at LSU and the National School of Real Estate Finance at Ohio State. He is also experienced in business lending to small and intermediate sized businesses and gained further business knowledge by managing a medical practice for a number of years. Having served for over 20 years as a volunteer crew leader for Habitat for Humanity and as a co-founder of Neighborhood Housing and Commercial Services of Chattanooga in 1982, he has long recognized and been dedicated to the needs of providing low-income housing. Eric currently serves on the board of Volunteer Ministry Center of Knoxville, whose mission is to end chronic homelessness by transitioning individuals and families from homelessness to permanent supportive housing.
Eric Haralson can be reached at firstname.lastname@example.org or 859-986-2321 ext 2135
David Howard, Vice President of Equity and Community Lending
David C. Howard, Jr. has been associated with Retail Banking and the Community Development arena for the past twenty-nine years. Prior to joining Fahe, he served as a Community Development Advisor for PNC Bank, working with not-for-profit and for profit developers, and government agencies to assist in providing affordable housing for low- and moderate-income families across the PNC footprint.
Currently David serves as Fahe’s VP of Equity. In this role he helps to raise capital to support our efforts in helping the families of Appalachia.
David has also served as the Housing Director for Louisville Metro Government overseeing day-to-day operations on programs such as Down Payment Assistance, NSP, Lead Paint Program, Emergency Repair Program, CHDO Program, and the Home Repair Program. As Executive Director of National City CDC, Kentucky, he worked with housing developers to structure low income housing tax credit projects to provide equity for approved developments. The CDC also provided equity for the approved Model Home Program. As Executive Director for 13 years, equity investments grew from $20 million to over $116 million.
Current and past Boards and Commissions served on include: Preservation Louisville, Louisville Preservation Fund Oversight Committee, Family Scholar House, The Housing Partnership RED Committee, Fahe, and the Louisville Metro Housing Authority.
David is also a Deacon and the Church Business Administrator for First Gethsemane Baptist Church for the past 28 years, where Dr. T. Vaughn Walker serves as Pastor.
David Howard can be reached at email@example.com or 502-438-0833.