Fahe’s current leadership consists of President Jim King and the Executive Team of Sara Morgan, Tom Carew, and Pam Johnson.  Under their leadership, Fahe has advanced from an outstanding membership organization dedicated to improving Appalachian life through affordable housing to an exceptional leader in community development, innovative job growth, and wealth creation, all while staying true to Fahe’s original mission.    Thanks to their dedication and vision, Fahe has remained a healthy and sustainable entity that continues to faithfully serve the people of Appalachia.

Jim King, CEO & President

JimSince becoming President of Fahe in 2003, Mr. King has led Fahe’s launch of multiple new social enterprises, including equity funds for low-income housing tax credits, consulting services, and an alternative mortgage brokerage, JustChoice Lending.

In 2009, under Mr. King’s leadership, Fahe received the Wachovia Wells Fargo NEXT Award for Opportunity Finance.  In spring 2012, Fahe was highlighted in “Forces For Good,” celebrating Fahe’s creativity, accomplishments, and enduring importance in the service of low-income and low-wealth people.  In 2012 he received a fellowship from Ford to attend the Harvard Business School’s three-year Owner/President Management (OPM) program, and is a 2014 graduate. In addition, Mr. King is a 2006 graduate of the Harvard University’s John F. Kennedy School of Government’s Achieving Excellence program. He holds an MBA degree with a concentration in 3rd World Economics from Eastern College in Pennsylvania, and a BA degree in Economics and Accounting from Bluffton College, Ohio. Mr. King serves on many national boards of directors—examples of current or recent board service include: the Opportunity Finance Network, National NeighborWorks Association, Fannie Mae Advisory Board, and the National Rural Housing Coalition.

Jim King can be reached via email at jim@fahe.org or by calling 859-986-2321 ext 2101


Pam Johnson, Executive Vice President of Outreach and Business Relations

pam-1Pam has overseen operations for a wide variety of organizations, from a small dentist’s office to an international manufacturing plant. She began in affordable housing as a consultant working with small cities, municipalities, and nonprofits to help them access federal and state grant resources Pam has been working with affordable housing for over 20 years. She has extensive experience in Community Development Block Grant programs, HOME Investment Partnership Program, Rural Development grant and loan programs for housing and Disaster Recovery.

Pam’s experience and leadership was instrumental during Fahe’s strategic transformation. Under her leadership, one of the first business lines developed as a centralized service was Fahe’s Loan Servicing, which has steadily grown since the first contract portfolio in 2005.  Pam is responsible for assisting in business development utilizing Fahe products and outreach. During her time with Fahe, she has been responsible for many of the day-to-day operations including special projects, consulting services, membership relations, technical assistance, training, and human resources.

Pam has enhanced her education with college courses in accounting and law in addition to maintaining her certification as a Grant Administrator and Housing Counselor.

She also serves on the board of the Homeless and Housing Coalition of Kentucky.

Pam Johnson can be reached at pam@fahe.org or 859-986-2321 ext 2102


Sara Morgan, Executive Vice President and Chief of Operations

Sara-MorganWith 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 sara@fahe.org or 859-986-2321 ext 2134


Tom Carew, Executive Vice President of Membership and Advocacy

Tom Carew Head ShotConcurrent with his position with Fahe in 2008, Tom served as President of the National Rural Housing Coalition. From 2004 until mid 2008 Tom served as the Chief Operating Officer for Frontier Housing. Tom has deep roots in Appalachia, dedicating his 44-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 Cochran Collings Award for National Service from the Housing Assistance Council and 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