Program Highlights

At FAHE, our ultimate goal is to reduce systemic poverty by improving the housing conditions of low-income people living in Central Appalachia and bolstering the region’s economic potency.

Our commitment to working together is already paying off. Our $30 million portfolio’s delinquency rate is down to 2.41% without increasing foreclosure, even with an average borrower income of $20,000. During FY 2007 our accomplishments included:   

• Mortgages: $4.4 million to 58 families

• Loans to nonprofits: 89 loans to nonprofits totaling $11.4 million

• Equity: Committed $6.5 million from FAHE’s first equity fund

• Consulting: $9.3 million to 3 projects