CAHEC Internship

The Acquisitions and Underwriting Department of Community Affordable Housing
Equity Corporation (CAHEC) is currently seeking candidates for a paid internship.
Applicants should be available to work full-time during the summer and part-time (8-12
hours per week) during the 2008-2009 school year. CAHEC is a non-profit tax-credit syndicator based in Raleigh, NC, with the mission to:
•Raise and invest equity capital in qualified low-income housing tax credit projects
and other tax credit products.
• Provide capital through a series of Community Investments which (i) empower residents, (ii) promote the development of affordable rental and ownership housing, and (iii) foster sustainability within the communities we serve. The summer intern will assist with all aspects of underwriting low-income housing tax credit and historic tax credit investments. Typical duties include financial modeling, market research, due diligence reviews and preparation of letters and reports. The intern will also visit local sites and attend meetings with investors and developers. This is a wonderful opportunity for students interested in affordable housing development and
finance. It is preferable that the intern is enrolled in or has completed PLAN 760: Real Estate
Investment and Affordable Housing.
Interested students should submit a resume and cover letter to Brian Oxford at boxford@cahec.com by March 7, 2008.
Please contact the current intern, Barbie Schalmo, at bschalmo@unc.edu with any
additional questions.