Columbus, Ohio – Ohio Capital Corporation for Housing, an affordable housing tax credit syndicator, announced today that Kevin Nowak has joined its Board of Directors. Mr. Nowak is the President and CEO of CHN Housing Partners, an affordable housing developer, housing services provider and residential lender headquartered in Cleveland, Ohio.
“The addition of Kevin to our Board of Directors will bring a critical point of view to our organization,” said Catherine Cawthon, President and CEO of OCCH. “His expertise and strategic acumen will be a benefit to myself, our board, and our entire organization.”
Mr. Nowak has been with CHN Housing Partners for over 10 years - first as a board member, then as director of strategic initiatives and general counsel, prior to becoming president and CEO. He is responsible for the overall management of CHN, its 35 real estate partnerships, and combined annual operating and capital budget ranging from $55-75 million. Prior to his role at CHN, Mr. Nowak was the National Equity Investment Manager at Key Community Development Corporation.
“I’m thrilled to join the board of OCCH, which shares my fundamental belief that a permanent address empowers families and improves communities,” said Nowak. “I look forward to working with my fellow board members and the great staff at OCCH to address the affordable housing crisis in our state.”
Mr. Nowak joins 10 other members of OCCH’s Board of Directors, representing decades of affordable housing and finance experience. Mr. Nowak holds a B.A. and J.D. from the University of Michigan.
About Ohio Capital Corporation for Housing (OCCH)
OCCH is a multi-state nonprofit financial intermediary that works with private and public developers to create affordable housing opportunities through equity and debt. Since 1989, OCCH has invested more than $6 billion in the construction, rehabilitation, and preservation of affordable housing. OCCH has an affiliated property management and supportive services organization, Community Properties of Ohio Management Services; a lending subsidiary, Ohio Capital Finance Corporation, a certified Community Development Finance Institution, and a member of the Federal Home Loan Bank of Cincinnati; and a philanthropic affiliate, Ohio Capital Impact Corporation. For more information about OCCH, visit www.occh.org.
About CHN Housing Partners
Founded in 1981, CHN Housing Partners is a large-scale affordable housing developer, housing service provider and residential lender that works with its partners to solve major housing challenges for low-income people and underserved communities in Ohio, Michigan, Pennsylvania, and New York. CHN partners with utility companies, financial institutions, and public agencies to manage and deliver large-scale housing resources. CHN also partners with people—low-income individuals, families, seniors, the disabled and the homeless—to improve their housing stability. CHN’s impact in Cleveland includes 3,200 new homeowners, the housing stability services it provides annually to more than 60,000 individuals, and the development of 7,000 new homes. CHN is a chartered member of the NeighborWorks America network. For more information about CHN Housing Partners, visit www.chnhousingpartners.org.