Stone brings deep LIHTC expertise to lead and grow CAHEC's Syndications team
RALEIGH, NC, January 22, 2026 /24-7PressRelease/ -- CAHEC has welcomed Ed Stone to the organization as Senior Vice President of Syndications, effective January 12. In this position, Stone will provide leadership for the Syndications team, strengthening CAHEC's position in the industry.
"I am thrilled to share that Ed Stone has joined CAHEC as Senior Vice President, Syndications," said Dana Boole, President & CEO of CAHEC. "He is responsible for furthering Syndications' vision and performance to enhance our strategic competitive advantage. Ed's growth mindset, coaching abilities, investor intuition, and excellence around credit/portfolio performance are an outstanding addition to CAHEC's team."
Stone brings more than 25 years of experience in LIHTC equity, credit, and asset management. He joins CAHEC from CREA, where he served as Chief Credit Officer from 2021 to 2025. During his tenure, Stone fostered a culture focused on streamlining and automating key components of the investment diligence and approval process, while coaching staff to better align with the capacities and needs of stakeholders. Under his leadership, CREA closed more than $1.3 billion annually in LIHTC equity.
Prior to CREA, Stone spent over a decade at Fannie Mae (2009–2021), holding two senior leadership roles. As Director, Equity and Structured Asset Management, he oversaw Fannie Mae's equity investment portfolios, including LIHTC, preferred equity, and community lending. He later served as Senior Director, Equity Investments, where he led efforts to re-enter the LIHTC market after a ten-year absence, authored syndicator investment guidelines, and managed the analyst team responsible for closing syndicator transactions.
With Stone's appointment, CAHEC looks forward to continued momentum and success as it embarks on 2026.
CAHEC is a community development organization that strengthens communities by providing affordable housing and supportive service initiatives to residents in the Southeast and Mid-Atlantic regions. CAHEC engages in diverse product areas, including low-income housing tax credits, historic tax credits, new markets tax credits, and renewable energy credits. Additionally, CAHEC offers loan programs, wellness and education initiatives for residents, affordable housing development, and property management services. To learn more about their contributions to affordable housing and surrounding communities, visit CAHEC's website.
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