BOARD OF DIRECTORS

CAHEC is governed by an eight-member Board of Directors, which consists of professionals and corporate leaders with expertise in housing finance, construction, and housing policy. Set forth below is a brief description of their experience.

Kemper W. Baker, Jr.
Former Vice President and Special Assistant to the President
Federal Reserve Bank of Richmond
Richmond, Virginia

At the Federal Reserve Bank of Richmond, Kemper Baker worked to broaden public awareness of the Federal Reserve System as well as collaborated with many organizations to promote better understanding of economics, banking, central banking, and economic development. Mr. Baker also served on the Executive Board and later as Interim President of the Virginia Council on Economic Education, a nonprofit educational organization that provides economics training and curriculum aid to K-12 teachers throughout Virginia. He is active with The Salvation Army and its Boys and Girls Club as well as with several colleges and universities around the Fifth Federal Reserve District.

G. Maurice Capps, CPA
Managing Partner
Capps, Foster & Company
Hickory, North Carolina

As a Certified Public Accountant and Managing Partner of Capps, Foster & Company, Mr. Capps has over 35 years' experience in public accounting. He is on the Advisory Board of Branch Banking & Trust Company in Hickory; an officer and director of UniWeb, Inc., a fabric manufacturing company located in Columbus, Tennessee; and a board member of Catawba Valley Community College Foundation. Mr Capps serves as co-general partner of Kenworth Development Group, developers of Kenworth Apartments, a 55-unit low-income housing tax credit project located in Hickory. Mr. Capps is Chair of CAHEC's Board of Directors.

Marilyn M. Drayton
Senior Vice President
Director of CRA & Community Development
Lexington, South Carolina
The South Financial Group

Ms. Drayton is Senior Vice President and Director of CRA & Community Development for The South Financial Group. She manages the company's community development lending, service, and investment activities in three states and 12 regional markets. During her tenure, she has successfully secured multiple Bank Enterprise Awards based on the bank's increased lending and investment activities in distressed communities. She has received several distinguished awards and recognition, including Business Partner of the Year and an inaugural recipient of Leaders Teaching Leaders, an executive leadership program of The South Financial Group. Prior to joining The South Financial Group in 2000, Ms. Drayton served as VP and SC Market Manager for Bank of America in its Community Development Banking Division. She is active in her community and serves as a member of various professional boards and civic organizations including the Southern Association for Financial Empowerment, College Summit-SC, Affordable Housing Coalition of SC Investor's Council, Past President of the SC Association of Community Development Corporations and Governor's Affordable Housing Task Force (2001-2002).

Roger L. Earnhardt
Former Executive Vice President and Director
The Community Investment Corporation of North Carolina
Raleigh, North Carolina

Recently retired from the Community Investment Corporation of North Carolina, Mr. Earnhardt has over 30 years of mortgage lending experience. Twenty of those year were spent at First Union Mortgage Corporation (formerly Cameron Brown Co.), and he is a former President of First Citizens Mortgage Company. Mr Earnhardt has been active in state and national mortgage bankers associations; he has served as president of the Mortgage Bankers Association of the Carolinas and as a director and member of the executive committee of the Mortgage Bankers Association of America. He is a past member of the Board of Directors of the North Carolina Housing Finance Agency and the Housing Industry Council of North Carolina.

Andrew H. Foster
Associate Clinical Professor of Law
Duke Law School
Durham, North Carolina

Mr. Foster is Associate Clinical Professor of Law, Duke Law School CED Clinic. He also maintains a limited private practice concentrated in the areas of nonprofit, affordable housing, and community development law. He represents developers; financial institutions; local governments; and local, statewide, regional, and national nonprofits on a wide range of community revitalization projects. Prior to joining the Law School faculty, Mr. Foster practiced full-time with Womble Carlyle Sandridge & Rice, PLLC, where he was a member of the firm's Community Development Law team. Before becoming a lawyer, Mr. Foster held leadership positions with several nonprofit community development organizations based in North Carolina including the Southern Rural Development Initiative, the North Carolina Justice and Community Development Center, the Community Reinvestment Association of North Carolina, and the North Carolina Association of Community Development Corporations.

Carol A. Jackson
Former Executive Vice President
Federal Home Loan Bank of Atlanta
Atlanta, Georgia

Carol Jackson, retired Executive Vice President of the Federal Home Loan Bank of Atlanta, continues to be an active member of the affordable housing community. Ms. Jackson has been appointed by Mayor Shirley Franklin of Atlanta to the boards of the Atlanta Housing Authority and ACORA (Atlanta Coordinating Responsible Authority). The six-person ACORA board is allocating and distributing $55 million in Empowerment Zone Funds to the inner city community. Ms Jackson also serves on the board of MidCountry Financial Corporation. A graduate of Leadership Atlanta, Ms Jackson has held numerous nonprofit board positions and chaired many fund-raising events for these organizations. Ms Jackson was recognized as the 1999 Woman of Achievement by the YWCA of Greater Atlanta.

Helen R. Moore
Executive Managment Team
Center for Community Self-Help
Durham, North Carolina

Ms. Moore brings a wealth of housing and economic development experience to CAHEC. She is a member of the Executive Team at the Center for Community Self-Help, a North Carolina nonprofit group. At Self-Help, Ms. Moore works with the Self-Help Credit Union as well as with the Home Mortgage Lending Team and the Secondary Marketing Initiative. Before joining Self-Help, Ms. Moore was Senior Vice President and Manager of Residential Mortgage Lending at Central Carolina Bank. She has also worked as Manager for U.S. Home Mortgage.