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FOR IMMEDIATE RELEASE
Clarksburg, WV – On Wednesday, June 5, 2019, CAHEC (Community Affordable Housing Equity Corporation) held their annual CAHEC Awards Ceremony at the Grandover Resort & Conference Center in Greensboro, North Carolina. For the last 18 years, they have recognized outstanding organizations and individuals for their contributions to the affordable housing and community development industry.
The Robinson Grand Performing Arts Center received the 2019 Outstanding Community Impact Award for serving as a catalyst for downtown revitalization and helping expand cultural arts opportunities
CAHEC’s Manager, Acquisitions & New Markets Brian Oxford stated, “Now that the theater has opened, housing investments are happening in the area and the City is heading towards a vibrant downtown again.”
The City of Clarksburg purchased the facility in 2014 and City officials began a plan for renovations and funding. To offset costs, the City utilized Historic Tax Credits and New Markets Tax Credits. City Manager Martin Howe stated, “The overall goal was to create economic development within the City as well as save a historical structure which means so much to so many people within this community as well as the County and North Central West Virginia.”
The CAHEC Awards ceremony is part of the CAHEC Partners Conference, an annual event that allows CAHEC and their partners to celebrate their accomplishments over the last year and to show their appreciation for their many partnerships. Over time, this event has continued to grow, and in 2019 CAHEC welcomed more than 470 investors, developers, property managers, and third-party professionals who traveled from 24 states to the event.
City Manager Martin Howe accepted the award and thanked CEO and President of CAHEC Dana Boole for the recognition.
This project was one that had vision and drive for implementation and hiring a staff to execute that vision. The recently announced Robinson Grand Community Theater program also became a reality through grant funding provided by the CAHEC Foundation.