Carey Parker has moved up the ranks at LHP Capital, a leading affordable housing developer and owner headquartered in Knoxville, Tennessee.
Since joining the company as an accountant in 2006, she has served as an asset management analyst, controller, and senior vice president before being named CEO in 2017 when she was just 35.
The work is a good fit for Parker, who wanted a career that would contribute to the community.
“I could see that LHP not only provided a healthy return to our investors, but provided a social purpose of preserving and developing housing for some of our most vulnerable populations,” she says. “Our goal at LHP is to provide quality housing for our residents in a place they are proud to call home. By providing the housing, it results in a healthier community and a society that is economically thriving.”
Since Parker has taken the helm, LHP has closed on 21 low-income housing tax credit projects valued at nearly $400 million. These deals have preserved the affordability of 2,343 housing units for families, individuals, seniors, and people with disabilities.
In 2019, LHP and the Nashville Metropolitan Development and Housing Agency received the Tennessee Housing Development Agency’s Impact Award for the purchase and renovation of Trevecca Towers, a 564-unit apartment community in Nashville.
During the past year, the focus for LHP and other firms has been the COVID-19 pandemic. Parker and her colleagues stepped up to provide resources to keep residents safe during the health crisis as well as tools to allow employees to work remotely.
Parker is a recent member of Leadership Tennessee, a group that brings together people from across the state to collaborate on key issues, and a graduate of the Leadership Knoxville Class of 2019.
She serves on the boards of directors for the Legacy Housing Foundation and East Tennessee Community Design Center and the advisory board for the University of Tennessee’s Haslam College of Business Department of Management.
Parker is married and has a 9-year-old son.
