LHP Capital, along with its operating companies – LHP Development and LHP Management – is a developer and manager of multi-family housing properties with a primary emphasis on affordable housing. Since 1998, LHP has developed more than 11,000 apartment units in 85 properties with the majority of those developments utilizing the Low Income Housing Tax Credit program as a source of investment capital. LHP currently operates over 7,000 units in eight states. The LHP team consists of more than 250 dedicated employees at the community, regional and corporate levels.
We actively pursue acquisition opportunities for properties that would benefit from the resources available under the Low Income Housing Tax Credit program. At our core, we’ve worked tirelessly to establish a prestigious reputation and earn the respect of our financial partners as well as the residents we serve. We are proud of our accomplishments and strive to continually improve our level of expertise while maintaining unsurpassed dedication to the housing industry.
Phil Lawson is the Chairman of LHP Capital, LLC and its affiliated companies. Prior to founding LHP’s predecessor, Lawler Wood Housing, LLC, Phil served more than 20 years as Chief Financial Officer of Lawler Wood, LLC and roughly 10 years practicing as an independent CPA, primarily representing real estate developers and syndicators. He began his career in the Atlanta office of Coopers & Lybrand.
Phil serves on the boards of Meridian Trust (a State of Tennessee chartered trust company), the Knoxville Americana Music Foundation and the Beck Cultural Exchange Center. Past community service includes memberships on the boards of Knoxville Habitat for Humanity, Wesley House Community Center, WDVX (a public radio station) and the Historic Tennessee Theatre Foundation. He is a co-founder of the Tennessee Developers Council. Phil earned a bachelor’s degree from the University of Tennessee and is a Certified Public Accountant.
Carey Parker is Chief Executive Officer and Firm Council Chairperson for LHP. Since joining the company in 2003, Carey has served in various positions, working as an Accountant and Asset Management Analyst before her promotion to Controller and, ultimately, to her current role of CEO overseeing LHP’s three divisions. She played an important role in building the company including the establishment of LHP’s support divisions such as Accounting, Software Support, Accounts Payable and Cash Management. She serves on LHP’s Leadership Team and the CCP Committee, a group whose function is to provide planning for significant structural and organizational events.
Carey was named as one of the Greater Knoxville Business Journal’s 40 Under 40 honorees for 2017. She earned her Bachelor’s degree in Accounting from the University of Tennessee in Knoxville and her MBA from the University of Tennessee at Chattanooga.
Cristy Lockwood is the President of LHP Capital, LLC, where she is responsible for the underwriting, refinance and exit strategies departments as well as all support functions including asset management, human resources, accounting, information systems and administration. Cristy has been with the organization since 1989. She played a key role in building the infrastructure to support the company’s growth. Her first job was establishing and heading up the Asset Management Department. Currently, Cristy serves on LHP’s Leadership Team and the CCP Committee, a group whose function is to provide planning for significant structural and organizational events. She is involved with the Knoxville Americana Music Foundation, where she is Treasurer as well as serving on the Board of Directors and the Production Committee. Cristy graduated magna cum laude from Tusculum College, earning a Bachelor’s degree in Organizational Management.
Jennifer Schoch is Senior Vice President of Asset Management for LHP Capital, LLC, where she is responsible for oversight of the financial and physical well-being of the company’s portfolio. She has direct management responsibility for the IT, Document Retention, Capital Needs, and Insurance/Risk Management departments, while also working closely with the Underwriting group. Jennifer joined the company in 2005 and has played a key role in building the Asset Management Department to accommodate the company’s growth. She serves on LHP’s Leadership Team and Give Back Committee; a group whose function is to provide guidance to the company’s charitable giving initiatives.
Prior to joining the company, Jennifer worked in property management for hotel brands such as Hilton, Marriott and Holiday Inn. She earned an Associate’s degree in Paralegal Studies from Pellissippi State Technical Community College and received a Certified Legal Assistant designation through the National Association of Legal Assistants.
Lindsay Willis is Vice President of Human Resources for LHP Capital, LLC. She joined the company in 2009 and facilitated the establishment of the Human Resources department. Lindsay is responsible for the overall administration of HR related activities within the organization, as well as providing leadership recommendations to the executive team. She offers experience in employment law, employee relations, staffing and recruitment, employee benefits, safety and payroll. She serves on the LHP Capital and LHP Management Leadership Teams, and is a member of the Give Back Committee, a group whose function is to provide guidance to the company’s charitable giving initiatives.
Lindsay is an active member of the Society for Human Resource Management and the Tennessee Valley Human Resource Association, and serves on the Board of Directors for The Koinonia Foundation. She earned a Bachelor’s degree from the University of Tennessee and holds SPHR® and SHRM-SPC® designations.
John Farner is Senior Vice President and is responsible for LHP’s construction and design, oversight of general contractor bid package preparation and selection, and project management assuring all projects are planned, executed, and completed consistent with company goals. Prior to joining LHP in 2015 John was Senior Project Manager for Blaine Construction of Knoxville where he was responsible for managing several multi-million dollar projects including the University of Tennessee Football program’s state-of-the art Anderson Training Facility, Gatlinburg’s 80-acre Rocky Top Sports Complex and the Phase III Neyland Stadium Gate 21 Renovations. From 2003-2007 John served as Senior Project Manager for Denark Construction, overseeing several construction projects including the $50 million Sevierville Event Center. John is an active member of Two Rivers Church in Lenoir City where he leads a Bible study group and is involved in the men’s ministries. He also does volunteer ministry work with Knoxville’s Hope Central and Infusion Ministries. John is a graduate of the University of Tennessee where he received a Bachelor’s degree in Civil Engineering.
Alvin Nance is Chief Executive Officer of LHP Development, LLC and LHP Management, LLC, the company’s Development and Property Management divisions. Before joining LHP in April 2015, Alvin served a 14-year tenure as Executive Director and CEO of Knoxville’s Community Development Corporation, the public housing and redevelopment authority for the City of Knoxville, during which he served on the staffs of Mayors Victor Ashe, Bill Haslam and Madeline Rogero.
Alvin is active in organizations representing public housing authorities in Tennessee and the Southeast. He served two terms on the Board of Directors and was Vice Chairman of the Tennessee Housing Development Agency and served on THDA’s Tax Credit Committee. He also served as Chairman of the Tennessee Association of Housing and Redevelopment Authorities’ legislative committee and in several leadership roles for the National Association of Housing and Redevelopment Officials, including posts on its community revitalization, development and legislative committees.
He is active in the business and philanthropic community, Alvin has served on the boards and in leadership capacities of the following: Federal Home Loan Bank of Cincinnati, First Tennessee Bank, Covenant Health Hospital System, Knoxville Area Urban League, Knox County Industrial Development Board, Project GRAD, Boy Scouts of America, Greater Knoxville First Tee Program, Knoxville Habitat for Humanity, Leadership Knoxville, Dogwood Arts Festival, Maryville College, YMCA and Emerald Charter School. He earned a Bachelor’s degree from Maryville College.
Carr Hagan is President of LHP Development, LLC and is responsible for overseeing all acquisition and development related activities for the company. Carr joined the company in 2002 after beginning his career in the affordable housing field as a Vice President of First Tennessee Housing Corp. Prior to taking over as President of LHP Development, he served as Senior Vice President and Director of Development for LHP’s predecessor, Lawler Wood Housing Partners, LLC, playing a key role in the company’s growth including development activities that accumulated 9,000+ units of multifamily holdings in eleven states with development costs totaling more than $600 million.
Carr is a member of the National Housing & Rehabilitation Association Board of Directors as well as the Tennessee Housing Development Agency Multifamily Developers Advisory Board. He is a frequent speaker at NH&RA events and at other housing related forums. He served on the Board of Directors of Big Brothers Big Sisters of East Tennessee from 2006-2013, most recently as President from 2011-2013. Carr earned a Bachelor’s degree from the University of Memphis.
David Arning is Vice President of Development for LHP Development, LLC, where he is responsible for identifying acquisition candidates, negotiating purchase contracts, obtaining tax-exempt bonds and tax credit allocations, sourcing debt and equity financing, obtaining required regulatory approvals, and overseeing real estate and financing closings. Prior to joining LHP Capital in 2012, David spent time as Vice President of Housing at Knoxville Leadership Foundation, a developer at Holrob Investments, LLC, a principal with Palmetto Preservation Works, LLC and as a Lieutenant Commander in the United States Navy. He serves as President of the Board of Directors for the historic Bijou Theatre in Knoxville. He is a member of the Knox Heritage Board of Directors and participates on the Federation of Appalachian Housing Enterprises Loan Committee and the United Way of Greater Knoxville Operations Committee. David earned a Master’s degree in Historic Preservation from the University of Georgia and a Bachelor’s degree with merit from the U.S. Naval Academy.
Mike Rodgers is Vice President of Development for LHP Development, LLC, where he is responsible for identifying property acquisition candidates, negotiating purchase contracts, applying for and obtaining tax-exempt bond and tax credit allocations from state housing finance agencies, sourcing debt and equity financing, obtaining required regulatory approvals and overseeing real estate and financing closings. Prior to rejoining the organization in early 2014, Mike held the position of Vice President at Stratford Capital Group in Vienna, Virginia, spent time as an Associate Production Director with Freddie Mac in McLean, Virginia and was Vice President and Director of the Affordable Housing Group within AIMCO in Washington, DC. He earned a Bachelor’s degree in Business Administration in Finance from James Madison University in Harrisonburg, Virginia, and has completed all required coursework in the Master of Science Real Estate Program at Johns Hopkins University.
Joe Engle is President of LHP Management, LLC, where he is responsible for the company’s property management division. He oversaw a near doubling of LHP’s management portfolio and played the primary role in structuring the management division to accommodate that growth. Prior to joining LHP in 2006, he served as a Regional Vice President at Ambling Management Company and previously held asset management and property management positions at AIMCO and Insignia Financial Group.
Joe serves on the Property Management Advisory Board for Virginia Tech and the Board of Directors for the National Leased Housing Association. He is an active member of Cedar Springs Presbyterian Church and a volunteer with Boy Scouts of America.
Joe earned a B.A. from Bob Jones University in Greenville, South Carolina and an M.B.A. from the Haslam College of Business at the University of Tennessee, Knoxville. He holds a Tennessee Affiliate Broker license.
Susan Howell is Senior Vice President of LHP Management, LLC, where she is responsible for compliance, training and policies and procedures as well as serving on LHP’s Leadership Team. Prior to joining the company in 1999, she held Area Manager and Vice President of Property Management positions at Wood Properties, Inc. in Knoxville, Tennessee.
Susan serves on the Board of Directors of the Southeastern Affordable Housing Management Association and is currently its Vice President of State Activities. She is also affiliated with the Institute of Real Estate Management, National Affordable Housing Management Association, Knoxville Association of Realtors and Apartment Association of Greater Knoxville where she previously served on the Board of Directors. She holds various industry designations including Certified Property Manager, Certified Occupancy Specialist, Blended Occupancy Specialist, Housing Credit Certified Professional and Specialist in Housing Credit Management. Susan graduated with honors from the University of Tennessee and holds a Tennessee Principal Broker license.
Martha Hopkins is Senior Vice President of LHP Management, LLC and is responsible for the daily operations of all of the company’s portfolio. Martha has been with the company since 2008 and brings more than 20 years of experience in property management working with tax credit, HUD subsidized and conventional communities. Prior to joining LHP, she held regional manager positions at Park Management Company and Brencor Management, LLC.
Martha is an active member of the Institute of Real Estate Management, National Affordable Housing Management Association, Southeastern Affordable Housing Management Association and the National Center for Housing Management. She holds various industry designations including Certified Occupancy Specialist, Tax Credit Compliance Specialist and NAHPe. She received a Bachelor’s degree from Southern Illinois University.
In the summer of 2015, our company was rebranded as LHP Capital, LLC after 40 successful years in the affordable housing industry under the name Lawler Wood.
We trace our beginnings to 1975 when Rodney Lawler and Pat Wood, our founding partners, established a real estate firm headquartered in Knoxville, Tennessee to develop housing under what was then a new HUD program known as Section 8. Lawler Wood became a pioneer in the development of Section 8 properties completing more than 3,000 apartment units between 1976 and 1981.
Since the late 1990s, we have specialized in the acquisition and rehabilitation of older Section 8 properties, combining our years of experience in the Section 8 program with the newer Low Income Housing Tax Credit program. This ongoing effort has been led by Phil Lawson, who became Chief Financial Officer of Lawler Wood shortly after it began its operations and now serves as Chairman of LHP Capital.
LHP Capital provides capital, underwriting, operational support, and asset management services to its operating companies, LHP Development and LHP Management. LHP has developed more than 11,000 units in twelve states and currently operates more than 7,000 units while continuing to seek new property acquisition opportunities.
The LHP team consists of more than 250 dedicated employees who make valuable contributions to the success of our company and bring real value to our resident communities. LHP is proud of the tradition of excellence established by our founders and we strive to maintain the reputation for quality and integrity they began as we work tirelessly to provide an environment of exemplary customer service and a place our residents are happy to call home.
At LHP, we strive to maintain the highest level of quality in our development and management activities. Our ultimate goal is to provide quality homes for our residents. At LHP, we are committed, courageous, collaborative and curious. We pledge to empower every employee, and encourage self-confidence and personal growth, while working as a team to provide superior customer service.
Lead by example and have an impact
Be passionate about company success
Do what it takes
Enjoy your work
Appreciate your colleagues
Say what you think
Make tough decisions wisely
Take smart risks
Take ownership of mistakes
Do the right thing
Work as a team
Share information openly and proactively
Seek to understand
Challenge prevailing assumptions
Evolve by creating new ideas