Enriching the Lives of our Seniors, Employees, and Communities
Join us in building a future where dignity, affordability, and compassionate care are accessible to every senior.
Join us in building a future where dignity, affordability, and compassionate care are accessible to every senior.
Affordable Senior Housing Foundation (“ASHF”) is a mission-driven, 501(c)(3) organization created to safeguard the quality of life of North Carolina’s moderate-income and Medicaid-eligible seniors. ASHF’s founding premise is that dignified aging and compassionate care are public goods, not private luxuries. The Foundation’s model intentionally blends institutional discipline with nonprofit purpose—deploying capital market tools to drive sustainable social impact. Each acquisition directly advances ASHF’s charitable mission: protecting residents from neglect, stabilizing local workforces, and ensuring that long-term-care assets remain in the hands of a community-minded steward rather than a speculative owner.
ASHF operates as a special-purpose mission driven entity—a perpetual owner dedicated to affordability, safety, and community enrichment. By reinvesting surplus cash flows into wage growth, staff training, capital reinvestment, and resident-care initiatives, ASHF converts the tax-exempt efficiency of its structure into tangible local benefit.
The Foundation’s governing philosophy:
“People → Process → Peace → Perpetuity”—ensures that fiscal stewardship and compassionate outcomes remain inseparable priorities to provide the highest level of care for our Residents.
Assisted Living
Mr. Jones is the Chairman and CEO of the Affordable Senior Housing Foundation (ASHF), a mission-driven nonprofit dedicated to providing the highest quality senior care for the underserved population. With over 15 years of hands-on experience in acquiring and operating assisted living and memory care facilities, David’s team has developed an unparalleled expertise in navigating complex Medicaid and Special Assistance billing systems, regulatory compliance, and strategic financial management. Their deep understanding of these critical areas has enabled ASHF to effectively serve a resident base where more than 65% receive full Medicaid, special assistance, or other government subsidies. This specialized knowledge, combined with his commitment to quality care, has empowered the foundation to cater specifically to the middle-middle class and below—the hardworking teachers, firefighters, police officers, blue-collar workers, and everyday heroes who form the backbone of our communities.
Under David’s leadership, ASHF has successfully targeted rural and secondary markets. His strategic focus on these areas demonstrates his belief that even the most underserved regions deserve exceptional, compassionate care and sustainable community development. His approach blends disciplined investment with a heartfelt commitment to preserving the dignity and independence of seniors, ensuring that every facility under ASHF’s management is both financially robust and socially impactful.
In addition to his extensive professional experience, David holds a Masters of Public Administration from the University of Georgia, and Bachelors Degree from Citadel Military College, further enhancing his ability to navigate public policy and complex regulatory frameworks. His passion for rural healthcare and quality senior care is deeply personal—fueled not only by his academic background but also by his family’s longstanding involvement in the healthcare sector. Moreover, many other members of his family have held leadership roles in various healthcare and senior living organizations, creating a legacy that underpins his approach to care with both expertise and empathy.
Through his innovative acquisition strategies, including full acquisitions, capital lease agreements, and ancillary service contracts, the Foundation has created a model that balances operational excellence with philanthropic intent. His leadership has foster strong partnerships with local healthcare providers and community organizations, building a network that not only secures the future of senior care but also reinforces the values of integrity, service, and compassion.
Email: David.Jones@TASHF.org
Mr. Wright leads the financial and investment strategy of the ASHF, integrating the disciplines of CFO, CIO and capital-markets strategist for a rapidly scaling, mission-driven 501(c)(3). Drawing on 12 years of M&A, FP&A and structured-finance work across banking, private-equity and high-growth operating companies, he now oversees ASHF’s growth strategy in assisted-living and memory-care acquisitions over the next 18 months, with tax-exempt bond financing to achieve the lowest-cost capital. Prior to joining ASHF, Mr. Wright was Vice President of Strategic Finance at a national Financial Technology Company, where he led M&A, FP&A, budgeting, KPI modernization and the debt structuring that secured ≈ $425 million from Goldman Sachs’s Specialty Lending Group and spearheaded a confidential recapitalization targeted at ≈ $1 billion in equity value.
Earlier, he was a Principal at SIG Capital, advising PE sponsors on 18 acquisitions totaling $200 million TEV, and served as Senior PE Associate at Greater Sum Ventures, managing diligence for 64 acquisitions deploying $650 million. Throughout these mandates he executed scores of healthcare-technology transactions, including platform and add-on acquisitions of EMR/EHR vendors and revenue-cycle-management (RCM) companies, giving him a granular view of how clinical data flows translate into margin expansion and compliance strength within senior-care ecosystems.
Mr. Wright began his career underwriting middle-market LBOs and credit facilities at regional banks, developing a sharp eye for covenant structuring and risk pricing that now informs ASHF’s bond-issuance and liquidity posture. He holds a double B.S.B.A. in Finance and Business Law from Western Carolina University and an M.B.A. from the University of Tennessee, supplemented by graduate banking studies at UNC-Chapel Hill. A data-driven servant leader, he propels ASHF’s growth by coupling real-time performance dashboards with aggressive cost-of-capital management and incentive systems that directly link executive rewards to resident outcomes—delivering dignified care and durable returns in equal measure.
Email: Alex.Wright@TASHF.org
Mr. Westmoreland directs the full spectrum of accounting, vendor management, licensure, and regulatory compliance for ASHF, ensuring the back-office rigor that underpins a rapidly expanding, mission-driven 501(c)(3). With more than 20 years in senior-housing finance, Mr. Westmoreland has served as Controller, VP-Finance, and Compliance Officer for multiple senior housing ownership groups, giving him a 360° command of GAAP, FASB ASC 954, Medicaid cost reports, HUD Section 232 accounting, and state-specific licensure statutes. His track record includes leading ERP migrations, instituting enterprise-wide internal-control frameworks, and shepherding facilities through complex change-of-ownership (CHOW) processes—experience that directly supports ASHF’s aggressive acquisition timetable. A proud alumnus of Lenoir-Rhyne University (B.S., Accounting) and a licensed, but currently inactive Certified Public Accountant* in North Carolina. He pairs technical mastery with a servant-leadership ethos, believing that transparent financial stewardship, relentless vendor scrutiny, and airtight compliance are foundational to safeguarding resident dignity and donor confidence alike.
Email: Mike.Westmoreland@TASHF.org
Mr. Hair is responsible for overseeing the operations of ASHF communities. He previously served as Executive Director at Springmoor in Raleigh, NC for nine years, as well as in leadership roles at two senior living communities in South Carolina for an additional nine years. He holds a degree in Business Management and Hospitality from the College of Charleston and a Master’s in Health Administration from the Medical University of South Carolina.
Email: Brandon.Hair@TASHF.org
Mr. Lea oversees the back office finance and accounting for ASHF; he has a background includes banking, auditing, and serving as controller for construction and security companies. He earned a Bachelor of Science in Economics from the University of North Carolina at Chapel Hill and a Master of Accounting from East Carolina University.
Email: Crandall.Lea@TASHF.org
David Jones serves as the Board Chairman of the Affordable Senior Housing Foundation. Previously, he was a partner at Community Living Centers, LLC, where he managed the development, ownership, and operation of 35 assisted living facilities across North Carolina. He holds a Bachelor’s degree in Political Science from The Citadel Military College and a Master’s in Public Administration from the University of Georgia.
Secretary Cansler is the former Secretary of North Carolina - Department of Health & Human Services (DHHS), and NC House of Representatives.
He practiced as a CPA for almost 20 years, assisting many healthcare providers and other organizations with business and financial strategies. He was subsequently elected to four terms in the NC House of Representatives, where he chaired major healthcare committees. He then became Chief Deputy Secretary of the NC Department of Health and Human Services in the Easley administration, followed by his appointment as Secretary of Health and Human Services by Governor Perdue, with a departmental budget of over $18 billion and over 17,000 employees. Lanier brings his experience from the private sector, the legislative branch of government, and the executive branch of government to his work in the development of strategy for administrative and operational issues in the state and local government, health and human services arena.
Mr. Meyer, MHA, FACHE, is an experienced healthcare executive with a proven track record of high performance and stability in leading healthcare organizations. From 2007 to October 2021, Mr. Meyer served as the President of Aurora BaycareMedical Center (ABMC) in Green Bay, Wisconsin. Under his leadership, the hospital won numerous awards including #6 Best Hospital in Wisconsin in 2021 per Newsweek. Additionally, Mr. Meyer served as a Board Member of the Wisconsin Hospital Association from 2013-2021, where he was the chair of the board during 2020 & 2021. He holds a Masters of Hospital Administration from the University of Iowa and a BA of Business Administration from Loras College.
Mr. Alberto is a sales executive with (50) years of experience in the furniture industry. He currently works with HSM Solutions, and is an equity partner with Regency Fibers, a manufacturing company that supplies polyester fiber rolls and parts. Chuck is a successful entrepreneur who started a company in 1984 and had various suitors interested in purchasing the company. He sold the company in 1996 to Hickory Springs. In 2019 the opportunity came available to purchase Regency Fibers, and he and two other investors purchased the company. Through his strategic improvements Sales have increased 40% since his acquisition. Chuck holds a Bachelor's degree from Virginia Military Institute, he also attended UNC-Charlotte. His expertise; include strategic planning, marketing, and driving brand awareness. The opportunity to serve on the Affordable Housing Foundation Board is an honor, and I look forward to working with the other members.
Mr. Meisner is a lifelong business and community leader with more than five decades of experience in real estate, appraisal, and civic service. A graduate of Lenoir Rhyne University with a Bachelor of Science in Economics, Bruce began his career as the owner of Rusty Nail Restaurant and Bar before entering the real estate field. He obtained his real estate broker’s license in 1972 and soon after became a developer and builder of Suburban Meadows Subdivision. In 1974, he began practicing real estate appraisal and in 1978 founded Meisner Appraisal Business, which later merged with a division of Peoples Bank where he served as Vice President of the Appraisal Division. Bruce has held leadership positions across numerous organizations, including President of the Hickory Rotary Club, Chairman of the Hickory Multiple Listing Service, and Chairman of the Hickory Board of Realtors. He also served for more than 30 years on the Hickory City Council, twice as Mayor Pro Tem, and contributed his time to the Holy Trinity Church Council. Recognized for his service, Bruce was twice named Rotarian of the Year.
Mr. Wright serves as the board Secretary and Treasurer in addition to his CFO & CIO responsibilities for Affordable Senior Housing Foundation. He primarily leads all acquisitions and financial oversight for the foundation. Prior to joining ASHF, he spent the last decade working in Private Equity and Investment Banking for highly recurring revenue businesses in the lower-middle-market. He has an MBA in Finance, from the University of Tennessee.
At ASHF, we are redefining access to affordable senior care and setting new standards for quality, compassion, and innovation in underserved communities. Our commitment is to provide sustainable long-term care and cultivate thriving communities where seniors can live with dignity, purpose, and joy.
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