Along with developing affordable rental communities, AHC Inc. also works with local communities on initiatives that help provide housing for people struggling with severely challenging issues – homelessness, abuse, or disabilities. These activities include providing permanent supportive housing units at many of our communities in Arlington and including ADA-accessible apartments when constructing or redeveloping a community.
Recently, AHC worked with Montgomery County Coalition for the Homeless (MCCH) and its affiliate affordable housing developer Coalition Homes (CH) to respond to the growing need for homes for individuals transitioning out of homelessness.
The partnership had its roots in a 2009 transaction that enabled AHC, in conjunction with Montgomery County’s Department of Housing and Community Affairs, to purchase six, two-bedroom condominium units in Gateway Commons in Clarksburg, MD. The acquisition preserved the town house units as moderately priced rentals for households earning up to 55% of the area median income.
Earlier this year, MCCH obtained a significant number of housing subsidy vouchers and needed to expand its rental housing portfolio to accommodate the additional households. The organization reached out to AHC to see if they could work out an agreement to purchase the six town house apartments, and with strong support from Montgomery County, an agreement was reached that enabled CH to acquire the homes at a modest price, while also allowing AHC to recoup its investment. A win-win partnership for all.
Photo caption: AHC Inc. partnered with Montgomery County’s Department of Housing and Community Affairs, to preserve six, two-bedroom condominium units as affordable homes in Gateway Commons in Clarksburg, MD.
Founded in 1975, AHC Inc. is a nonprofit developer of affordable housing in the mid-Atlantic region that provides quality homes and education programs for low- and moderate-income families. Based in Arlington, VA, AHC has developed more than 7,000 apartment units in 52 properties in Virginia and Maryland. AHC’s Resident Services program reaches 2,000 children, teens, adults and seniors each year through onsite education programs and activities.