(September 10, 2015 – Arlington, VA) – AHC Inc., a not-for-profit affordable housing developer, yesterday presented Arlington County with a $2.5 million loan repayment – one of the organization’s largest lump sum payments. Since the 1980s, Arlington County’s Affordable Housing Investment Fund (AHIF) has loaned funds to developers like AHC to help acquire, build or […]
(August 15, 2015 – Arlington, VA) – AHC students had a banner year in all three of our education programs – Teen Tutoring, After-School for elementary students and Summer Camp. In the Teen Tutoring program, all nine of the seniors graduated from high school and, impressively, they are all planning to go to college. Together, […]
( June 23, 2015 – Arlington, VA) – The Housing Association of Nonprofit Developers (HAND) today presented AHC Inc.’s President and CEO Walter D. Webdale with the prestigious President’s Choice Award, which honors lifetime achievement in the affordable housing industry. The award was announced during HAND’s Annual Meeting that gathered together more than 1,000 affordable housing […]
(June 5, 2015 – Arlington, VA) – AHC Inc. today dedicated the Gates of Ballston Community Center to Charlie and Lora Rinker to honor their 40+ years of working tirelessly for social justice in Arlington. Thanks to their efforts, countless Arlingtonians live in affordable homes and those needing emergency shelter can find a warm bed […]
Dozens of supporters, community residents and local officials celebrated the grand opening of The Shell on May 14 in Arlington, VA. AHC’s newest building provides 83 affordable new homes along Columbia Pike for individuals and families earning between 50% and 60% of the Area Median Income (AMI). The six-story apartment building includes 5 three-bedroom apartments, […]
(January 23, 2015 – Arlington, VA) – Bucking the trend of apartment communities in the Washington region becoming less affordable, AHC Inc., a regional affordable housing developer, closed on eight multifamily transactions in 2014 with a total development value of $331 million and containing more than 1,400 units — pushing AHC’s total multifamily portfolio above […]
Financing and developing affordable housing is challenging – especially in dense urban areas like the Washington, DC, metro region. To become more nimble in today’s competitive market, AHC Inc’s multifamily development team is creating innovative financing strategies that go beyond traditional affordable housing tools. In Arlington, VA, AHC partnered with such organizations as Freddie Mac, […]
Israel Weldeslassie only began speaking English about a year ago when he moved to Arlington from Eritrea. Despite having to learn a new language and reading at about a first grade level, the 7th grader is making amazing progress and is enthusiastically optimistic about his new life. Much of his success is due to his […]
As housing costs escalate and the number of affordable apartments dwindles, AHC is working hard to create innovative partnerships and financing opportunities to preserve and develop housing opportunities in the VA-MD-DC region. In 2014, AHC’s multifamily development team closed on eight transactions with a total development value of $331 million and containing more than 1,400 […]
Long-time (11 years!) volunteers Joanna Miller and Roger Brown have created a scholarship exclusively for AHC students in 2014. They presented the first-ever merit scholarship to Sivia Campos, who has participated in AHC’s education programs since 2nd grade. Sivia is now attending the University of Mary Washington. The scholarship fund, which is managed by the […]
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- http://t.co/mtJHWDAHRi names Arlington #1 school district in VA! Congrats to @APSVirginia, teachers & students! http://t.co/IX6TF3YMnN
- Congrats to Patrick Henry Elementary & @APSVirginia for being named a National Blue Ribbon School. #lovelearning http://t.co/KtH61ujckL
- Arlington County Board candidates split on affordable housing issues. @arlnow sums up @VOICEVirginia debate. http://t.co/6ocLe7Myds