(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 […]
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 […]
Every day, 10,000 Baby Boomers turn sixty five years old. In Arlington, one in five residents will be 60 or older by 2020. As the number of senior citizens grows, affordable living opportunities for older Americans are becoming an increasing need. AHC currently operates three apartment communities for senior citizens. All provide programs and staff […]
It’s hard to say who has more fun during AHC’s six-week Summer Camp – the staff or the children. AHC Resident Services staff are hard at work getting ready for this year’s Summer Camp. The theme is going to revolve around the arts, which will encourage lots of creativity and fun along with plenty of […]
One of the biggest advantages of smart growth – housing built in walkable neighborhoods located near mass transit, grocery stores, and shops – is that it creates desirable communities and draws homebuyers. A National Association of Realtors survey found that more than half of respondents preferred a smart growth neighborhood to a suburban subdivision. But […]
We are so proud … AHC has been named one of the Best Places to Work in Virginia by the Virginia Business and Best Companies Group. AHC has also been recognized as one of the Best Nonprofits to Work for by Nonprofit Times for FOUR years in a row! One program that contributes to our […]
Thank you for all your support in 2015 – It’s been a great year! Thanks to your help, AHC Inc. had a banner year. We developed or renovated more than 1,500 affordable apartments, helped hundreds of our residents build stronger futures, and fostered countless community partnerships. Here are 10 of our favorite 2015 accomplishments: AHC developed, […]
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 […]
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