Waterfront Station II, an innovative mixed-income, mixed-use project in Southwest Washington, DC, will include 450 homes, including 136 units (30%) that will be deeply affordable and available to households earning less than 50% of the area median income (AMI). Half of those will be set aside for households earning less than 30% of AMI. The $179.5 million project was strategically developed so the market units help subsidize the affordable apartments.
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AHC Inc. announced it plans to transition its property management services to third-party management companies starting in January 2022. While managing the transition process into the new year, AHC Inc. will continue to focus on its mission to provide quality affordable housing and resident services, while engaging with residents and local leaders to help individuals and communities thrive.
When the pandemic prevented in-person learning opportunities, AHC’s Resident Services staff pivoted to online programming to keep students connected. As the year evolved, volunteers played a valuable role in providing different kinds of literacy-building opportunities for students. One such initiative was a weekly book club created by Anna Niepold, a senior at Stone Ridge School of the Sacred Heart in Bethesda, MD. The book club met weekly over Zoom, serving kindergarten through second graders in AHC’s Afterschool Program.
Over the past few months, we have made significant progress resolving deferred maintenance and resident concerns at The Serrano Apartments, which is under new management by our partner Drucker + Falk. We want to thank each of you for your partnership, honesty, and patience as we work with residents to make every home at The Serrano — and at every AHC apartment community — welcoming and comfortable.
On Friday, August 13, U.S. Department of Housing and Urban Development (HUD) Secretary Marcia Fudge, Congressman Don Beyer (VA-08), and City of Alexandria Mayor Justin Wilson visited AHC affordable housing community, The Spire, as part of a larger discussion about the nationwide affordable housing crisis.