AHC Greater Baltimore (AHC-GB) recently received a 2022 Thome Aging Well grant to support the expansion of physical and mental health services at MonteVerde, a 300-apartment community for residents 55+ and people who are disabled. The $250,000 grant focuses on treating substance misuse and high emergency room use, reflecting the disproportionate impact of COVID and lack […]
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Entries by Jennifer Smith
AHC Surpasses Milestone of 1,100+ affordable homes in Fairfax County AHC Inc., along with partner Insight Property Group, purchased the property formerly known as Colvin Woods Apartments located in Fairfax County, Virginia, for $72 million. Rebranded as Haven Reston, the 259-unit community will be preserved as affordable apartments for 30 years. The property was a […]
By the end of the year, AHC’s residents at The Spire in Alexandria will have access to free, high-speed internet in their apartments and in all common areas of the building. A generous $174,000 investment from Capital One is helping make this project possible. It includes equipment installation for a building-wide network, internet access through […]
Earlier this summer, fifth graders from AHC communities headed to college for the first time. They visited the University of Maryland as part of AHC’s Leaders in Training (LIT) program, a pilot program made possible this year through a Dominion Energy grant. The program included 12 Arlington students and led the group through the college and career path.
In June, the U.S. Treasury announced that AHC Inc. will receive $2M in federal funding from the prestigious Capital Magnet Fund. This funding will allow AHC to establish an internal revolving loan fund that will leverage an additional $20M in private capital to renovate at least 331 deeply affordable apartments at AHC communities in Northern Virginia, Baltimore, and suburban Maryland.