( 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 professionals and advocates from the Washington, DC, metro region.
Mr. Webdale has been in the affordable housing business for more than 50 years. He was just 22 when he and his brother, with capital borrowed from their grandmother, purchased and redeveloped an old stone barn into three townhouses in western New York. A few years later he landed his first housing job when he was named Director of Urban Renewal and Director of the Housing Authority in Batavia, NY. A pioneer in the field of urban renewal, Mr. Webdale directed the redevelopment of the Glen Cove, NY business district as well as the revitalization of the Hudson riverfront in Yonkers, NY. In 1971, he joined the New York State Urban Development Corporation as Director of Projects for the Westchester County Office.
In 1974, Mr. Webdale moved his young family to Reston, Virginia where he became the first director of the Fairfax County Department of Housing and Community Development, a position he held until 1999. During his tenure, the agency won national recognition as a leader and innovator in affordable housing, earning more than 40 awards for project design, community development, property management and affordable housing finance.
He became President and CEO of AHC Inc. in 1999. Under his leadership, AHC has more than quadrupled its multifamily housing portfolio from 1,600 units at 13 properties in 1999 to more than 6,500 units at 50 properties today. In 2001, Mr. Webdale developed AHC’s first multifamily property outside of Arlington. Today, AHC has 22 multifamily properties outside of Arlington, including eight in the Baltimore area and six in Montgomery County. During his tenure, AHC opened an office in Baltimore, established its own property management company, and more than doubled the Resident Services community outreach programs.
Prior to joining AHC, Mr. Webdale was Director of the Fairfax County Department of Housing and Community Development for 25 years. During his tenure, the agency won national recognition as a leader and innovator in affordable housing, earning more than 40 awards for project design, community development, property management and affordable housing finance.
“Walter has been a true and long-standing supporter of our organization and our cause,” said Michelle Krocker, Executive Director, Northern Virginia Affordable Housing Alliance. “His well-regarded leadership and support for affordable housing have made a lasting impact on housing opportunities for low- and-moderate income families throughout Northern Virginia.”
Mr. Webdale is a past board member of the National Housing Conference, a past president and past board member of the National Association of Local Housing Finance Agencies (NALHFA) and the National Association of County, Community and Economic Development Associations (NACCED). He also served on the Editorial Advisory Board of the Housing and Development Reporter.
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 6,500 apartment units in 50 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.