Posts

AHC Inc., City Officials and Partners Celebrate 78 New Affordable Apartments in Alexandria

Jackson-Crossing-opening-final

April 18, 2016 – City of Alexandria officials, project partners and residents joined AHC Inc. to celebrate the official grand opening of Jackson Crossing, a new affordable apartment building in Alexandria, VA on Saturday, April 16.

Developed by AHC Inc., a regional affordable housing developer based in Arlington, VA, the rental community is home to 78 families with incomes at or below 60% of the Area Median Income (approximately $65,000 annually for a four-person household).

“Jackson Crossing is AHC’s first affordable apartment community in Alexandria,” said Walter D. Webdale, AHC President and CEO. “With 40 years of experience developing affordable housing in the region, AHC is delighted to partner with Alexandria and is looking forward to opening at least two more projects in the City in the next few years.”

Jackson Crossing has 14 one-bedrooms, 51 two-bedrooms, and 13 three-bedroom apartments.  Five of the apartments are ADA accessible. The apartment community includes a 750-square-foot community room where programs and services are offered for residents, underground parking and a 700-square-foot roof terrace. The building includes many green features, is EarthCraft certified, and provides 25% higher energy efficiency than typical standards.

The property’s location, across the street from Potomac Yard and steps away from DASH, Metroway/bus rapid transit and Metro options, adds to the desirability of the apartments. Market-rate condominiums and town homes are across the street and the Capitol dome is visible in the distance.

“The City values its partnership with AHC and is very pleased to be celebrating the addition of 78 new affordable homes at Jackson Crossing in such an amenity-rich area,” said City of Alexandria Mayor Allison Silberberg.

More than 500 people were on a waiting list when the apartments opened. Today’s residents are a diverse group of people from all walks of life, including senior citizens, veterans, a former teacher’s aide, a bus driver, flight attendants and families with children of all ages.

The Alexandria City Council approved the affordable housing project in 2013. The city loaned $2.5 million to AHC and also transferred a city-owned parcel of land to AHC for the project. Six adjacent parcels assembled by AHC make up the rest of the site.

Jackson Crossing was designed by Bonstra|Haresign Architects and built by Harkins Builders Inc.  It was financed by loans from Capital One Bank, the City of Alexandria, Low Income Investment Fund (LIIF), NeighborWorks America, AHC Inc., and 9% Low-Income Housing Tax Credit equity from Hudson Housing Capital issued by the Virginia Housing Development Authority (VHDA).

Photo caption:  City of Alexandria officials, including Mayor Allison Silberberg and City Council members, AHC staff, project partners, and residents cut the ribbon at Jackson Crossing, 78 new affordable apartments in Alexandria, VA, on Saturday, April 16. (Photo by John Dawson, Harkins Builders)

##

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 7,000 apartment units in 52 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.

 

AHC Inc. and PN Hoffman Win Right to Develop Southwest DC Parcel

Waterfront-Station-II---1420

March 30, 2016 –  The DC Office of the Deputy Mayor for Planning and Economic Development (DMPED) has selected AHC Inc., PN Hoffman and several other partners to develop Waterfront Station II, a 59,000-square-foot lot adjacent to the Southwest Waterfront Metro station in Washington, DC. This is the last of the Waterfront Station parcels in the Southwest community.

PN Hoffman is the senior partner and AHC is developing the affordable housing component. Other partners include ER Bacon Development, LLC; CityPartners; and Paramount Development LLC.

Designed by Torti Gallas, the 400,000 square-foot, mixed-income, mixed-use building will include 133 affordable apartments (30% of the total), 310 market-rate apartments, a 10,000-square-foot black box theater and cultural artist space, and approximately 20,000 square feet of neighborhood-serving retail. The project is being designed to achieve LEED Gold certification.

“AHC is delighted to provide the affordable housing piece of this vibrant project, which will bring much-needed quality affordable living opportunities to the Southwest community and help residents live closer to where they work, the Metro and retail opportunities,” said Walter D. Webdale, AHC President and CEO.”

The community-minded proposal won the neighborhood’s support earlier in the application process – thanks to its diverse housing for a mix of incomes, neighborhood-serving retail, and unique cultural offering that aims to continue building DC’s Southwest neighborhood as a premier arts and cultural destination.

“The Southwest Waterfront is experiencing a renaissance unlike anything else in the District,” said PN Hoffman founder and CEO Monty Hoffman. “We are confident that our plan to revitalize a key portion of 4th Street SW will enhance the livability and allure of the neighborhood.”

##

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 7,000 apartment units in 52 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.

 

The Shell Named Multifamily New Construction Project of the Year at Sustainable Leadership Awards

The-Shell-Col

March 30, 2016 – The Shell received the award for Multifamily New Construction Project of the Year at the recent 2016 Sustainable Leadership Awards held in Richmond, VA.

The annual award recognizes the region’s premier developers, builders, architects, government officials and other industry professionals for their work in advancing the benefits of sustainable building.

The Shell is AHC’s third EarthCraft certified new construction project in Virginia. “We take pride in building our apartment communities to stand the test of time,” said Carlton Miller, AHC’s Vice President of Construction. “EarthCraft is a natural partner for us because we are both committed to creating a more efficient and healthy environment for our residents.”

The Shell, which opened for residents in 2015, provides 83 affordable apartments for families earning between 50% and 60% of the Area Median Income (AMI) There are five efficiencies, 10 one-bedroom apartments, 63 two-bedroom units, and 5 three-bedroom apartments

Designed by Cunningham-Quill Architects and constructed by Harkins Builders, the six-story structure is built around a central, green courtyard. The building also features a green roof, a community center, a fitness room for residents, a management office and 6,600 square feet of retail space on the first floor along Columbia Pike.

Other project partners include: Arlington County, Virginia Housing Development Authority, Capital One Bank and Hudson Housing Capital.

About EarthCraft and Viridiant

The EarthCraft program was created in 1999 by a partnership between Southface Energy Institute and the Greater Atlanta Home Builders Association and was brought to Virginia in 2006. Operated by Viridiant in Virginia, Washington, DC and Maryland, EarthCraft is a family of green building certification programs designed to address climate, energy and water issues unique to the southeastern United States. The program serves as a blueprint for energy and resource-efficient single-family homes, multifamily structures, renovation projects, community developments, light commercial buildings and sustainable preservation projects.

Viridiant is a non-profit organization committed to supporting sustainable building processes through education, consultation and certification. Through these efforts, Viridiant helps to set a path for businesses and homeowners to create structures that are more affordable, more liveable and more durable. Following 10 years of advocating for sustainable homes and buildings across the Commonwealth, EarthCraft Virginia took on the new name Viridiant, in order to serve an even broader range of goals.  Learn more at viridiant.org

##

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 7,000 apartment units in 52 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.

 

ahc-inc-davis-place-wins-design-award-705x397

Davis Place Wins DESIGNArlington 2015 Award

Davis-Place-wins-design-award

February 5, 2015 – Davis Place, a 10-unit condominium in Arlington’s Nauck neighborhood, has received a DESIGNArlington 2015 Merit Award. The biennial awards program aims to increase public awareness of outstanding design in Arlington. Davis Place, which was developed by AHC Inc., provides affordable homeownership opportunities for moderate-income families. The project was designed by Cunningham Quill Architects and built by Abramson Properties.

The three-story, burgundy and beige building is open and airy with large windows, spacious living spaces, wide kitchens, extra storage space, and outdoor living areas for each home. Six of the 10 condos are three-bedroom units with more than 1,350 square feet.  The remainder of the apartments have two bedrooms. The homes are available to first-time homebuyers who earn up to 80 percent of the Area Median Income, which is $87,360 for a family of four.

Many factors contributed to the Davis Place story – a generous donor, an impassioned community activist, a 30+ year partnership between AHC and the Nauck neighborhood, and funding support from Arlington County that helps make the homes affordable to moderate-income buyers.

The project began when AHC Inc., an Arlington-based nonprofit developer, received the property from an anonymous donor, who stipulated the land be used for affordable housing.

“The generous donation gave AHC an opportunity to focus on a challenging niche – moderate-income families who have a particularly hard time finding affordable homeownership options in Arlington,” explained Walter D. Webdale, AHC President and CEO. “We worked with Cunningham Quill to create a cohesive design that said this was a community – and not just another generic condo building that looked like apartments.”

Arlington County’s Moderate Income Purchase Assistance Program (MIPAP) is a critical part of the project’s affordability. The County’s program, which enables eligible homebuyers to receive up to 25 percent of the purchase price, covers a large amount of the down payment and closing costs and reduces the mortgage on the home to a manageable amount

The building is named in honor of Jennie Davis, an AHC founding member and a long-time affordable housing advocate. Ms. Davis lived in Nauck and was president of the Nauck Civic Association for more than 20 years. “Jennie was dedicated to making affordable housing a reality for more Arlington residents, and this building ensures her legacy lives on,” says Carlton Miller, AHC’s Vice President of Construction.

The ArlingtonDESIGN program, initiated in 2009, recognizes design work that enhances all aspects of the County’s built environment, such as notable architectural, historic preservation, landscape and public art projects. Two other AHC properties have also received recognition through the DESIGNArlington program – The Jordan in 2011 and The Shelton in 2009.

##

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.

 

AHC Inc. Develops or Renovates 1,500 Affordable Apartments in 2015

keys-pointe-woodbury-shell-2

(December 23, 2015 – Arlington, VA) – AHC Inc. has been busy in 2015 – working hard to bring more than 1,500 new or renovated affordable apartments to the mid-Atlantic region. We have opened the doors to two brand new apartment buildings, started or completed renovation of five existing affordable rental communities, and created new partnerships to finance and develop several additional affordable housing opportunities in the region.

AHC’s 2015 development activities include:

Arlington

We opened The Shell – a brand new apartment building that we created out of a steep hill and a gas station. Today, 83 families call this place home. And Woodbury Park, with 364 units, is under renovation. The historic renovation of the 1940s garden community is more than halfway finished, scheduled for completion in late 2016.

Alexandria

AHC’s first construction project in Alexandria, Jackson Crossing, is complete. Along with 78 affordable apartments, it also includes a roof patio and proximity to public transportation, jobs and shopping. We are delighted to partner with The Campagna Center, a long-time educational provider in Alexandria, to provide an onsite preschool. Families will start moving in this winter. AHC also closed on a new property, to be called St. James Plaza, which will transform property owned by the St. James United Methodist Church and the Bi-District Office of the Northern Virginia Methodist Church into 93 affordable apartments adjacent to market-rate homes

Montgomery County

We finished renovations at The Birches, a 228-unit apartment community in Silver Spring, which we purchased with the help of the Housing Partnership Equity Trust (HPET), a social purpose real estate investment trust. We are also renovating a senior citizen community called Charter House in Silver Spring that has 212 units.

Baltimore

We are continuing to build out a 62-acre old public housing site called Key’s Pointe. It’s an exciting project and we look forward to watching the area ultimately transform into 900 homes. The renovation of Madera, 47 units, should be completed this winter. We are partnering with HPET to purchase a 312-unit rental townhome community outside of Baltimore. Our homeownership project, MonteVerde Rowe, is growing. So far, we have sold four totally renovated homes to first-time homebuyers and we are continuing to renovate more homes on the block.

DC

Our first partnership, Lincoln Westmoreland, has 56 new units under construction and is adjacent to 108 renovated affordable apartments at the Shaw Metro station. We are working on another proposal for a large project along the Southwest waterfront.

Photo: From left to right: Key’s Pointe will ultimately include up to 900 homes (left); the renovation of Woodbury Park is expected to be completed in 2016 (center); and The Shell is now home to 83 families in Arlington (right). 

##

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.