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.
On June 9, family, friends and mentors celebrated the 42 graduates of AHC’s College & Career Readiness (CCR) program. This was the highest number of graduating students since the program began. The CCR program also saw the largest number of overall participants this year, with 69 juniors and seniors from area high schools.
More affordable housing is coming to Baltimore, with the help of $2.9M in American Rescue Plan Act (ARPA) funding. The funding will go toward a new phase of the Key’s Pointe development. The 60 units that are part of this next phase will replace the existing public housing, along with market affordable units.
Students in AHC Inc.’s College and Career Readiness program gathered on May 6 for college signing day – where they announced their college plans and donned new t-shirts for their chosen colleges. This year, the CCR program included 42 high school seniors from households with lower incomes. These remarkable students earned more than $6.5 Million in scholarships and grants.
AHC Inc., and the Arlington Partnership for Affordable Housing (APAH) released a report conducted by CTC Technology & Energy that analyzes how to equitably and efficiently connect local low-income residents in Arlington to the internet. The report analyzed connectivity and construction data for 39 AHC and APAH affordable apartment communities of different sizes and types that provide homes for more than 5,100 families and individuals in Arlington.
This Volunteer Month, AHC is celebrating the nearly 350 individuals and groups who generously contribute their time and talents annually through our education and social services programs. Volunteers work directly with youth through our multi-tiered education program; provide invaluable helping hands during community activities; and, as AHC residents, regularly help their neighbors.
As part of Volunteer Month, MonteVerde Apartments celebrated a committed group of residents who jumped into action to help support residents during the pandemic and beyond. They delivered meals to residents’ doors, helped with monthly food distributions, checked on frail and elderly neighbors, assisted with vaccine clinics, and basically pitched in whenever anything was needed. Many were already long-time volunteers at the property and boosted their efforts as needs grew during the pandemic.
AHC Inc.’s Board of Directors is pleased to announce that Paul Bernard has been unanimously selected as the organization’s new President/Chief Executive Officer (CEO). He will join AHC in his new role on April 4.
AHC Inc. with partners Insight Property Group and Federal Capital Partners (FCP) announce the purchase of the property formerly known as Camden Largo Town Center apartments for $71.9 million in Largo, MD. Forty percent (98 apartments) of the 245-unit community will be preserved as affordable for 15 years. The community at 9701 Summit Circle will be rebranded Haven Largo.
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