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 […]
AHC Surpasses Milestone of 1,100+ affordable homes in Fairfax County (September 8, 2022) 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 […]
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.