A year ago, AHC Inc., like most organizations, had to shutter its in-person activities in response to the fast-moving pandemic. At the same time, AHC had to quickly switch gears to respond to new and accelerating needs among our residents. Thanks to a committed and determined Resident Services team, AHC Inc. was able to spring into action to help more than 3,000 residents weather the challenges of the pandemic, including accessing $2.7 million in rental relief funds.
AHC Inc. has acquired two prime properties in Fairfax County, which will preserve 292 affordable homes on a 16-acre site in the Fort Belvoir/City of Alexandria Route 1 corridor. The acquisition was made in partnership with Virginia Housing and Fairfax County to fulfill their goal of providing safe, affordable homes for the residents of Fairfax County.
This acquisition ensures the preservation of 292 apartments as affordable homes. The properties will provide homes for residents earning between 50% and 80% of the Area Median Income or between $63,000 and $79,600 for a family of four. Affordability will be implemented in a phased approach upon turnover.
AHC has been working diligently to provide residents with well-needed relief since the start of the pandemic. Working with its Resident Services team and property management arm, AHC Management, AHC has established 18 new food distribution sites, provided grocery gift cards for over 3,000 families, and secured over $2.3 million dollars in rental assistance for their residents.
With more than 1,600 affordable apartments in the Baltimore region, AHC Greater Baltimore continues to expand its portfolio. During 2020, the organization began renovation work on its first property, Greenspring Overlook, and moved forward on several new projects.
To help residents through the ongoing pandemic, AHC Inc. is extending our rental assistance efforts through March 31, 2021. This means we will continue to waive all late fees, freeze rent increases, and suspend all evictions for all residents experiencing economic hardships due to COVID-19.