Goodwill of Greater Washington and AHC Inc. will partner together on a groundbreaking initiative to provide a critically needed, service-enriched, affordable housing community and a new, world-class, retail store and donation center on the site of the existing Goodwill store on Glebe Road in Arlington, VA.
AHC Inc. and Habitat for Humanity Metro Maryland broke ground on a 195-home, deeply affordable community. The development is one of the largest new construction, affordable development of its kind in Montgomery County, Maryland, and includes 85 hard-to-find, family-sized, three- and four-bedroom homes.
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.
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.
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.
Generous community members made the holidays brighter for AHC residents of all ages with visits from Santa, Christmas trees, toys, and gift bags.
Waterfront Station II, an innovative mixed-income, mixed-use project in Southwest Washington, DC, will include 450 homes, including 136 units (30%) that will be deeply affordable and available to households earning less than 50% of the area median income (AMI). Half of those will be set aside for households earning less than 30% of AMI. The $179.5 million project was strategically developed so the market units help subsidize the affordable apartments.
AHC Inc. announced it plans to transition its property management services to third-party management companies starting in January 2022. While managing the transition process into the new year, AHC Inc. will continue to focus on its mission to provide quality affordable housing and resident services, while engaging with residents and local leaders to help individuals and communities thrive.
