AHC INC. C H U R C H O F T H E R E S U R R E C T I O N B UILDING - - PowerPoint PPT Presentation

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AHC INC. C H U R C H O F T H E R E S U R R E C T I O N B UILDING - - PowerPoint PPT Presentation

AHC INC. C H U R C H O F T H E R E S U R R E C T I O N B UILDING A FFORDABLE H OUSING AND STRONG FUTURES SINCE 1975 Presentation to Goodwin House July 19, 2017 07.19.2017 9 C H U R C H O F T H E R E S U R R E C T I O N 501(C)(3)


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AHC INC.

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C H U R C H O F T H E R E S U R R E C T I O N

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BUILDING AFFORDABLE HOUSING AND

STRONG FUTURES SINCE 1975

Presentation to Goodwin House July 19, 2017

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C H U R C H O F T H E R E S U R R E C T I O N

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  • 501(C)(3) Non-Profit Organization
  • Mission-driven, real estate development firm
  • One of Northern Virginia’s oldest & largest

affordable housing groups

  • Recognized regionally for well-designed, well-

maintained affordable and moderate-income housing

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C H U R C H O F T H E R E S U R R E C T I O N

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  • Multifamily Development
  • Construction Management
  • Asset Management
  • Property Management
  • Resident Services

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C H U R C H O F T H E R E S U R R E C T I O N

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  • 7,200+ apartment homes in 51 properties in the

Washington and Baltimore metropolitan areas

  • Projects range from 9 to 768 units
  • 70% of units are leased to households earning at
  • r below 60% AMI (Washington AMI-$110,300

for a family of four)

Range of Incomes for most AHC residents

  • Family of 1: $38,650-$46,380
  • Family of 4: $55,150-$66,180

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C H U R C H O F T H E R E S U R R E C T I O N

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  • Episcopal Church of the Resurrection—Sponsor
  • AHC Inc.—Developer
  • Cunningham/Quill Architects(Lee Quill)—Architect
  • Land Carroll & Blair (Duncan Blair)—Zoning Attorney
  • Walter L. Phillips—Civil Engineer

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C H U R C H O F T H E R E S U R R E C T I O N

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  • Promotes learning & connects families

to services

  • AHC invests $1.2 million annually and

serves more than 2,000 persons

  • AHC has partnerships with 30+

community organizations, and 150 volunteers assist with programs

  • Results
  • 100% of high school participants

graduate & 95% attend college

  • 75% of all participants have GPA of

3.0 or higher 6

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C H U R C H O F T H E R E S U R R E C T I O N

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  • Works with community associations
  • Has ongoing relationships with neighboring

properties

  • AHC affordable buildings share space with:
  • Campagna Center
  • Montessori Schools
  • Market-rate condominiums
  • Market-rate office buildings
  • Has not sold any properties larger than six units

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C H U R C H O F T H E R E S U R R E C T I O N

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  • New construction in Alexandria

(at Fillmore & Beauregard)

  • 93 units under construction with

expected 2018 completion

  • Subdivision of two parcels for

affordable housing and market- rate townhome development

  • $33 million total development

cost financed with 9% LIHTC, conventional debt, City subordinate financing, and sponsor loan

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C H U R C H O F T H E R E S U R R E C T I O N

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  • New construction in Arlington’s Ballston

neighborhood

  • 90 affordable units
  • Partnered with JBG & Arlington County
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C H U R C H O F T H E R E S U R R E C T I O N

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  • 99 market-rate condos

and 108 affordable rental units

  • Extensive resident

programming and AHC corporate offices on ground floor

  • Walking distance to

Courthouse Metro, shopping, park

  • Next door to $1 million

townhomes

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C H U R C H O F T H E R E S U R R E C T I O N

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  • Community partnership with

Macedonia Baptist Church

  • 36 apartments; new

construction

  • Business incubator and

community development corporation offices on 1st floor

  • Partial green roof and advanced

heating/cooling system

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C H U R C H O F T H E R E S U R R E C T I O N

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  • 78 new, affordable

apartments

  • Combined seven parcels of

land (including a former gas station) to create a viable project

  • Numerous redevelopment

plans tried and failed over the past 20 years

  • Features: on-site child

education programming; walking distance to shopping, BRT, and proposed Metro station

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C H U R C H O F T H E R E S U R R E C T I O N

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  • Historic property with 465

mixed income, garden-style apartments on 17 acres

  • New 10,000 square-foot

community center houses extensive resident services

  • Named “Best Project

Virginia 2008” by the Housing Association of Nonprofit Developers (HAND)

  • Historic Preservation Award

—U.S. Department of the Interior

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C H U R C H O F T H E R E S U R R E C T I O N

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  • 83 affordable rental units

and 6,300 square feet of retail

  • Redevelopment of gas

station (brown field)

  • Near bus transit, retail,

and job centers

  • Features: Community

room, fitness center, interior courtyard, EarthCraft-Platinum rating

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C H U R C H O F T H E R E S U R R E C T I O N

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  • Multifamily New Construction Project of the Year,

Sustainable Leadership Awards, The Shell, 2016 (CQA)

  • Residential Design Award Winner, Davis Place, 2010 (CQA)
  • American Institute of Architects/DC Chapter Design Awards,

The Shelton, 2009

  • National Trust for Historic Preservation, National Trust Board
  • f Advisors’ Award, Gates of Ballston, 2009

15 Design Arlington:

  • DesignARLINGTON Merit Award, Davis Place, 2015 (CQA)
  • DesignARLINGTON Merit Award, The Jordan, 2011
  • DesignARLINGTON Merit Award, The Shelton, 2009

Affordable Housing Conference of Montgomery County, MD:

  • Architectural Design Award, Jackson Crossing, 2016
  • Design Award for New Construction, The Macedonian, 2013

Other Awards:

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C H U R C H O F T H E R E S U R R E C T I O N

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John Welsh Vice President-Multifamily 703-486-0626 x113 welsh@ahcinc.org Walter D. Webdale President & CEO 703-486-0626 x110 webdale@ahcinc.org Haley Norris Development Manager 703-486-0626 x170 haley.norris@ahcinc.org

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