Baltimore, Md. (May 6, 2014)---AHC Greater Baltimore, Inc., a developer of affordable housing communities in the greater Baltimore region, has been awarded a two-year $80,000 grant from the Harry and Jeannette Weinberg Foundation's Maryland Small Grants program.
According to Allison Pendell Jones, assistant director of resident services, the grant will be used to support the AHC Greater Baltimore's financial literacy and asset building program that helps to build financial stability for low-income families, seniors and persons with disabilities.
Elements of the program include budgeting and saving, repairing credit, finding employment, preventing eviction, bill paying and providing referrals to workforce partners.
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"The grant will allow us to deepen the one-on-one coaching work with 165 people currently enrolled in the program. This coaching is where the real and substantive changes for the residents can be made," said Pendell Jones.
About AHC Greater Baltimore
AHC Greater Baltimore has been in the Baltimore region since 2002 and has developed six properties with more than 1,000 affordable apartments. Projects include Barclay Greenmount, Greenspring Overlook, Kirkwood House, Lansdowne Apartments, MonteVerde and Union Rowe. Additionally, AHC Greater Baltimore recently purchased Woodland Apartments I & II in Park Heights and is also on the development team for Key's Pointe, now welcoming new residents in the first phase of a multi-year redevelopment. AHC Greater Baltimore is part of AHC, Inc., headquartered in Arlington, Va., a private, not-for-profit developer of affordable housing in the Mid-Atlantic region providing quality homes for low- and moderate-income families. For more information visit www.ahcgreaterbaltimore.org .