AvalonBay Contributes $35,000 to Arlington Partnership for Affordable Housing
March 14 2017 - 8:00AM
Business Wire
AvalonBay Communities, Inc. (NYSE: AVB) – a trusted name in
multifamily housing, headquartered in Arlington, Virginia –
announced today its contribution of $35,000 to the Arlington
Partnership for Affordable Housing (APAH). Since 2015, including
this latest donation, the Company has contributed $85,000 to
support APAH’s mission of helping lower income families secure
affordable housing in Arlington.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20170314005164/en/
APAH's Nina Janopaul and John Milliken
accept AvalonBay's $35,000 donation from Matt Birenbaum, Mark
Delisi and Christine McElhinney (Photo: Business Wire)
Matthew Birenbaum, Chief Investment Officer of AvalonBay and
current board member of APAH, commented: “AvalonBay is committed to
giving back to the communities in which we do business through our
Building Strong Communities corporate philanthropy program. We are
very fortunate that we have the opportunity to partner with a
best-in-class affordable housing non-profit like APAH located right
here in our hometown of Arlington. We know that Arlington County is
a terrific place to live and work, but it is also an expensive
place to live, and we continue to work with APAH so more residents
of all incomes are able to call Arlington home.”
AvalonBay’s partnership with APAH also actively engages
AvalonBay associates and residents in volunteer opportunities with
the non-profit organization. These activities include clean up
days, painting and property maintenance, hosting children’s crafts
parties and book fairs, and providing “Welcome Home” baskets for
new residents, as well as providing specialized expertise and
advice on real estate matters to APAH’s professional staff.
Nina Janopaul, APAH Chief Executive Officer, said: “We are
grateful for AvalonBay’s continued support that is so vital to our
work to develop, provide and advocate for quality affordable
housing in Arlington. AvalonBay is a fantastic partner, providing
philanthropic support, countless hours of employee volunteer work,
and deep expertise which they give generously through Board service
and sharing real estate know-how.”
AvalonBay’s partnership with APAH is one component of the
Company’s philanthropic efforts and commitment to corporate
responsibility. AvalonBay has a history of giving back by sharing
its resources, talent and time to make meaningful, lasting change
in the neighborhoods where it does business and promote the
well-being of those who live there. AvalonBay, across its local
markets, supports more than 55 not-for-profit organizations focused
on affordable housing and supporting the disadvantaged. In
addition, AvalonBay is a national disaster recovery partner with
the American Red Cross.
About AvalonBay Communities, Inc.
AvalonBay is an equity REIT in the business of developing,
redeveloping, acquiring and managing apartment communities in the
leading metropolitan areas in New England, the New York/New Jersey
Metro area, the Mid-Atlantic, the Pacific Northwest, and the
Northern and Southern California regions of the United States. As
of December 31, 2016, the Company owned or held a direct or
indirect ownership interest in 285 apartment communities containing
83,667 apartment homes in 10 states and the District of Columbia,
of which 27 communities were under development and four communities
were under redevelopment. More information may be found on the
Company’s website at www.avalonbay.com.
Copyright © 2017 AvalonBay Communities, Inc.
All Rights Reserved
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170314005164/en/
AvalonBay Communities, Inc.Kurt ConwaySenior Vice PresidentBrand
Strategy & Marketing703-317-4611
Avalonbay Communities (NYSE:AVB)
Historical Stock Chart
From Aug 2024 to Sep 2024
Avalonbay Communities (NYSE:AVB)
Historical Stock Chart
From Sep 2023 to Sep 2024