News Release
AFFORDABLE HOUSING MANAGEMENT, INC. CONTACT: David B. Levy, Executive Director (336)273-0568 EXT 131
| FOR IMMEDIATE RELEASE
| Affordable housing MANAGEMENT ANNOUNCES RESIDENT EDUCATION AND ENRICHMENT FUND PROGRAM An initial SUCCESS
GREENSBORO, NC-Affordable Housing Management, Inc., (“AHM”) is pleased to announce its new Resident Education and Enrichment Fund (REEF) to assist residents living in AHM apartment communities is proving to be a success. In late April, AHM announced a reworked program to grant residents up to $500 per household, for education to enhance their employability. Partnering with the Community Foundation of Greater Greensboro, AHM’s Board of Directors had set up a $50,000 fund, with an additional $5,000 CFGG grant to create the fund over a year ago, but due to the initial program structure and requirements developed, the program did not take off.
AHM’s Board of Directors decided the fund needed to be amended in order for it to work. AHM staff collaborated with CFGG staff, reformatted the program, created new guidelines and simplified the application process. The program kicked off in April with resident meetings and mailings. In the first month of the program, fifteen applications were approved.
According to AHM’s Executive Director, David Levy, “The goal for this program is for it to be an easy process for AHM’s residents to apply so that it encourages them to seek out educational opportunities that will boost their job opportunities.” Awards have been granted to residents enrolled or enrolling at NC A&T, GTCC, Brookstone College, WSSU, and Phoenix University, among others. “The Resident Education and Enrichment Fund is an important and unique opportunity for helping Greensboro citizens achieve their employment objectives,” said Walker Sanders, the president of The Community Foundation of Greater Greensboro. “Over the past year, the Foundation, with our task forces, has been heavily immersed in examining ways our community can improve our local economy and job opportunities. The purpose of this fund is a terrific complement to these efforts. By working together, we can truly make a difference. We are honored and proud to have this AHM fund at The Community Foundation, and we encourage people to support it.” Donations to the fund are accepted through CFGG and at their website. AHM is a 43 year old private nonprofit that develops and manages apartment communities throughout Greensboro and the surrounding area. Through development and management, AHM accomplishes its mission to tear down barriers, lower cost, and increase opportunities for quality affordable rental housing for low to moderate income households, including the elderly and disabled. AHM is located at 330 South Greene Street, Suite B-11. For more information on AHM, call 336-273-0568, ext. 126, email info@ahmi.org or visit www.ahmi.org.
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