AHSC’s three core business areas are Development, Grants, and Financing.
AHSC’s three core business areas are Development, Grants, and Financing.
AHSC is always seeking opportunities to develop new affordable housing units either through new construction or adaptive re-use. Additionally, AHSC looks to acquire existing affordable housing properties that may be at risk of losing its affordability, and/or is in need of capital restructuring and rehabilitation.
AHSC strategically pursues competitive capital grant funds from public and private sources that can be applied toward our development projects. AHSC also provides small grants and donations to community-based and service-based organizations that provide services to residents of affordable housing at our affiliated properties.
AHSC plays a significant role in facilitating the capital restructuring and financing of our affordable housing projects by serving as a conduit lender of tax credit equity, a mortgage assignee, as well as seeking and providing pre-development and resident service funds.
