Press Releases2023-08-24T14:37:17+00:00

AHF Grieves the Passing of Founding Trustee Rich Whaley

  It is with great sadness that Atlantic Housing Foundation announces the passing of longtime friend and founding trustee, Rich Whaley. Rich was diagnosed with metastatic pancreatic cancer just days before his passing on January 13, 2024, at the age of 79. Over the course of his 45+ years in real estate, Rich was passionate about promoting and preserving quality affordable housing and related services for low and moderate-income families. He served on

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AHF Mourns the Loss of Founder and Board Member Dan French

It is with deep sadness that Atlantic Housing Foundation announces the passing of dear friend, Founder and Board Member, Dan French. Dan passed away from natural causes at the age of 73. Dan established Atlantic Housing Foundation (AHF) in South Carolina in 1999 as a 501(c)3 non-profit organization. His vision was to create a world-class, affordable housing organization to serve low and moderate income families. He served as President and CEO of Atlantic

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Atlantic Housing Foundation Welcomes New Leaders to Drive Continuous Growth

(September 12, 2023 - Dallas, TX) Atlantic Housing Foundation just welcomed a new Chief Operating Officer, Carrie Stumfall, and a new Director of Development and Acquisitions, Timothy Cone, to help drive the continuous, rapid growth the Dallas-based affordable housing provider has experienced over the past 10 years. Carrie Stumfall is a dynamic executive with more than 25 years of experience in leading real estate investments, strategic planning and execution, and partnerships. Prior to

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Atlantic Housing Foundation Completes Extensive Renovation of the Waters at West Ashley Apartments

  Atlantic Housing Foundation, Inc. (AHF) is celebrating the completion of the renovation and modernization of the Waters at West Ashley apartments in Charleston, South Carolina. This HUD Section 8 property, formerly known as Orleans Gardens, was built in 1969 and acquired by Atlantic Housing in 2005. The Waters at West Ashley is conveniently located near the junction of Interstate 526 and U.S. Highway 17 and within walking distance of the revitalized Citadel

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Atlantic Housing Foundation Celebrates the Successful Lease-Up of Its Newest Community in Summerville, SC

Atlantic Housing Foundation, Inc. has partnered with Armada Development to construct a beautiful new apartment community for Summerville, South Carolina tenants to call home. The Waters at Oakbrook Apartments are located in a well-established neighborhood with a great school system, close proximity to job centers, and easy access to grocery, medical, retail, parks and dining services. The property offers many quality amenities, including a resort style pool, dog park, gym, playground, business center,

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Atlantic Housing Foundation Secures $300 Million in Funding with Fundamental Capital Advisors

On August 10, 2022, Atlantic Housing Foundation (AHF) secured $300 million in funding from Fundamental Capital Advisors for the renovations of AHF’s existing workforce housing communities and for the development of new workforce and affordable senior communities in Texas, Florida and South Carolina. Fundamental has committed to purchase tax-exempt 501(c)3 bonds to be issued by Public Finance Authority of Wisconsin.   These workforce housing properties will be positioned near job centers, community services, schools,

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