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

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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AHF Renovates Waters at Augusta Apartments in Greenville, SC

Atlantic Housing Foundation Inc. (AHF) is renovating the Waters at Augusta Apartments in Greenville, South Carolina. The property, formerly known as Shemwood Crossing, is located in the Pleasant Valley neighborhood about four miles south of the city center and was acquired by AHF as part of an affordable housing portfolio in 2019. Built in 1969, it consists of 200 project-based voucher (Section 8) townhomes that have long been in need of rehabilitation.  With

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Atlantic Housing Foundation Renovates Waters at James Crossing Apartments in Lynchburg, VA

Atlantic Housing Foundation, Inc. purchased the property for the Waters at James Crossing Apartments in 2019 with a vision to renovate it and make it a better place to live for the Lynchburg residents. The community has experienced challenges over the years, and AHF is working to bring about a change that will benefit both residents and the surrounding community of Lynchburg. The multimillion-dollar project encountered delays due to the covid pandemic, but

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