The AHEPAN Summer 2018 - 26
Demetri Damaskos Retires
Demetri Damaskos recently retired from AHEPA National Housing Corporation after 20
years of service. ANHC hired Damaskos in December 1997 as director of Development.
He helped develop 49 low-income senior apartment buildings during his tenure. He
was also the founder of AHEPA 245, Inc. and AHEPA 245-II, Inc., in Newport, R.I. The
BOD thanks him for his hard work and numerous efforts in establishing ANHC as a
national presence in the senior affordable housing sector. We all wish him well!
Construction Progress on Elkhart AALF
Construction on Hellenic Senior Living of Elkart, Ind., is underway. The Affordable
Assisted Living Facility will have 136 private, one-bedroom efficiency apartments
for low-income adults and who are at least 62 years of age who need some help to
maintain their independence.
Foundation work at the site began on March 12, 2018. Underground utilities
are being installed, elevator shafts have been completed and four stair towers are
nearing completion. Underground plumbing is also underway. The final completion
date is estimated for June 4, 2019.
Laying block on stair tower B.
Remembering Nick Stratas
Nickolas Stratas passed away on March 22, 2018 at the age of 85. His contributions to AHEPA National
Housing Corporation, and as President of AHEPA 310, Inc., are immeasurable. He was awarded the
Lifetime Achievement Award by AHEPA National Housing Corporation Board in February 2014 (see In
Memoriam, page 39).
Angelo Kostarides, AHEPA National Housing Corporation president, and Art Poly, CEO/president of
AHEPA Management Company, both agreed that Stratas was ..."a hard example to follow, but we will
do our best to continue and expand his legacy."
In March of 2012, Nick was interviewed for an ANHC internal newsletter. This reprise of the article
shares his pride in the accomplishments of the housing group and his hopes for the future.
Q: When ANHC was established in the 1980's, did you ever expect the company to grow to the size it Nickolas Stratas
A: We were not thinking of 50, 60 or more units in those days; only that we add a few as we went along. The big problem back
then was that many of the AHEPA chapters were unsure of a way to submit an application, how much money they needed or if
they had to have the land to begin with. We had to nurse them along. We had no development division back then. I had to write
many letters to chapters to introduce the concept. We had to have exposure to introduce the ANHC and used the AHEPA national
conventions as a platform with displays and handed out printed material about the program.
Q: Do you think AMC and ANHC have made a difference in the lives of the residents?
A: We have touched many many lives. What a wonderful program and opportunities that the AHEPA senior housing program
has given us to help seniors who do not have the income to afford a decent place to live. I will never forget the little old lady who
THE AHEPAN · Summer 2018
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