The AHEPAN Spring 2022 - 24

HOUSING
AHEPA Management On Track to Acquire Sixth 202 Property
AMC President and CEO Steve Beck
We are excited about what the future holds for AHEPA Affordable
Housing Management Company.
By the time this message hits your mailbox, we will be
close to completing, if not having already completed, a deal to
purchase AHEPA 18 Senior Apartments in West Palm Beach,
Florida. A 98-unit property, " AHEPA West
Palm " becomes the sixth HUD Section
202 property in our ownership portfolio.
AMC also owns three 202 properties in
Montgomery, Alabama, one in North Miami,
Florida, and one in Toledo, Ohio.
We continue to make progress on the two
HUD project awards totaling $16.7 million we received to construct
additional affordable housing for seniors in Des Moines,
Iowa, and South Bend, Indiana. To recap, the award for the
100-unit Des Moines project is $8.9 million, and the award for
the 80-unit South Bend project is $7.8 million. We are working
diligently with HUD, pursuing an 18-month timeline for each
project. This year, we also anticipate HUD making another
round of funding for new 202 construction available. We are
well-positioned and have our sights set to pursue future opportunities
to build new and much-needed units.
With more collective time under our belt as both owners and
administrators of affordable assisted living communities, we are
refining our management capabilities to deliver an even higher
level of quality of service to our residents.
As we grow as a company in each of the affordable supportive
and affordable assisted living spaces, we are working with
a marketing firm to devise and execute a rebrand strategy that
best projects the essence of who we are and what do - from our
mission to our vision and to our values. We are excited to rollout
our rebrand, which is planned for summer 2022.
Finally, we mourn the passing of former AHEPA National
Housing Corporation Founder and former President, Nick
Smyrnis. Nick is rightfully credited as being the father of
AHEPA's Senior Housing program, and we owe Nick a great
deal of debt and gratitude as his vision and leadership are the
reasons why we are here today. Looking forward, we will build
upon the foundation he laid as our company's founder and first
CEO to take AMC to greater heights.
AMC Welcomes Greg Renz as
Chief Financial Officer
AHEPA Affordable Housing Management Company (AMC) welcomes
Greg Renz as Chief Financial Officer, announced AMC President and
CEO Steve Beck.
Greg served at various companies since the 1990s
as VP-Finance and Chief Financial Officer. He brings
over 30 years of executive leadership. He has been
involved in several high-tech startups and successfully
sold one of them to Intel in the early 2000s. Greg
has extensive experience handling banking, insurance,
IT, capital funding and payroll relationships throughout his career.
" I am excited to be a part of AHEPA Management Company, and I
look forward to helping to make the organization the best it can be, "
he said.
Greg is a Certified Public Accountant and a graduate of Indiana
University.
Greg lives in Fishers, Ind., with his wife, Mercy, and has four children
and nine grandchildren.
24 | THE AHEPAN ยท Spring 2022
AMC Welcomes Renae
Parker as Payroll
Coordinator
AHEPA Affordable Housing Management Company
(AMC) welcomes Renae M. Parker as the Payroll
Coordinator,
announced AMC
President and CEO Steve Beck.
A native Hoosier, Renae graduated
from Lawrence Central High
School and later from Marian
University with degrees in Human
Resources, Business Management
and Marketing. Along with the Human Resources Team,
Renae processes payroll for AMC and Hellenics team.
She also holds training sessions for the company's
human resources platform, UltiPro.
Renae's passion includes caring for and spending
time with her seven-year-old grandson and her husband.
www.ahepa.org
http://www.ahepa.org

The AHEPAN Spring 2022

Table of Contents for the Digital Edition of The AHEPAN Spring 2022

The AHEPAN Spring 2022 - Intro
The AHEPAN Spring 2022 - 1
The AHEPAN Spring 2022 - 2
The AHEPAN Spring 2022 - 3
The AHEPAN Spring 2022 - 4
The AHEPAN Spring 2022 - 5
The AHEPAN Spring 2022 - 6
The AHEPAN Spring 2022 - 7
The AHEPAN Spring 2022 - 8
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