Aimco Partners with Camillus House and Provides $1 Million Contribution to Advance Workforce Development in Miami
09 Juli 2022 - 12:24AM
Business Wire
Apartment Investment and Management Company (“Aimco”), a
diversified real estate investment company, has pledged $1,000,000
to Camillus House to support expanded workforce development
programs.
In discussions with Miami’s civic and community leaders it
became clear that despite a strong job market, many of Miami’s
residents don’t possess the necessary skills or experience to
obtain better-paying jobs and are, therefore, unable to benefit
from Miami’s rapidly growing economy. As a major investor in South
Florida, it is important to Aimco that those at all levels of the
economic spectrum have the opportunity to excel and in turn,
contribute to the broader community.
Since its founding in 1960, Camillus House has been a pillar of
the Miami community. Created to provide meals and spiritual comfort
to homeless Cuban exiles and other poor and hungry Miamians,
Camillus House has grown steadily into one of the largest providers
of services to the most vulnerable population in the community.
Camillus House houses more than 1,700 people nightly through its 11
residential facilities and scattered-site apartments across
Miami-Dade County. Some of its programs include Day Center
services, Specialized Street Outreach programs, Homeless Prevention
initiatives, and comprehensive workforce development and life
skills programming.
“Many people experiencing homelessness want to work, but without
the necessary training and skills it’s extremely difficult for them
to earn enough income to move forward,” explained Hilda M.
Fernandez, Camillus House CEO. “Thanks to this critical and very
generous multiyear grant from Aimco, we can now expand our
workforce development program to provide the guidance, support, and
vocational training that can help prevent homelessness and change
the lives of the great many men and women we serve throughout
Miami-Dade County.”
In partnership with Aimco, the Camillus House Workforce
Development Initiative will provide opportunities to Camillus House
residents such as participation in construction trade programs
operated by Florida International University and funded by
Southeast Overtown/Park West Community Redevelopment Agency, an
eight-week culinary certificate through the Miami-Dade College
Culinary Arts Program, and employment opportunities with the
Downtown Enhancement Team through the City of Miami’s Downtown
Development Authority and Omni Community Redevelopment Agency.
In addition, through its Aimco Cares program, Aimco will sponsor
scholarships to individuals in the Camillus House program designed
to remove barriers to employment for those looking to obtain or
maintain a job. The scholarships will cover job-related costs, such
as bus passes, licensing fees, uniforms, classes, and similarly
required ancillary costs crucial to succeed in gainful employment
opportunities.
“Aimco Cares’ mission is to empower the most vulnerable by
giving them the tools required to improve their quality of life,”
said Jennifer Johnson, Aimco’s Executive Vice President and Chief
Administrative Officer. “Being able to obtain and maintain
higher-paying jobs is the building block for a long-term and
sustainable solution for many Miami residents. As a real estate
developer, it is our responsibility to give back to the communities
in which we are active and passionate. Aimco is thrilled to be part
of the Miami community and looks forward to future investments in
the City and its residents.”
About Aimco
Aimco is a diversified real estate company primarily focused on
value add, opportunistic, and alternative investments, targeting
the U.S. multifamily sector. Aimco’s mission is to make real estate
investments where outcomes are enhanced through our human capital
so that substantial value is created for investors, teammates, and
the communities in which we operate. Aimco is traded on the New
York Stock Exchange as AIV. For more information about Aimco,
please visit our website www.aimco.com.
About Camillus House
Camillus House has provided humanitarian services to persons who
are poor and homeless in Miami-Dade County, Florida since 1960. As
a ministry of the Hospitaller Order of St. John of God, Camillus
House was originally established to serve Cuban exiles. From its
humble beginning as a small soup kitchen, Camillus has grown into a
full-service organization offering a comprehensive “system of care”
including food, clothing, emergency, transitional and permanent
housing, physical and mental health care, and substance abuse
treatment.
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version on businesswire.com: https://www.businesswire.com/news/home/20220708005546/en/
Matt Foster Sr. Director of Capital Markets and Investor
Relations investor@aimco.com 303-793-4661
Sam Gil Camillus House Sr. VP of Marketing Operations
samgil@camillus.org 305-374-1065, ext. 328
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