AvalonBay Communities, a leading U.S. Real Estate Investment Trust (REIT) with apartment communities in the major east and west coast markets, today announced the start of its “Spirit of Caring” month. Throughout October, AvalonBay associates will participate in service projects to benefit their local communities.
AvalonBay, known for its commitment to sustainable living and support for its local communities, was recently named one of the top 25 “socially responsible dividend stocks” by Dividend Channel. During “Spirit of Caring” month, the Company will have over 2,000 associates participating in large-scale community service projects. The programs include: volunteering at local food banks, assisting the homeless and disabled, working with Habitat for Humanity, and conducting food and donation drives at its regional offices and in 195 communities.
Timothy J. Naughton, AvalonBay’s Chief Executive Officer, noted: “As a company with national reach, we wanted to express our ‘Spirit of Caring’ in each of the local markets where we do business, involving as many of our associates as possible. So, we are very pleased to kick off October as our ‘Spirit of Caring’ month with the support of over 2,000 AvalonBay associates, representing our ten regions and 195 communities. We are setting aside this month to give back to the local communities that over the years have repeatedly welcomed AvalonBay to their neighborhoods. As much as we hope our activities will benefit our local communities, we recognize that, in serving others, we benefit as well. We are given the chance to make our ‘Spirit of Caring’ come alive, and we are very grateful for that opportunity.”
AvalonBay associates in the Northern California region will volunteer at San Jose’s Family Supportive Housing, coordinating and distributing donated items to families in need . Southern Californian associates will participate in a series of activities with The Children’s Hospital of Orange County (CHOC) and Orangewood Children’s Foundation (OCF) in Santa Ana. The activities include a 5k “Walk through Disneyland” for The Children’s Hospital, as well as refurbishing multipurpose rooms at the OCF.