Apartment Investment and Management Company Launches National Week of Service to Help Local Communities

DENVER, May 14, 2012 /PRNewswire/ -- Hundreds of Apartment Investment and Management Company (Aimco) (NYSE: AIV) employees are volunteering time to address critical needs in their communities as part of the national Aimco Cares Community Service Week May 14-18.      

(Logo: http://photos.prnewswire.com/prnh/20120417/LA89203LOGO)

Aimco's Service Week projects include:

• May 14:  Denver team members, including Chief Financial Officer Ernie Freedman, Executive Vice President of Operations Keith Kimmel, and Executive Vice President of Redevelopment and Construction Services Dan Matula will sort and pack donations at the Rocky Mountain Food Bank.  
• May 15: Aimco Chairman and Chief Executive Officer Terry Considine will join a team to cook and serve meals at a Ronald McDonald House in Aurora, Colorado; Chief Administrative Officer Miles Cortez will be part of a team restoring a park trail in partnership with the Denver Parks and Recreation Department; team members in Northern California will prepare and distribute food boxes to families in emergency situations in partnership with the Ecumenical Hunger Program in Palo Alto.
• May 16: Aimco team members in Phoenix will sort and pack donations for the Saint Mary's Food Bank.  
• May 17:  Aimco employees in Orange County will fill "Joy Jars" with toys and activities to be given to hospitalized children battling life-threatening illnesses; a Philadelphia team will paint a block-long fence for the City's Nebinger Elementary School, in partnership with state Senator Larry Farnese's Office; an Aimco Denver team will prepare and host a barbecue for abused and neglected children at the Tennyson Center; Aimco employees will sort donations at His House, a transitional home for children in the foster care system in the Miami area.   
• May 18: Aimco team members in New York will prepare and serve dinner at the Food Bank of New York City; Denver corporate employees will create greeting cards to be distributed at area nursing homes and the veterans' hospital.

This year, Aimco has expanded its annual community service day to encompass a week's worth of philanthropic activities, giving team members greater opportunities to volunteer. Through Aimco Cares, each employee receives 10 paid hours per year to apply toward a volunteer activity.

"At Aimco, we believe that giving back to our communities benefits those in need and builds camaraderie among our team," said Terry Considine, Chairman and CEO of Aimco. "The men and women of Aimco embody our strong commitment to corporate citizenship, and this week they are demonstrating their dedication by making a positive difference across the country."  

Aimco is a real estate investment trust headquartered in Denver, Colorado that owns and operates a geographically diversified portfolio of apartment communities. Aimco, through its subsidiaries and affiliates, is one of the largest owners and operators of conventional and affordable apartment communities in the United States, with 361 properties serving approximately 250,000 residents each year. Aimco's properties are located in 30 states, the District of Columbia and Puerto Rico. Aimco common shares are traded on the New York Stock Exchange under the ticker symbol AIV and are included in the S&P 500.

SOURCE Apartment Investment and Management Company