Apartment Investment and Management Company Mobilizes Employee Volunteers: National Community Service Day to Help Those in Need

Apr 20, 2009, 15:37 ET from Aimco

DENVER, April 20 /PRNewswire-FirstCall/ -- Hundreds of employees of Apartment Investment and Management Company (Aimco) (NYSE: AIV) are making a significant difference in their communities as part of a nationwide Community Service Day on Tuesday, April 21.

To celebrate the fifth anniversary of its Aimco Cares philanthropic program, Aimco team members have organized activities across the country to promote community service and to assist those less fortunate, especially during these tough economic times. Through Aimco Cares, each Aimco employee is given 10 paid hours annually to apply toward a volunteer activity, reflecting the company's commitment to being a good corporate citizen.

Aimco's Community Service Day will involve more than 60 volunteer projects nationwide that include spring cleaning at the Ronald McDonald House in Philadelphia; assisting with the Loaves and Fishes mobile food rescue program in Greenville, South Carolina; hosting a cookout for veterans at Fisher House while they undergo medical treatment at the Walter Reed Medical Center in Bethesda, Maryland; working at soup kitchens in several Massachusetts communities; rebuilding a community trail for the City Parks and Recreation Department in Denver; serving the needy at the Second Harvest Food Bank in Irvine, California; preparing activity kits for seriously ill children in the Caitlin's Smiles program in Central Pennsylvania; and organizing clothing and food drives in several Florida communities.

"Giving back to the communities in which we live and work promotes a strong commitment to volunteerism that helps define our company's culture," said Terry Considine, Chairman and CEO of Aimco. "It is important now more than ever to give a helping hand to those organizations working hard each day to meet so many needs in our communities."

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 apartment communities in the United States with 992 properties, including 162,807 apartment units, and serves approximately 500,000 residents each year. Aimco's properties are located in 44 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.