Building Dedication and Ribbon Cutting Held for Penelope 54-II Apartments

DSC06730 at 50Released November 26, 2014

HOUSTON, TX – On November 8, 2014, a dedication ceremony was held to celebrate the official opening of the new senior housing complex Penelope 54-II Apartments. The affordable senior apartment building, for residents of a minimum age of 62 and who meet income guidelines, is located at 8113 Creekbend Drive, Houston, TX. Penelope 54-II is a 45-unit, three-story apartment building owned by AHEPA DOP 54 Phase II, Inc., and is sponsored by AHEPA National Housing Corporation and supported by the local Achaia Chapter #54, Daughters of Penelope, Houston, TX.

The Dedication Ceremony was opened at 1:00pm with welcome by Barbara Maligas and Niki Vaughn, Co-chairs, Dedication Committee. Rev. Father Demetrios Tagaropulos of Annunciation Greek Orthodox Cathedral conducted the opening prayer. Remarks were delivered by Larry A. Green, Council Member, City of Houston; Arthur Poly, CEO/President, AHEPA Management Company; Dr. Barbara Manousso, CEO, Manousso Mediation Training and ADR Services, LLC; Nickolas M. Stratas, Chairman of the Board of Directors, AHEPA National Housing Corporation; Anna-Helene Grossomanides, Grand President, Daughters of Penelope. Speakers included Dr. Edward L. Pringle, Field Office Director Region VI of HUD, and Angelo Kostarides, President of AHEPA National Housing Corporation. Rev. Father Tagaropulos then conducted the Blessing of the Apartments. The ribbon cutting and celebration DSC06740 at 50 reception followed.

About AHEPA National Housing Corporation 

AHEPA National Housing Corporation (ANHC) develops HUD-subsidized Section 202 housing for low income disabled and elderly ages 62 and up. Established in 1983, ANHC is headquartered in Fishers, IN and serves over 4887 senior citizens throughout 22 states with apartments and expanding amenities. AHEPA National Housing Corporation complies with the Federal Fair Housing Act through Equal Housing Opportunity. It is a not-for-profit 501(c)3 organization.

Property management services for AHEPA National Housing Corporation communities are provided by AHEPA Management Company, a wholly-owned subsidiary of AHEPA National Housing Corporation established in 1991 to provide on-site property management, maintenance and resident-empowering support services for all AHEPA National Housing Corporation communities. Currently AHEPA Management Company, a non-profit 501(c)3 organization, supports 90 apartment buildings throughout the United States. AHEPA Management Company also provides management services for subsidized apartments with outside ownership.

For more information on AHEPA National Housing Corporation, visit, or call 317-849-6880. 

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