Comstock and ParkX Announce $10,000 Gift to Reston Youth Association

Rhea-AI Summary

Comstock Holding Companies (Nasdaq: CHCI) and its subsidiary ParkX Management have donated $10,000 to the Reston Youth Association (RYA) to purchase new football helmets for young players. The donation will provide top-of-the-line Riddell Speedflex helmets, prioritizing player safety and comfort. This contribution aligns with Comstock's commitment to supporting local initiatives in the communities it serves.

ParkX, specializing in parking and security management services, views this donation as an investment in youth development. RYA, a non-profit organization, offers tackle football, flag football, and cheer programs for children aged 6-16 in the Reston area. The donation reflects Comstock and ParkX's ongoing dedication to community support and positive impact in the Washington, D.C. region.

Donation will Equip Young Local Athletes with Football Helmets

RESTON, Va.--(BUSINESS WIRE)-- Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock” or the “Company”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced today in collaboration with its operating subsidiary ParkX Management (“ParkX”) the donation of $10,000 to the Reston Youth Association (“RYA”) to support the purchase of new football helmets for its players.

ParkX Management and Comstock proudly present a $10,000 donation to the Reston Youth Association. (Photo: Business Wire)

“Reston Youth Association (RYA) is extremely grateful for Comstock/ParkX's $10,000 donation and continued financial support. The generous contribution enables us to purchase the top-of-the-line Riddell Speedflex helmets for our young players,” said Adrian Connor, President of RYA. “We are elated to provide our players with equipment that puts their safety, comfort, and well-being above all else. The RYA Board and community extends our highest level of appreciation for the financial generosity and ongoing partnership!”

ParkX specializes in providing innovative parking and security management services for commercial and residential properties. This generous contribution reflects Comstock and ParkX’s ongoing commitment to giving back to the greater Reston community and aligns with the Company’s long-term dedication to support local initiatives that positively impact the neighborhoods that it serves.

“We believe in the importance of investing in our community, particularly in organizations that support youth development,” said Dylan Clemente, President of ParkX Management. “The Reston Youth Association plays a crucial role in providing positive experiences for young people, and we are proud to contribute to their efforts to ensure that every child has access to the best equipment and resources available.”

Reston Youth Association is a 501(c)(3) non-profit organization that offers children ages 6–16 the opportunity to participate in various tackle football, flag football, and cheer programs. For more information or to get involved with RYA, whether through participation or volunteering, please visit https://www.restonseahawks.org/.

About Comstock

Founded in 1985, Comstock is a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region. With a managed portfolio comprising approximately 10 million square feet of utilized, in-development, and planned developments strategically located at key Metro stations, Comstock is at the forefront of the urban transformation taking place in the fastest growing segments of one of the nation’s best real estate markets. Comstock’s developments include some of the largest and most prominent mixed-use and transit-oriented projects in the mid-Atlantic region, as well as multiple large-scale public-private partnership developments. For more information, please visit Comstock.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240909121313/en/

publicrelations@comstock.com

Source: Comstock Holding Companies, Inc.

FAQ

What is the purpose of Comstock and ParkX's $10,000 donation to Reston Youth Association?

The $10,000 donation from Comstock (CHCI) and ParkX to Reston Youth Association is intended to purchase new football helmets, specifically top-of-the-line Riddell Speedflex helmets, for young players in the organization.

How does the donation to RYA align with Comstock's business strategy?

The donation aligns with Comstock's (CHCI) long-term commitment to support local initiatives that positively impact the neighborhoods it serves, reflecting the company's strategy of community engagement and corporate social responsibility.

What age group does the Reston Youth Association serve?

The Reston Youth Association (RYA) serves children ages 6-16, offering them opportunities to participate in tackle football, flag football, and cheer programs.

What type of services does ParkX Management provide?

ParkX Management, a subsidiary of Comstock (CHCI), specializes in providing innovative parking and security management services for commercial and residential properties.