AvalonBay Employees Give Back to Communities in 6th Annual Spirit of Caring Month

ARLINGTON, Va.–(BUSINESS WIRE)–AvalonBay Communities, Inc. (NYSE: AVB), a leading multifamily real
estate investment trust (REIT), today announced its sixth annual Spirit
of Caring Month. Throughout May, AvalonBay’s 3,000 associates are
encouraged to volunteer their time and talent with more than 50 partner
organizations. Donation drives will also be held at the Company’s more
than 284 apartment communities. Spirit of Caring Month is an important
component of AvalonBay’s overall Building Strong Communities philanthropy
program which, in 2016, provided $1.4 million in cash and in-kind
donations to organizations focused on disaster preparedness, affordable
housing and support for the disadvantaged.

“A Spirit of Caring is one of the core values that defines the culture
here at AvalonBay,” said AvalonBay CEO Tim Naughton. “We believe in
building strong communities, and our associates are proud to share their
genuine kindness and concern for others by taking the time to give back
to those who are most in need.”

While volunteering with local organizations occurs throughout the year,
Spirit of Caring Month is one more way of demonstrating the Company’s
commitment to giving back to the communities where it does business.
Among the volunteer projects that AvalonBay associates will participate
are:

• Creating donation packages for local children at the Cradles to
  Crayons warehouse in Boston.
• Filling backpacks full of nutritious food for kids at the Connecticut
  Food Bank.
• Helping create Mother’s Day cards and spa kits for Doorways and Arlington
  Free Clinic in the Washington DC area.
• Hosting and helping with mobile adoption events on Long Island for North
  Shore Animal League.
• Working with New Jersey Community Development Corporation to
  build a new playground.
• Taking care of routine maintenance at Lifting Up Westchester
  men’s & women’s shelters.
• Spending the day cleaning and painting a home for Bill Wilson Center
  in Northern California.
• Rolling up their sleeves and participating in Habitat for Humanity’s
  Women’s Build in the Seattle area.
• Cleaning up beaches in Los Angeles and San Diego, as well as spending
  a few days at Second Harvest Food Bank.
• Remodeling a room designed for pediatric cancer patients with Roc
  Solid Foundation in Virginia Beach.

About AvalonBay Communities, Inc.

As of March 31, 2017, the Company owned or held a direct or indirect
ownership interest in 284 apartment communities containing 82,533
apartment homes in 10 states and the District of Columbia, of which 24
communities were under development and nine communities were under
redevelopment. The Company is an equity REIT in the business of
developing, redeveloping, acquiring and managing apartment communities
in leading metropolitan areas in New England, the New York/New Jersey
Metro area, the Mid-Atlantic, the Pacific Northwest, and the Northern
and Southern California regions of the United States. For more
information on the Company’s commitment to Building Strong Communities
visit http://www.avaloncommunities.com/about-us/corporate-responsibility/community-investment.

Contacts

AvalonBay Communities, Inc.
Kurt Conway
Senior Vice President
Brand
Strategy & Marketing
703-317-4611