The Arlington Partnership for Affordable Housing
description
Transcript of The Arlington Partnership for Affordable Housing
The Arlington Partnership for Affordable Housing
Our MissionTo develop, preserve, own and advocate for quality
affordable housing in Arlington, and to promote opportunity for our residents through partnerships and
programs.
AHS State of Affordable Housing May 2013
2014 Developer of the YearHAND Housing
Purchased Arna Valley View Apartments
Approved the Springs Apartments
Completed Arlington Mill Residences
Arlington Mill
Opens
3
• 122 new units, 80% at 2/3BR• 13 supportive housing, including
new studio wing• 26 units at 50% AMI
First New Housing on Public Land
Arna Valley View Apartments
4
• Purchased from Avalon Bay and Bank of America
• 101 units built 2001• 33% at 45% AMI and 33% at 50% AMI• 65% 2BR and 3BR
Affordable for sixty more years
The Springs
5
Existing:27 unitsBuilt in 1963½ mile from Metro
To start construction late 2014:• 104 new units and APAH office• Site Plan approved in record time• AHIF approved • 2014 tax credits expected
Redevelop APAH property near Ballston Metro
Without new subsidy…
Bought out co-general partner of Parc Rosslyn Apartments
Renovating historic Calvert Manorand bought out limited partner
What’s next? Columbia Grove II
7
Up to 250 new units under the Form Based Code Neighborhoods Plan
8
What’s Next? Queens Court RedevelopmentQueens Court Apartments44,727 sq. ft.
Redevelopment in Rosslyn area
To increase density as part W. Rosslyn Area Planning Study (WRAPS), including Wilson School
Queens Court Redevelopment Summary of Options
• APAH swaps site for 15-story high-rise location on Wilson Blvd. atop fire station. Queens Court becomes parkland or other county use
284 Affordable
Units
• APAH jointly redevelops 12 story mid-rise Queens Court with fire station.
200 Affordable
Units
• APAH redevelops Queens Court site alone as 6 story-low rise.
120 Affordable
Units
Max density = more affordable
units atop new fire station
Medium density = more
affordable units atop new fire
station
Less density/ Simpler Execution
= APAH redevelops existing site
alone; Wood Construction and
lower costs
APAH Resident Services – PartnershipsGreenbrier Learning Center
The Reading Connection
ACEAnd Coop Ext Service Energy Masters
AFAC Food Distribution
Our VisionA diverse and inclusive, transit-oriented, sustainable community that welcomes and
values all residents. Our Role
Marry best practices in affordable housing finance and development with a deep commitment to the local community to advocate, preserve and build
affordable housing.