The Arlington County Board took two steps over the weekend to preserve and upgrade existing affordable housing while building hundreds of new units.
During its meeting on Saturday members unanimously approved a nearly $23 million loan from the county’s Affordable Housing Investment Fund (AHIF) for renovations to the Park Shirlington Apartments, a 1950s-era, garden-style complex with 293 units at 4510 31st Street S., on the edge of the Fairlington neighborhood.
The Board also approved $124,000 in rent assistance to offset potential increases resulting from the renovations.
“This project has a long history and is very important as one of the larger affordable housing developments in the county,” said Melissa Danowski, a staff member in the housing division of the county’s Department of Community Planning, Housing, and Development.
The vote marks a change in plans for the county, which was initially planning to buy and build up part of the property with a partner developer, Washington Business Journal reports. Instead, Standard Property Co. and the National Foundation for Affordable Housing Solutions will oversee soup-to-nuts renovations and pledge to keep the rent affordable for 75 years.
The renovations will begin in winter 2022 and end in 2024, with 10-20 units redone at a time. Residents will have access to vacant “home-hotel suites” so they do not have to find another place to stay while their unit is redone, said Steven Kahn, a director of Standard Communities.
Each unit’s interior will get new appliances, fixtures and cosmetic upgrades. Building systems such as HVAC will be modernized and common areas will be renovated. The developer is considering including free- or reduced-price internet.
“I’m very happy that this thought about preservation has led to preserving a community, while essentially rebuilding the units,” Board Chair Matt de Ferranti said. “That’s a really positive step. It is a huge victory for our community as a whole.”
Following the vote, the Board took action to approve an agreement with Amazon to develop affordable housing near its HQ2. Amazon will donate a $40 million parcel of undeveloped land on the Crystal House Apartments site to the county to be developed into new affordable housing.
More than 550 units could be developed as affordable for moderate- to low-income households. At least 148 will be committed to households earning 50% or less of the area median income (AMI), and a minimum of 406 will be for households earning 80% or less of the AMI.
The county aims to partner with an affordable housing developer, to be selected later, and complete construction by Jan. 1, 2028.
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