Two affordable housing complexes in Arlington are teed up for renovations, including units on a site also set for redevelopment.
Arlington Partnership for Affordable Housing will upgrade 62 units at the Marbella Apartments (1301 N. Queen Street) and 101 units at the Arna Valley View Apartments (2300 25th Street S.), says Elise Panko, APAH’s Resource Development and Communications Manager. The properties consist of a group of garden-style apartment buildings north near Rosslyn and mid-rise buildings between Pentagon City and Shirlington.
The affordable housing developer is asking the county for a new $995,000 Affordable Housing Investment Fund (AHIF) loan for this project, which the Arlington County Board is slated to review this Saturday. Existing financing for these developments, to the tune of $10.45 million, will roll over for these projects.
This work is in addition to a redevelopment project at the Marbella site, where some buildings will be torn down to build two 12-story apartment towers with all units set aside for people earning less than the area median income. In February, the Board awarded APAH $21.4 million for the project and approved the redevelopment.
The remaining buildings, built in the 1940s and not renovated in at least 15 years, are in need of an upgrade, Panko said. Renovations here will target buildings to the north of the redevelopment area and across N. Queen Street from it.
Likewise, Arna Valley View has not been renovated since its construction 21 years ago and had developed some maintenance issues.
The brick façades of the Marbella buildings will get new mortar while the Arna Valley buildings will get new siding and garage and walkway repairs. Units in both complexes will get updated finishes, fixtures and appliances, new kitchen cabinets, heating and cooling systems, roofs and windows. Renovations will improve energy efficiency by about 30%, Panko says.
“It is important for APAH to reinvest in its existing assets to ensure that the quality of housing we provide remains at a high standard,” she added.
Panko says APAH has been working with residents on a relocation plan that was approved by the Arlington Tenant-Landlord Commission.
“Residents will be moved off site for approximately six to eight weeks while their units are renovated, and will then return to their same unit,” Panko said. “We do not anticipate any displacement of existing residents because of the renovation.”
Per the February report on the redevelopment project, these renovations were set to occur starting mid-2022. APAH spokesman Garrett Jackson says the delays were due to the additional time needed to secure financing sources as well as getting building permits in hand.
APAH had tried to avoid asking the Board for financing for the renovations, according to the report. But then the economy took a turn.
“Construction costs and interest rates have been very volatile in 2022 (interest rates just in the last few months, but construction costs have been rising since early 2022) — it was the result of both of those things that caused us to need additional funding from the County,” APAH spokesman Garrett Jackson said. “During the Marbella site plan approval, those cost increases had not yet hit the market and we believed that we could accomplish the renovation with no additional AHIF (that had long been our goal).”
So it secured a $700,000 Virginia Housing Trust Fund loan and $2 million in state loans that specifically target energy efficiency upgrades to lower the ask to the board. APAH is also chipping in $11.7 million, and has secured $22.8 million in 4% low-income housing tax credits, and $2.5 million from deferring a developer fee associated with affordable housing development.
“We squeezed contingency and other sources as much as possible throughout 2022… but ultimately between costs and interest rates, we had to go back to the County and request an increase in AHIF funding,” he said.
APAH will also combine the two apartment complexes into a single ownership entity, which will generate more tax credits and reduce the amount of county financing needed, Panko noted.
Good Monday evening, Arlington. Today we published articles that were read a total of 13054 times… so far. 📈 Top stories The following are the most-read articles for today —…
Arlington County police are looking for a pair of suspects in a serious assault yesterday evening. The incident happened Sunday just before 6 p.m., at the intersection of N. Glebe…
Mpanadas on Columbia Pike finally appears to be opening. The small “South American-inspired cafe” at 2602 Columbia Pike is planning a soft opening for Thursday, June 15 and a grand…
Meet Aliena, a feisty white rabbit who is the newest Adoptable Pet of the Week! This sweetheart is up for adoption at the Animal Welfare League of Arlington and her…
🌿 𝐄𝐦𝐞𝐫𝐚𝐥𝐝 𝐌𝐚𝐬𝐬𝐚𝐠𝐞 𝐂𝐞𝐧𝐭𝐞𝐫: 𝐑𝐞𝐣𝐮𝐯𝐞𝐧𝐚𝐭𝐞 𝐘𝐨𝐮𝐫 𝐁𝐨𝐝𝐲 𝐚𝐧𝐝 𝐒𝐨𝐮𝐥 🌿Local business is the heart of a strong community, and at Emerald Massage Center, we’re proud to be a vital part of that heartbeat. Our passionate team of Licensed Massage Therapists is dedicated to providing you with a sanctuary of relaxation, rejuvenation, and renewal.🌟 𝐖𝐡𝐚𝐭 𝐖𝐞 𝐎𝐟𝐟𝐞𝐫 🌟Our wide range of massage services includes Swedish, deep tissue, prenatal, sports massage, hot stone, aromatherapy, and more — all tailored to your individual needs. Whether you’re seeking relief from stress, muscle tension, or chronic pain, our skilled therapists will help you achieve total wellness.🏆 𝐎𝐮𝐫 𝐂𝐨𝐦𝐦𝐢𝐭𝐦𝐞𝐧𝐭 🏆Your satisfaction is our top priority, and we’re committed to providing a clean, comfortable, and serene environment for you to unwind. We use only the highest-quality natural products to ensure a luxurious experience that nourishes your body and mind.💚 𝐒𝐮𝐩𝐩𝐨𝐫𝐭 𝐘𝐨𝐮𝐫 𝐋𝐨𝐜𝐚𝐥 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 💚By choosing Emerald Massage Center, you’re not only investing in your well-being but also strengthening our community. We appreciate your support and are grateful for the opportunity to serve you.Book your appointment today and discover the transformative power of Emerald Massage Center. Together, we can create a healthier, happier, and more connected community. 💆🏻♀️💆🏽🍃✨ Visit www.EmeraldMassageCenter.com to schedule your rejuvenating session now! ✨
Join MoCA Arlington Summer Camps at Marymount University and learn the fundamentals of handbuilding, throwing on a wheel, glazing, and much more. In this two-week course, students will explore hand building techniques, wheel throwing, and strengthen ideas that exemplify individual artist expression guided by professional working artists. Students of all skill levels are welcome!
Visit MoCA Arlington’s Website here and the registration page to secure your space today!
Homebuying 101: Steps to Getting Pre-Approved
Are you ready to jump into homeownership or started considering it but don’t know where to start? Financial preparation is key when thinking about purchasing your first home and the first step to getting pre-approved.
Join ACFCU’s mortgage loan officers
4th of July Celebration & Fireworks
Treat yourself this Independence Day with a world-class, private 4th of July extravaganza at the Military Women’s Memorial – a premier National Capital Region site.
Great food, fun, and the best views of Washington DC’s spectacular fireworks display. Relax, enjoy,