The Arlington County Board is set to consider a plan to lend about $11 million to a nonprofit organization looking to save affordable garden apartments in Westover.
The Board is scheduled to vote Saturday on the eight-figure loan from the county’s Affordable Housing Investment Fund. The financing would allow the nonprofit Arlington Partnership for Affordable Housing to buy eight apartment buildings in the neighborhood, according to the county. The purchase would account for 68 affordable units — all but four are one bedroom units — at an average acquisition cost of about $215,000 per unit.