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Arlington County. The State of Affordable Housing. Housing Affordability– Building a Sustainable Future. May 14, 2014. Affordable Housing Accomplishments. New and Preserved Affordable Housing Units The Springs 104-unit tax credit project Arna Valley 101-unit acquisition The Serrano

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Arlington county

Arlington County

The State of Affordable Housing

Housing Affordability– Building a Sustainable Future

May 14, 2014


Affordable housing accomplishments

Affordable Housing Accomplishments

  • New and Preserved Affordable Housing Units

    • The Springs

      • 104-unit tax credit project

    • ArnaValley

      • 101-unit acquisition

    • The Serrano

      • 280-unit acquisition (196 Committed Affordable Units)

Arna Valley

Serrano

Rendering of the Springs


Columbia pike new tools adopted

Columbia Pike – New Tools Adopted

  • Neighborhoods FBC

    • Base affordable housing requirement, TDR option, reduced parking ratio

    • Transit Oriented Affordable Housing Fund (TOAH)

    • Helps tax credit applicants pay for infrastructure and fees

    • Columbia Pike TIF

    • Funding source for TOAH


Home ownership programs

Home Ownership Programs

  • Moderate Income Purchase Assistance Program (MIPAP)

    •  18 households utilized program Jan 2013 to-date

  •  VHDA Community Homeownership Revitalization Program

    • 22 households utilized program Jan 2013 to-date

    • Condominium Initiative Workshops

    • 6 events in the past year with 164 total attendees


Housing assistance programs

Housing Assistance Programs

  • Housing Choice Voucher

    • 1,346 households in March 2014

  • Housing Grants

    • 1,244 households in March 2014 (4% growth March 2013-14)

  • Homelessness Prevention and Rapid Re-housing Program (HPRP)

    • 165 households in FY 2014 YTD

    • 98% of prevention households served maintained stable housing after 6 months


Housing assistance program

Housing Assistance Program

  • Permanent Supportive Housing (PSH)

    • County is more than half-way to achieving goal of 425 PSH units

    • The 283 PSH units include:

      • 227 units occupied (including 34 units provided by non-profits)

      • 35 units available

      • 21 units in the pipeline (2014 delivery)

  • 85% of PSH served between 2005-2013 remain housed

  • Arlington 100 Homes Campaign

    ▪ 84 individuals have been placed in housing, on target to house 100 people by Oct. 2014


Affordable housing investment fund

Affordable Housing Investment Fund

7


Affordable housing study

Affordable Housing Study

  • Preliminary Report published

  • Assessment of County programs

  • On-going survey of 1,700 residents

NEX STEPS


Arlington county

Building a Sustainable Future


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