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Arlington County

Arlington County. The State of Affordable Housing. Looking Back, Moving Forward. May 15, 2013. Accomplishments 2012 through April 2013. The Shell – 83 Planned Affordable Units. Housing Assistance Program. Housing Choice Voucher 1,383 HH in March 2013 Housing Grants

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Arlington County

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  1. Arlington County The State of Affordable Housing Looking Back, Moving Forward May 15, 2013

  2. Accomplishments 2012 through April 2013 The Shell – 83 Planned Affordable Units

  3. Housing Assistance Program • Housing Choice Voucher • 1,383 HH in March 2013 • Housing Grants • 1,200 HH in March 2013 (9% growth FY11-12) • Homelessness Prevention and Rapid Re-housing Program (HPRP) • 198 households in 2012 • 98% of prevention households served maintained stable housing after 6 months

  4. Housing Assistance Program • Permanent Supportive Housing (PSH) • County is more than half-way to achieving goal of 425 PSH units • The 277 PSH units include: • 214 units occupied (including 34 units provided by non-profits) • 33 units available • 30 units in the pipeline (2014 delivery) • 90% of PSH served between 2004-2012 remain housed • Arlington 100 Homes Campaign • 153 Homeless people surveyed in 2011 • Campaign on-target to meet goal of housing 100 people in 3-years

  5. FY 2014 Housing Budget TOTAL BUDGET = $55.1 million

  6. AHIF – The County’s Workhorse • Low interest loans • FY 2014 allocation = $12.5 million

  7. AHIF Funds Appropriated by County Board

  8. AHIF FY 2012 Components • Total = $17.3M

  9. Other Funding Resources • Community Development Block Grant • ~$1.2 million • HOME Investment Partnership • ~$500,000 • Low Income Housing Tax Credits • Private Financing/Leveraging

  10. Developing New Tools • New Neighborhoods Area Form-Based Code with Affordable Housing Requirement • 20% to 35% percent of net new units affordable to households earning between 40 % to 80% (AMI). • Percentage of units required increases with density

  11. Developing New Tools • Columbia Pike Financial Tools • Partial Tax Exemptions • New Tax Classification • Tax Increment Public Infrastructure Financing (TIPIF) • Tax Increment Financing (TIF) • “TOD Infrastructure Fund” • Assistance Mechanism for Site Work/Infrastructure • New Loan Program • Pooled Equity Program

  12. Affordable Housing Study • Element of Comprehensive Plan • Priorities based on current & anticipated needs • Recommendations to improve existing policies and programs • New policy recommendations • Revised principles, goals and targets

  13. Future Challenges • Demographics In-migration of 20-29 yrs = increased demand for 1-br/ efficiencies • Federal outlook (?) • CAFS are expensive • VHDA cost limits • Concern about density

  14. Future Opportunities • Increased support for affordable housing • Pipeline partner projects • Pipeline site plan projects • 10 active projects in process as of May 1, 2013 • Affordable Housing Ordinance contributions and bonus density/GLUP change negotiations • New Tools • Columbia Pike Form Based Code • Columbia Pike Financial Tools • Affordable Housing Study

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