1 / 5

The Arlington Partnership for Affordable Housing

The Arlington Partnership for Affordable Housing. Nina Janopaul, President/CEO, njanopaul@apah.org. APAH owns, develops and preserves quality homes that are affordable and enhance the Arlington community. . APAH’s Tremendous Growth 1989-2011. 995 units in 12 properties

reina
Download Presentation

The Arlington Partnership for Affordable Housing

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The Arlington Partnership for Affordable Housing Nina Janopaul, President/CEO, njanopaul@apah.org APAH owns, develops and preserves quality homes that are affordable and enhance the Arlington community.

  2. APAH’s Tremendous Growth 1989-2011 • 995 units in 12 properties • 8 properties funded with LIHTC • 8 properties funded with HOME loans • 11 properties funded with AHIF • 170 residents receive rental or supportive services • North and South Arlington Resident Services

  3. PRESERVATION Buchanan Gardens • Built 1949 • APAH Purchased 2009 • $30 million renovation includes all new systems and finishes, energy-saving features, expanded units community room and playground. • Arlington AHIF and LIHTC financing • Renovation complete in Aug 2012 • 111 Units • 100% affordable units (50% and 60% AMI) • 1, 2, and 3 bedroom units

  4. PIPELINE Arlington Mill • Groundbreaking: Late summer 2012 • Completion: December 2013 • 4 story, new wood-frame construction • Public land for public good • Earthcraft certification • $30 million project • LIHTC financing • 122 units • 121 affordable units (40%, 50% and 60% AMI • Innovative 8-unit efficiency wing targeting those hardest to house. • Efficiency, 1, 2, and 3 bedroom units • All units are visitable

  5. The Need for Affordable Housing is Increasing: Market rate (>80%) CAFs CAFs 40-60% MARKS • Market rate (>80%) 40-60% MARKS

More Related