Arlington County
The State of Affordable Housing
May 14, 2014
Housing Affordability– Building a Sustainable Future
Affordable Housing Accomplishments
Rendering of the Springs SerranoArna Valley
New and Preserved Affordable Housing Units The Springs
o 104-unit tax credit project
Arna Valleyo 101-unit acquisition
The Serranoo 280-unit acquisition (196 Committed Affordable Units)
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
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 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
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
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Affordable Housing Investment Fund
Projected Loan Re-
payments and Payoffs$5.0 million
Adopted County Board Appropriation $13.0 million
Projected Developer Contribu-
tions$4.1 million
Projected FY 2015 AHIF Components
Total = $22.1M(~ 260 CAFS @ $85,000 subsidy each)
Affordable Housing Study
Preliminary Report published Assessment of County
programs On-going survey of 1,700
residents
Focus Groups and Interviews
Housing Needs
Analysis
Community Forum and Workshops
Element of Comp. Plan
NEX STEPS
Building a Sustainable Future