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Tenant Landlord Commission Update Queens Court …...2017/02/08  · • Complement the market rate...

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February 8, 2017 Tenant Landlord Commission Update Queens Court Apartments Staff: Kim Painter, Mike Chiappa
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Page 1: Tenant Landlord Commission Update Queens Court …...2017/02/08  · • Complement the market rate housing nearby • Create better housing: • Majority of 2BR/3BR units for families

February 8, 2017

Tenant Landlord Commission UpdateQueens Court Apartments

Staff: Kim Painter, Mike Chiappa

Page 2: Tenant Landlord Commission Update Queens Court …...2017/02/08  · • Complement the market rate housing nearby • Create better housing: • Majority of 2BR/3BR units for families

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Queens Court Apartments

Page 3: Tenant Landlord Commission Update Queens Court …...2017/02/08  · • Complement the market rate housing nearby • Create better housing: • Majority of 2BR/3BR units for families

Queens Court Apartments

• Built 1941

• Acquired by APAH in 1997

• Site Area 44,727 sq feet

• 3 garden apt. buildings

• 39 units—ALL one-bedroom and studio apartments

• Aging infrastructure, original mechanical systems

• Leverage APAH’s asset of one acre in Rosslyn

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Page 4: Tenant Landlord Commission Update Queens Court …...2017/02/08  · • Complement the market rate housing nearby • Create better housing: • Majority of 2BR/3BR units for families

Queens Court Redevelopment Goals

APAH Goals for Queens Ct.

Development• Create significant new affordable

housing:

• 249 units

• 150 Parking Count

• 9,000 square foot Public

Park

• Part of a Mixed-Income Community:

• Dire shortage for 40 – 60%

AMI incomes

• Complement the market

rate housing nearby

• Create better housing:

• Majority of 2BR/3BR units

for families

• Green and low energy,

Metro accessible

• Barrier free

• EarthCraft Certification

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Page 5: Tenant Landlord Commission Update Queens Court …...2017/02/08  · • Complement the market rate housing nearby • Create better housing: • Majority of 2BR/3BR units for families

Queens Court – WRAPS Plan

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Page 6: Tenant Landlord Commission Update Queens Court …...2017/02/08  · • Complement the market rate housing nearby • Create better housing: • Majority of 2BR/3BR units for families

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VIEW FROM ROSSLYN HIGHLANDS PARK

Page 7: Tenant Landlord Commission Update Queens Court …...2017/02/08  · • Complement the market rate housing nearby • Create better housing: • Majority of 2BR/3BR units for families

• August 2016 Initial Meeting with Residents

• February 2017 Final Site Plan Approval• Tenant Landlord Commission February 8

• Transportation Commission February 9

• Planning Commission February 13-14

• Housing Commission February 16

• County Board February 25

• March 2017 AHIF NOFA Application Submitted

• January 2018* AHIF Approval by County Board

• March 2018* 9% LIHTC Application Due

• June 2018* 9% LIHTC Awards Announced

• June 2019* Begin Construction

• August 2021* Complete Construction

*Assumes successful AHIF application in 2017. If unsuccessful, project would re-apply the following year. Site Plan will be valid for 5 years.

Project Timeline

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Page 8: Tenant Landlord Commission Update Queens Court …...2017/02/08  · • Complement the market rate housing nearby • Create better housing: • Majority of 2BR/3BR units for families

• 7 units at 60% AMI, 12 at 80% AMI and 19 at Market

• 46% of households have lived at the property for two years or less

• 15% of households have lived at the property for 10 years or more

• Current rents range from $1190 - $1410

• Spanish speakers and one resident with vision impairment

Tenant Population

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Page 9: Tenant Landlord Commission Update Queens Court …...2017/02/08  · • Complement the market rate housing nearby • Create better housing: • Majority of 2BR/3BR units for families

Thank you


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