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The Arlington Partnership for Affordable Housing. Nina Janopaul, President/CEO, [email protected]. 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 - PowerPoint PPT Presentation
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The Arlington Partnership for Affordable Housing
Nina Janopaul, President/CEO, [email protected]
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• 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
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
PRESERVATION
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
PIPELINE
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
The Need for Affordable Housing is Increasing:
Market rate (>80%)
Market rate (>80%)
40-60% MARKS
40-60% MARKS
CAFs CAFs