Arlington County The State of Affordable Housing May 14, 2014 Housing Affordability– Building a Sustainable Future
Affordable Housing Accomplishments Rendering of the Springs Serrano Arna Valley New and Preserved Affordable Housing Units The Springs o 104-unit tax credit project Arna Valley o 101-unit acquisition The Serrano o 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 ) 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 remain housed Arlington 100 Homes Campaign ▪ 84 individuals have been placed in housing, on target to house 100 people by Oct
7 Affordable Housing Investment Fund
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