The Arlington Partnership for Affordable Housing Our Mission To develop, preserve, own and advocate for quality affordable housing in Arlington, and to promote opportunity for our residents through partnerships and programs. AHS State of Affordable Housing May 2013

2014 Developer of the Year HAND Housing 2014 Developer of the Year HAND Housing Purchased Arna Valley View Apartments Approved the Springs Apartments Completed Arlington Mill Residences

Arlington Mill Opens new units, 80% at 2/3BR 13 supportive housing, including new studio wing 26 units at 50% AMI 122 new units, 80% at 2/3BR 13 supportive housing, including new studio wing 26 units at 50% AMI First New Housing on Public Land

Arna Valley View Apartments 4 Purchased from Avalon Bay and Bank of America 101 units built % at 45% AMI and 33% at 50% AMI 65% 2BR and 3BR Purchased from Avalon Bay and Bank of America 101 units built % at 45% AMI and 33% at 50% AMI 65% 2BR and 3BR Affordable for sixty more years

The Springs 5 Existing: 27 units Built in 1963 ½ mile from Metro To start construction late 2014: 104 new units and APAH office Site Plan approved in record time AHIF approved 2014 tax credits expected To start construction late 2014: 104 new units and APAH office Site Plan approved in record time AHIF approved 2014 tax credits expected Redevelop APAH property near Ballston Metro

Without new subsidy… Bought out co-general partner of Parc Rosslyn Apartments Bought out co-general partner of Parc Rosslyn Apartments Renovating historic Calvert Manor and bought out limited partner Renovating historic Calvert Manor and bought out limited partner

What’s next? Columbia Grove II 7 Up to 250 new units under the Form Based Code Neighborhoods Plan

8 What’s Next? Queens Court Redevelopment Queens Court Apartments 44,727 sq. ft. Redevelopment in Rosslyn area To increase density as part W. Rosslyn Area Planning Study (WRAPS), including Wilson School

Queens Court Redevelopment Summary of Options APAH swaps site for 15-story high-rise location on Wilson Blvd. atop fire station. Queens Court becomes parkland or other county use 284 Affordable Units APAH jointly redevelops 12 story mid-rise Queens Court with fire station. 200 Affordable Units APAH redevelops Queens Court site alone as 6 story-low rise. 120 Affordable Units Max density = more affordable units atop new fire station Medium density = more affordable units atop new fire station Less density/ Simpler Execution = APAH redevelops existing site alone; Wood Construction and lower costs

APAH Resident Services – Partnerships Greenbrier Learning Center The Reading Connection ACE And Coop Ext Service Energy Masters AFAC Food Distribution

Our Vision A diverse and inclusive, transit-oriented, sustainable community that welcomes and values all residents. Our Role Marry best practices in affordable housing finance and development with a deep commitment to the local community to advocate, preserve and build affordable housing.