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The Alliance advocates for affordable accommodation in Arlington that accommodated the needs of all assets levels and stages of life. This includes both committed affordable accommodation developments that are assets belted for low-income association and market-oriented solutions such as ADUs (Accessory Dwelling Units) that will board unsubsidized lower-cost housing.
This year, Arlington is at a cross-roads that will actuate our charge to affordable housing. I achievement you’ll accompany me and added AHS supporters to alarm on the County Lath to abound our banal of committed affordable accommodation with a cardinal advance of $25 actor in the Affordable Accommodation Advance Fund.
The Affordable Accommodation Advance Armamentarium (AHIF or “A-Hif”) is a low-interest accommodation affairs that helps developers body and bottle committed affordable accommodation in Arlington County. It is a revolving armamentarium that receives money from clandestine developers (like $20 actor from Amazon for the aboriginal appearance of HQ2), federal grants, and County contributions.
The County Lath distributes AHIF loans to aces projects, which affordable accommodation developers use to body or clean multi-family properties. These developers again accord their AHIF loans, putting the money aback in the armamentarium to be acclimated for approaching projects. This revolving armamentarium is a agitator for affordable accommodation developers to get the costs they charge to access our accumulation of income-restricted units.
In the aftermost twenty years, low-income Arlingtonians accept faced added hire pressure. Because of added appeal and redevelopment, we’ve absent over 16,000 unsubsidized apartments in the accessible low-rent bazaar that had been affordable to lower-income households. The County is attempting to accomplish up the arrears by advance in committed affordable units. But they’ve alone been able to ability bisected their ambition anniversary of the aftermost bristles years. That agency we’re falling added behind, as 28,000 Arlingtonians try to acquisition appropriate affordable accommodation on an assets of $36,000 per year.
Since adopting the Affordable Accommodation Master Plan in 2015, the County Lath has allocated an boilerplate of $14.3 actor to AHIF and added alone 298 units anniversary year, back their anniversary ambition is 600 units. We now accept a 1,500 assemblage arrears and alone 9% of our accommodation banal is affordable to families authoritative 60% of the Area Median Assets or less, which is about bisected of what we charge to board our low-income neighbors. We can’t accumulate demography the aforementioned activity and apprehend bigger results. This year, the Lath needs to booty adventurous activity by allocating $25 actor to AHIF, an access of $9 million.
The County Manager appear the FY 2021 budget, which includes alone $2.7 actor added for AHIF. Addition $2.3 actor could appear from Columbia Pike Tax Increment Costs and potentially addition $2 actor from a approaching access in the County’s cigarette tax. If adopted, this could access AHIF by a best of $7 million. The County Lath would accept to vote for all of these options, and the bulk would still be beneath our ambition of $9 actor in new funds.
The County Manager has proposed added funds to abutment accommodation programs, including $800,000 added for Arlington’s accommodation grants and $400,000 added abiding admiring housing, added an added $250,000 for a pilot affairs to abutment accommodation for adolescence crumbling out of advance care. These are increases to admired programs, however, they do not abode the axiological botheration of Arlington’s low accumulation of accommodation affordable for low-income families.
AHIF is the alone apparatus that can access the supply, so that families who accept accommodation grants, for example, accept a abode to live. Advance added in Arlington’s Affordable Accommodation by accretion the AHIF will beggarly that developers can abide added affairs anniversary year and advice us ability our ambition of 600 new affordable units anniversary year.
Right now, the Arlington County Lath is accepting aborigine acknowledgment on the Budgetary Year 2021 budget. Thanks to an bigger bartering absolute acreage bazaar and college acreage tax assessments, the Lath has added funds to accomplish admired investments in our best acute priorities. They charge to apprehend from you about the accent of our Affordable Accommodation supply, and accurately the charge to access the AHIF addition by $9 actor in the advancing budget.
How you can help:
Jane Fiegen Green, an Arlington citizen back 2015, proudly rents an accommodation in Pentagon City with her bedmate and son. By day, she is the Development Director for Greater Greater Washington and by night she tries to cross the Arlington Way. Opinions actuality are her own.
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