Transcript Document

Building Affordable Housing & Strong Futures Since 1975

2012 Developer of the Year

1,200 new or renovated apartments in the mid-Atlantic region Housing Association of Nonprofit Developers (HAND)

AHC in Arlington

22 apartment communities • 2,800 affordable apartments • 7 community centers • 2,000 children, families & adults served through Resident Services • 30+ local community partnerships • 175 volunteers work with teens and elementary students • 100% of teens in AHC’s education programs graduate high school

Current Projects

New Construction and Preservation on Columbia Pike

The Shell

Creating Land

Transforming a gas station and adjacent property into 83 affordable apartments

The Shell

• Projected completion: Fall 2014 • 83 one, two and three bedroom apartments for families • Continuing to work with Arlington County to finalize financing • Interior court yard and green roof • Commercial space on first floor • Residents can participate in Resident Services programs next door at Harvey Hall

Arbor Heights

Preservation

Preserving and renovating 198 apartments in Eight Colonial Style buildings

Arbor Heights

• Eight-acre, one and two bedroom community built in the 1940s • Renovation includes new kitchens, updated bathrooms, new finishes and energy efficient features • New playground • Projected completion: Late fall 2013 • Successful phasing program – most tenants have stayed

On the Horizon

Redeveloping Aging Apartment Communities Preserving Existing Apartments Creating Land Opportunities

Redevelopment

Woodbury Park

Renovating 364 historic apartments within walking distance to Courthouse Metro • Garden apartment community built in 1940s • Renovation expected to start in 2015 • Interior and exterior work will update kitchens, bathrooms, and finishes and improve energy efficiency • Phased construction to minimize residents’ disruption

Redevelopment

The Berkeley & Arlington View Terrace

Exploring the redevelopment of two aging properties

The Berkeley

137 apartments in two buildings on South Glebe Road

Arlington View Terrace

77 apartments in nine buildings near Columbia Pike

Redevelopment

Key Boulevard

Transferring density to add more affordable units • Proposing to transfer density from an existing renovated historic affordable community in the Metro corridor to redevelop aging 41-unit building.

• Project could double number of affordable units within walking distance of Rosslyn Metro.

• Mixed-income project that could be self-sustaining and not use Arlington County funds.

Preservation

Historic Ballston Park

Preserving 512 historic apartments near Ballston • As a part owner, AHC is working with Arlington County to purchase and preserve property • Part of the extensive Buckingham Village development built between 1937 and 1953 • Large, cohesive community in a park-like setting

Creating Land

Woodbury Parcel

Taking advantage of excess density • Exploring idea to combine Arlington County and AHC owned land to take advantage of excess density • Combining 2 small pieces of land to create site behind Woodbury Park & Frederick • 40+ units • Could provide workforce and permanent supportive housing

10 th Street Route 50

Creating Land

Arbor Heights II

Creating a new site on existing AHC property • Exploring opportunity to use AHC’s land along Columbia Pike to produce mixed income housing • Site would use land from Arbor Heights

Arbor Heights Key Gardens The Shell Columbia Pike

Building Affordable Housing & Strong Futures Since 1975 AHC Inc.

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2230 North Fairfax Drive, Arlington, VA 22201

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www.ahcinc.org