AFFORDABLE HOUSING in Arlington

Tools for
AFFORDABLE HOUSING in Arlington
County’s Commitment
Arlington continues to pursue opportunities to preserve and create affordable housing. The availability of affordable
housing and access to housing assistance programs are priorities for the County. The County continues to maintain its level of tax support
and increase its commitment for affordable housing and homelessness prevention and other high priority “safety net”
programs that are critical in the current economic environment.
THE TOOLS
FACTS & FIGURES
Arlington works with federal and state government
agencies to finance affordable housing
$12.5 million allocated for FY 2014 Affordable
Housing Investment Fund (AHIF). The fund is
revolving loan fund used for affordable housing
new construction, acquisition, and
rehabilitation.
Permanent Supportive Housing,
$2,064,870 (4%)
Arlington provides credit support to help secure
financing
A homebuyer program designed to improve
the ability of first-time low- and moderatebuyers to purchase homes.
Provides developers with incentives to build
affordable housing
Affordable Housing Ordinance offers
developers seeking additional density in the
site plan process the choice of providing
affordable units or contributing to the
Affordable Housing Investment Fund.
Density Bonuses offer developers the right to
build more units in exchange for providing
affordable housing. The income from the units
rented or sold at market rates offsets the costs
of the affordable units.
Transfer of Development Rights (TDRs) offers
the option of transferring density from one site
to another, more appropriate site in return for
preserving affordable housing.
FY2014 Budget for Housing Programs
Housing Grants
Rental Assistance
Program,
$8,000,000 (15%)
Housing Services,
$458,841 (1%)
Homeownership
Services,
$268,114 (<1%)
Housing Choice
Voucher Rental
Assistance (Section 8),
$18,240,094 (33%)
Real Estate Tax Relief for the
Elderly and Disabled,
$5,150,000 (9%)
Housing Development
& Rehabilitation,
$236,227 (<1%)
Homeless Shelters/
Transitional Housing,
$2,487,892 (5%)
New Comprehensive
Homeless Services Ctr,
$1,062,747 (2%)
AHIF,
HPRP
$12,480,623 (23%)
$200,000 (<1%)
Mary Marshall Assisted
Living Residence,
$2,408,374 (4%)
Code Enforcement & Housing
Services Outreach, $437,857 (1%)
Housing Division: Planning &
Development, $1,586,335 (3%)
Fair Housing, $45,073 (<1%)
BUDGET HIGHLIGHTS
The Affordable Housing Investment Fund (AHIF) is
funded at $12.5 million, a $3.0 million increase from
FY 2013. A $1,586,493 one-time investment was
added to the housing grants program for FY 2014.
Housing funding totals $55.1 million for
all funds in FY 2014. The General Fund
net tax support equals $35.7 million of
the General Fund budget.
Affordable Housing Investment Fund (AHIF),
public/private leverage 3:1 (for every $1 public, $3
private dollars are invested).
THE RESULTS
Since 2000, Arlington has created more than 3,400 committed affordable
rental units.
Assisted more than 1100 low-income older and disabled persons, and
working families with rental assistance in FY2013.
Assisted 1300 low-income households with rental assistance through the
federal Housing Choice Voucher Program (Section 8).
Assisted 151 persons with mental illness with rental support and
support services through the Permanent Supportive Housing program.
Mary Marshall Assisted Living Residence, the first assisted living residence
in VA, for persons with disabilities, opened in November 2011; home to 52
individuals and is a private public partnership between Arlington County
and Volunteers of America National Office.
6,640 Committed Affordable Units (CAFs) units are contractually committed
to remain affordable for 30 to 60 year terms, or are non-profit owned.
15 percent of all apartments in Arlington are Committed Affordable Units
(CAFs).
Assisted more than 600 households to become homeowners and
thousands with affordable rental units or rent assistance.
Arlington County Housing Division
Department of Community Planning, Housing and Development
2100 Clarendon Boulevard | Arlington, VA 22201
703.228.3765 | www.arlingtonva.us
Arlington County Government provides accommodations for
qualified individuals with disabilities as described in the Americans
with Disabilities Act. To arrange for an accommodation:
703.228.3765 or email [email protected].
Las Herramientas Para
LAS VIVIENDAS a BAJO COSTO
en Arlington
Compromiso del Condado
Arlington continúa la búsqueda de oportunidades para preservar y crear viviendas a bajo costo. La disponibilidad de viviendas
de bajo costo y el acceso a los programas de asistencia para vivienda son prioridades del Condado. El Condado continúa manteniendo sus
niveles de ayuda por medio de la carga impositiva y ha incrementado su compromiso hacia las viviendas de bajo costo, la prevención de la
indigencia y otros programas de alta prioridad llamados “safety net” críticos en el ambiente económico actual.
LAS HERRAMIENTAS
Arlington trabaja con agencias federales y estatales
para poder financiar viviendas de bajo costo
$9.5 millones han sido asignados en el año
fiscal 2013 al Fondo de Inversiones para
Viviendas a bajo costo “ Affordable Housing
Investment Fund” (AHIF). El fondo de
inversiones utiliza los mismos fondos (rotativos)
para la compra, construcción y rehabilitación de
viviendas de bajo costo.
Arlington proporciona apoyo crediticio para ayudar
a asegurar financiamiento
El Programa para Compra de Vivienda esta
diseñado para mejorar la posibilidad de
comprar de vivienda por primera vez para las
personas de ingresos bajos y moderados.
Proporciona a inversionistas con incentivos para la
construcción de viviendas de bajo costo
Ordenanza para Viviendas de Bajo Costo
(Affordable Housing Ordinance) Ofrece a los
inversionistas que están buscando una mayor
densidad en el área del proyecto; escoger entre
proporcionar unidades a bajo costo ó contribuir
al Fondo de Inversión para Viviendas a bajo
costos.(AHIF)
Bono de Densidad ofrece a inversionistas el
derecho de construir un mayor número de
unidades a cambio de proporcionar unidades a
bajo costo. Los ingresos de las unidades
vendidas ó rentadas al precio del Mercado
compensa los costos de las unidades a bajo
costo.
Transferencia de Derechos de Desarrollos
(TDRs) ofrece la opción de transferir la densidad
de un sitio a otro más apropiado a cambio de
preservar viviendas de bajo costo.
CUADRO INFORMATIVO
Permanent Supportive Housing,
$2,064,870 (4%)
Housing Grants
Rental Assistance
Program,
$8,000,000 (15%)
Housing Services,
$458,841 (1%)
Homeownership
Services,
$268,114 (<1%)
Housing Choice
Voucher Rental
Assistance (Section 8),
$18,240,094 (33%)
FY2014 Budget for Housing Programs
Real Estate Tax Relief for the
Elderly and Disabled,
$5,150,000 (9%)
Housing Development
& Rehabilitation,
$236,227 (<1%)
Homeless Shelters/
Transitional Housing,
$2,487,892 (5%)
New Comprehensive
Homeless Services Ctr,
$1,062,747 (2%)
AHIF,
HPRP
$12,480,623 (23%)
$200,000 (<1%)
Mary Marshall Assisted
Living Residence,
$2,408,374 (4%)
Code Enforcement & Housing
Services Outreach, $437,857 (1%)
Housing Division: Planning &
Development, $1,586,335 (3%)
Fair Housing, $45,073 (<1%)
PRESUPUESTO: ASPECTOS MAS DESTACADOS
The Affordable Housing Investment Fund (AHIF) is
funded at $12.5 million, a $3.0 million increase from
FY 2013. A $1,586,493 one-time investment was
added to the housing grants program for FY 2014.
Housing funding totals $55.1 million for
all funds in FY 2014. The General Fund
net tax support equals $35.7 million of
the General Fund budget.
Affordable Housing Investment Fund (AHIF),
public/private leverage 3:1 (for every $1 public, $3
private dollars are invested).
LOS RESULTADOS
Desde el año 2000, Arlington ha creado más de 3,400 Unidades de
Alquiler de Bajo Costo
En el año fiscal 2013 , más de 1100 residentes ancianos y discapacitados
y familias trabajadoras han recibido ayuda con la renta.
Ayudado a 1,300 familias de bajos recursos con subsidios de rentas a
través del Programa Federal” Housing Voucher “ ( Sección 8).
Ayudado a 151 personas con enfermedades mentales con ayuda de
pago de renta así como otros servicios a través del programa “
Permanent Supportive Housing “
Mary Marshall Assited Living Residence, el primer lugar con ayuda personal
en VA, para personas discapacitadas, inaugurada en Noviembre 2011;
hogar para 52 personas y a la vez opera en sociedad privada y pública con el
Condado de Arlington y “ Volunteers of America National Office”.
6,640 Unidades para alquiler comprometidas ( CAFs) van a continuar a
bajo costo por 30 a 60 años ó pertenecen a organizaciones sin fines de lucro.
15 % de todos los apartamentos en Arlington son unidades de alquiler
comprometidas ( CAFs).
Ayudado a más de 600 familias a ser dueños de vivienda y a miles más con
ayuda para la renta ó con unidades a bajo costo.
Arlington County Housing Division
Department of Community Planning, Housing and Development
2100 Clarendon Boulevard | Arlington, VA 22201
703.228.3765 | www.arlingtonva.us
El Condado de Arlington ofrece acomodaciones para las
personas con discapacidades según el Americans with
Disabilities Act. Para solicitar acomodaciones, llame al
703-228 3765 o [email protected].