October is Affordable Housing Month
Exploring a greater diversity of housing in the County
Speakers, tours and a design gallery highlighting the “Missing Middle Housing”
WASHINGTON, D.C. – (RealEstateRama) — October is Affordable Housing Month in Arlington, a month-long celebration of the County’s long-term commitment to preserving and creating housing opportunities that benefit the whole community.
The public is invited to take a bus tour of affordable housing developments around the County, participate in an affordable housing forum and view a traveling design gallery highlighting the potential of “Missing Middle Housing” that falls between single-family homes and mid-rise buildings.
“For decades, we have invested in our affordable housing programs to help us achieve our vision of a diverse and inclusive community,” said County Board Chair Libby Garvey. “These efforts support our residents at all ages and stages of life, improve our neighborhoods and strengthen our economy. This October, we give special focus to exploring a greater diversity of housing types in the County and how that can benefit all residents.”
2016 Affordable Housing Month events:
Affordable housing bus tour around Arlington — Oct. 8
Leckey Forum on “Finding the Missing Middle – Expanding Middle-Income Housing Options,” presented by The Alliance for Housing Solutions and featuring housing expert Daniel Parolek as the keynote speaker — Oct. 13
Traveling gallery of design examples featuring elements of “Missing Middle” housing — Oct. 15 at Live-In Arlington Info Fair
Traveling gallery of design examples featuring elements of “Missing Middle” housing — Oct. 25 at Langston Brown Community Center
Visit the Affordable Housing Month webpage for a details.
Affordable Housing Statistics
Affordable Housing Month 2016 focuses on creating affordable rental and homeownership housing opportunities for middle-income households (between 80-120 percent of average median income).
Arlington’s Affordable Housing Investment Fund (AHIF) is funded at a level of $13.72 million for FY2017. AHIF is the County’s main financing program for affordable housing development. The fund is comprised of local and federal dollars and is also supported by loan repayments and developer contributions.
More than 7,500 committed affordable units (CAFs) are open or have been approved in more than 70 apartment complexes throughout Arlington; 1,200 of these CAFs have been added in the last five years. CAFs now make up 14 percent of the multi-family rental stock.
The County has reduced the number of homeless people in shelters or on the streets by more than half in the past five years.