News

Arlington Board, Manager Work to Include Employee Merit Step Increases in FY 2015 Budget

WASHINGTON, D.C. – April 22, 2014 – (RealEstateRama) — These are difficult economic times. In finalizing the FY 2015 Budget, the County Board is working hard to balance a number of goals, including giving some relief to homeowners who have seen their assessments rise, limiting the growth of the County budget, funding school growth and maintaining our core services and existing infrastructure

Arlington County Board Reduces Real Estate Tax Rate in FY 2015 Budget Mark-up

ARLINGTON, Va. – April 17, 2014 – (RealEstateRama) — The Arlington County Board today directed the County Manager to reduce the real estate tax rate by one cent in the Fiscal Year 2015 Budget. The Board’s action came during the mark-up for the budget, which the Board is set to adopt during its April 22 meeting.

Casagrande ‘Sleeps Out’ in Trenton to Raise Awareness, Funds for Covenant House

WASHINGTON, D.C. – April 14, 2014 – (RealEstateRama) — Monmouth County Assemblywoman Caroline Casagrande will participate in a legislative ”sleep out” tonight on the grounds outside the State House in Trenton to raise awareness and funds in support of New Jersey’s homeless runaway and trafficked youth who are served by Covenant House

Arlington County Board Approves $16.5 Million Loan to Preserve Affordable Housing on Columbia Pike

ARLINGTON, Va. – April 14, 2014 – (RealEstateRama) — The Arlington County Board today approved a $16.5 million Affordable Housing Investment Fund (AHIF) loan to help AHC Inc., a nonprofit affordable housing developer, purchase Serrano Apartments at 5535 Columbia Pike.

Moran Proposes COLA Reform for Members of Congress

Washington D.C. – April 10, 2014 – (RealEstateRama) — Representative Jim Moran, Northern Virginia Democrat, Ranking Member on the House Appropriations Interior Subcommittee and senior member of the Defense Appropriations Subcommittee, today introduced an amendment to the Legislative Branch Appropriations Bill for Fiscal Year 2015 that would restructure annual cost of living adjustments for Members of Congress as a housing stipend to reflect the challenges of maintaining a second home in the 5th most expensive real estate market in the country

Arlington County Board Approves Plan, Financing for Buckingham Neighborhood Mixed-Income Housing Complex

ARLINGTON, Va. – January 27, 2014 – (RealEstateRama) — The Arlington County Board today approved a plan to build a five-story mixed-income apartment building in the Buckingham neighborhood that will include 98 committed affordable units, most of them family-size. The Board also approved a $7.82 million Affordable Housing Investment Fund (AHIF) loan to help the non-profit Arlington Partnership for Affordable Housing (APAH) finance the development

Arlington Property Values Grow 5.8%

ARLINGTON, VA – January 22, 2014 – (RealEstateRama) — Arlington’s 2014 real estate assessments showed solid growth of 5.8 percent overall, fueled primarily by strength in the residential market, as well as new construction of commercial properties

Volunteers Needed for Jan. 29 “Point-in-Time” Count

ARLINGTON, Va. – January 17, 2013 – (RealEstateRama) — As the sun sets on Wednesday, Jan. 29, teams of surveyors will be hitting the streets, parks and wooded areas in Arlington to count the homeless. The effort is part of the annual Point-in-Time Count, now in its 14

City of Alexandria and Arlington County Approve Lease Extension for Waste-to-Energy Facility

Arlington, VA – December 20, 2013 – (RealEstateRama) — The City Council of Alexandria and Arlington County Board recently agreed to extend the Covanta Waste-to-Energy lease agreement through 2038 for the disposal of municipal trash. The two jurisdictions jointly lease this solid waste disposal facility, located at 5301 Eisenhower Avenue, to Covanta, Inc

Arlington County to Identify Publicly-Owned Sites that Could be Redeveloped to Include Affordable Housing

ARLINGTON, Va. – December 18, 2013 – (RealEstateRama) — The Arlington County Board today said it will instruct the County Manager in January to identify three-to-five publicly owned sites “with the greatest potential for redevelopment” in the next 10 years that could incorporate new affordable homes in their redevelopment