Yearly Archives: 2013

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

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

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

Alexandria City Council Approves Housing Master Plan

On December 14, the Alexandria City Council unanimously approved the City’s first Housing Master Plan, setting a 10-year goal of developing or preserving 2,000 affordable housing units by 2025. The Housing Master Plan approval represents the conclusion of a multi-year public planning process of developing the Plan to guide the City’s housing development and preservation efforts. The Plan offers principles, goals, strategies, and tools to meet Alexandria’s anticipated affordable housing needs over the next 20 years.

Board Approves Columbia Pike Implementation Tools to Preserve, Create Affordable Housing

The Arlington County Board today adopted a set of financial tools to help preserve the affordability of the 6,200 existing market rate affordable homes along the Pike as it is transformed to a more walkable, transit-oriented neighborhood

Arlington County Approves County Loans to Preserve Affordable Housing Units

The Arlington County Board today approved $8.3 million in County loan funds for nonprofit developer, Arlington Partnership for Affordable Housing (APAH), to purchase and preserve the 101 affordable housing units at Arna Valley View Apartments

FALLS CHURCH HOUSING CORPORATION NAMES NEW EXECUTIVE DIRECTOR

Falls Church Housing Corporation (FCHC) has named Jaymar Joseph executive director of the 30-year-old nonprofit Community Development Corporation. Headquartered in Falls Church, FCHC is currently seeking to expand its mission of preserving affordable housing into other Virginia communities and has tapped Mr. Joseph’s talents and expertise to lead the organization into and through this next phase of operation. Joseph brings to the task more than 15 years of experience in the creation of affordable housing through community development projects for local governments, nonprofits and faith-based organizations in underserved urban communities

Governor McDonnell Announces Awarding of $200,000 for the Building Collaborative Communities Program

Governor Bob McDonnell today announced $200,000 in funding for three collaborative efforts in Virginia through the Building Collaborative Communities program. The program promotes regional economic collaboration in economically-distressed areas that stimulate job creation, economic development and provide a significant return on state investment.

Governor McDonnell To Propose New Funding to Help Ongoing Efforts to Reduce Homelessness in...

RICHMOND - December 6, 2013 - (RealEstateRama) -- Governor Bob McDonnell today announced that his upcoming biennial budget will contain considerable new funding to support Virginia's ongoing, successful, homelessness reduction and prevention efforts. The governor will call for over $9.5 million in additional funding for the Virginia Housing Trust Fund, the Rapid Re-Housing Program, and efforts to further enhance data collection.

Arlington County Adopts Innovative Tools to Increase Affordable Housing on Columbia Pike

ARLINGTON, Va. - November 18, 2013 - (RealEstateRama) -- The Arlington County Board today adopted several new Planning and Zoning tools that could add 9,500 new homes along Columbia Pike over the next 30 years, and will help the County reach the Columbia Pike Neighborhoods Area Plan goal of preserving the affordability of approximately 6,200 market rate affordable homes

Arlington County Approves Mixed-Use Residential for Virginia Square Site

ARLINGTON, Va - November 18, 2013 - (RealEstateRama) -- The Arlington County Board today approved a site plan to replace one and two-story buildings located directly across from the Virginia Square Metro station with an apartment building featuring ground floor retail space, a public plaza, cultural and education space and underground parking.

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Arlington County Board Approves Redevelopment of Former Bob Peck Site

Ballston project incorporates office buildings, affordable housing, ground-floor retail, townhouses ARLINGTON, Va.– The Arlington County Board today approved a mixed-use project for the last unplanned...

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Merchants Tire Chesapeake VA

The Boulder Group Arranges Sale of Single Tenant Net Leased Merchant’s...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Merchant’s Tire property located at 215 Hillcrest Parkway in Chesapeake, Virginia for $3,150,000