Arlington County Board Moves to Preserve 68 Affordable Westover Units

The Arlington County Board today moved to preserve 68 affordable apartments in the Westover neighborhood, approving a $10.9 million Affordable Housing Investment Fund allocation to the non-profit Arlington Partnership for Affordable Housing (APAH). The loan and associated documents will be considered by the Board in December. APAH will use the proposed loan to help it buy market-rate units within eight apartment buildings. The affordable housing developer intends to renovate the units and guarantee their affordability to families earning at or below 60 percent of the area median income for 60 years.“The Board’s action will help preserve both these affordable apartments and a beloved neighborhood, where we want to keep a range of housing affordability,” said Arlington County Board Chair Libby Garvey. “This allocation of funds implements goals of the County’s Affordable Housing Master Plan, which calls for preserving our existing stock of affordable homes.”