Developing Affordable Housing. AHC Inc. l 2230 N. Fairfax Dr., Arlington, VA l
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1 Developing Affordable Housing C HALLENGES, S OLUTIONS & INNOVATION AHC Inc. l 2230 N. Fairfax Dr., Arlington, VA l
2 AHC s Development Goals C r eate w a r m a n d w elcoming living environments Produce top-quality c o mmunities Maximize financing p r o c e s s Build as g r e e n a s e c o n o mically p o s s ible The Shelton
3 Challenges Vary Intense c o mpetition for p r o p e rties D e veloping financing p lan that w o r k s N u merous s teps p r o jects c a n take 4 years o r more Gates of Ballston
4 Innovative Approaches B e c r e a t i v e, w o r k w i t h w h a t y o u h a v e B l e n d a f f o r d a b l e a n d m a r k e t - r a t e u n i t s e v e n c o m b i n e r e n t a l w i t h h o m e o w n e r s h i p I n n o v a t i v e b u i l d i n g d e s i g n E n e r g y e f f i c i e n t f e a t u r e s E m b r a c e o p p o r t u n i t i e s f o r n e w p a r t n e r s h i p s C r e a t i v e f i n a n c i n g : h i s t o r i c t a x c r e d i t s, L I H T C, l e v e r a g i n g o w n e r e q u i t y. The Frederick
5 The Jordan 90 apartments 17 One-bedrooms 68 Two-Bedrooms 5 Three-Bedrooms Near Ballston Metro Challenge: To acquire and develop the property in collaboration with The JBG Companies in a unified site plan
6 Land Swap Low Density to High Density 24 Units to 90 Units Jordan Manor Former 24-unit property. The Jordan New 90-unit development under construction.
7 Garage: Shared Parking Structure & Vertical Subdivision The Jordan JBG Building A Commercial Office Jordan Parking Level 1 JBG Parking Level 1 JBG Parking Level 2 JBG Parking Level 3
8 Ellen s Trace: Proposed Dedication to Ellen Bozman Pedestrian-friendly greenway between The Jordan and commercial building Human rights Local government Urban development Health & Welfare Affordable Housing Community
9 The Jordan Partners Arlington County Bonstra l Haresign Architects Capital One Bank Harkins Construction Hudson Housing Capital, LLC The JBG Companies NeighborWorks Virginia Housing Development Authority
10 The Macedonian 36 apartments 19 One-bedrooms 17 Two-Bedrooms 2,000 square feet commercial space Challenge: To maximize building size and efficiency, and combine residential and commercial needs, and conform to Nauck Village Action Plan
11 Zoning & Land Use Building step-down and shared driveway
12 Green Design: Green Roof & EarthCraft Certification The Macedonian s rooftop patio will be surrounded by green roof garden
13 The Macedonian Partners Arlington County Bonder and Amanda Johnson CDC Bonstra l Haresign Architects Bozzuto Construction Macedonia Baptist Church Virginia Housing Development Authority View of Nauck from Macedonian roof
14 Westover 153 apartments 74 One-bedrooms 78 Two-Bedrooms 1 Efficiency Built in the 1940s Garden-style apartments 7-acre property Challenge: To create energy efficient renovation that maintains historic integrity and retains high proportion of existing residents
15 Improve Energy Efficiency Individual water heaters And HVAC systems Programmable thermostats Energy efficient appliances New windows New roof
16 Overcoming Challenges & Building Community New playground Lowered floor of original laundry room to create new community center with multipurpose room, offices and classrooms Bio retention pond to hold water since there are no storm sewers on property
17 Westover Partners Arlington County CM Parker & Co, Inc. Deutsche Bank EHT Traceries, Inc. Freddie Mac Neale Architects NeighborWorks RBC Capital Markets Virginia Housing Development Authority
18 AHC Inc. B U I L D I N G AF F O R D A B L E H O U S I N G & S T R O N G F U T U R E S S I N C E 1975 AHC Inc. l 2230 N. Fairfax Dr., Arlington, VA l
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