APAH, EYA Advance Infill Development Near Amazon’s HQ2
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A joint venture between the Arlington Partnership for Affordable Housing (APAH) and EYA is moving forward with its infill development plan at Arlington County’s Crystal House apartments, supported by Amazon financing, reported by Washington Business Journal.
The project aims to add affordable housing, particularly for seniors, to the site. The first phase involves re-entitling a market-rate condo tower into an 80-unit all-affordable housing building for seniors. The project plans to apply for low-income housing tax credits and break ground next year, with completion expected in 2026.
Subsequent phases will add 844 new units, resulting in nearly 1,700 units on the site, with the majority being affordable for moderate- and low-income households. Amazon’s Housing Equity Fund played a key role by transferring development rights to Arlington County for this initiative.
APAH, EYA Advance Infill Development Near Amazon’s HQ2
APAH, EYA Advance Infill Development Near Amazon’s HQ2
[ad_1]
A joint venture between the Arlington Partnership for Affordable Housing (APAH) and EYA is moving forward with its infill development plan at Arlington County’s Crystal House apartments, supported by Amazon financing, reported by Washington Business Journal.
The project aims to add affordable housing, particularly for seniors, to the site. The first phase involves re-entitling a market-rate condo tower into an 80-unit all-affordable housing building for seniors. The project plans to apply for low-income housing tax credits and break ground next year, with completion expected in 2026.
Subsequent phases will add 844 new units, resulting in nearly 1,700 units on the site, with the majority being affordable for moderate- and low-income households. Amazon’s Housing Equity Fund played a key role by transferring development rights to Arlington County for this initiative.
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