Real Estate Developments

Arbor Heights

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Description

AHC Inc. is renovating Arbor Heights, a 198 unit residential apartment complex in Arlington, VA to add 133 two bedroom family sized units, a new playground for tenants, as well as new fixtures, kitchens, and finishes. In addition, AHC will upgrade the units to increase energy efficiency and reduce energy consumption.

When the project is completed 158 units will be designated for affordable housing for household earning up to 60 percent of the area median income (AMI), and 40 units will be reserved for households earning up to 50 percent AMI. 

According to AHC, Arlington County is providing a $13.26 million Affordable Housing Investment Fund (AHIF) loan to aid with Arbor Heights, and the development team received low-income tax credits, IDA bonds, and $1 million from AHC to finance the project.

Project Details

Type

Residential Development

Status

Completed

Address

5203 8th Road South

City

Arlington

State

VA

Zipcode

22204

Construction

Renovation

Start Date

2012

Expected Completion Date

2013

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Number of units for rent

198

Number of units for sale

0

Number of affordable housing units

198

LEED Designation

Project Cost

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Parking Spaces

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Zoning

Hotel Rooms

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Retail Space

0

Office Space

0

Square Footage

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Lowest Housing Sales Price

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Highest Housing Sales Price

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Lowest Rent Price

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Highest Rent Price

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Neighborhood:

Arlington Mill

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          Office Location
          • Washington, DC-HQ
            1440 G Street, NW 8th Fl
            Washington, DC 20005
            Phone: 202-788-0407
          • New York, NY
            28 Liberty Street, 6th Fl
            New York, NY 10005
            Phone: 929-383-5327
          • Long Beach, CA
            3750 Schaufele Avenue
            Long Beach, CA 90808
            Phone: 562-337-3044
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