developing affordable housing: challenges, solutions and innovation

18
C HALLENGES , S OLUTIONS & I NNOVATION Developing Affordable Housing AHC Inc. l 2230 N. Fairfax Dr., Arlington, VA 22201 l www.ahcinc.org

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A look at some of the challenges, solutions and innovations in some of AHC Inc.'s latest affordable housing projects in Arlington, VA. AHC is a nonprofit housing developer with 35 properties serving 4,400 households in the mid-Atlantic region.

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Page 1: Developing affordable housing: challenges, solutions and innovation

CHALLENGES , SOLUTIONS & INNOVATION

Developing Affordable

Housing

AHC Inc. l 2230 N. Fairfax Dr., Arlington, VA 22201 l www.ahcinc.org

Page 2: Developing affordable housing: challenges, solutions and innovation

Crea te warm and we lcoming

l i v ing env i ronments

Produce top -qua l i t y

commun i t ies

Maximize f inanc ing p rocess

Bu i ld as g reen as

economica l l y poss ib le

AHC’s Development Goals

Building Affordable Housing and Strong Futures For 35 Years

The Shelton

Page 3: Developing affordable housing: challenges, solutions and innovation

In tense compet i t i on fo r

proper t ies

Deve lop ing f inanc ing

p lan tha t works

Numerous s teps –

pro jec ts can take 4 years

o r more

Challenges Vary

Building Affordable Housing and Strong Futures For 35 Years

Gates of Ballston

Page 4: Developing affordable housing: challenges, solutions and innovation

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.

Innovative Approaches

Building Affordable Housing and Strong Futures For 35 Years

The Frederick

Page 5: Developing affordable housing: challenges, solutions and innovation

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

Building Affordable Housing and Strong Futures For 35 Years

Page 6: Developing affordable housing: challenges, solutions and innovation

Land Swap

Low Density to

High Density

24 Units to 90 Units

Building Affordable Housing and Strong Futures For 35 Years

Jordan ManorFormer 24-unit

property.

The JordanNew 90-unit

development under

construction.

Page 7: Developing affordable housing: challenges, solutions and innovation

The Jordan

JBG

Building A

Commercial Office

Jordan Parking Level 1 JBG Parking Level 1

JBG Parking Level 2

JBG Parking Level 3

Garage: Shared Parking Structure & Vertical Subdivision

Building Affordable Housing and Strong Futures For 35 Years

Page 8: Developing affordable housing: challenges, solutions and innovation

Ellen’s Trace: Proposed Dedication to Ellen BozmanPedestrian-friendly greenway between The Jordan and commercial building

Building Affordable Housing and Strong Futures For 35 Years

Human

rights

Local

government

Urban

development

Health &

Welfare

Affordable

Housing

Community

Page 9: Developing affordable housing: challenges, solutions and innovation

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

Building Affordable Housing and Strong Futures For 35 Years

Page 10: Developing affordable housing: challenges, solutions and innovation

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

Building Affordable Housing and Strong Futures For 35 Years

Page 11: Developing affordable housing: challenges, solutions and innovation

Zoning &

Land Use

Building step-down and

shared driveway

Building Affordable Housing and Strong Futures For 35 Years

Page 12: Developing affordable housing: challenges, solutions and innovation

Green Design: Green Roof & EarthCraft CertificationThe Macedonian’s rooftop patio will be surrounded by green roof garden

Building Affordable Housing and Strong Futures For 35 Years

Page 13: Developing affordable housing: challenges, solutions and innovation

The

Macedonian

Partners

Arlington County

Bonder and Amanda

Johnson CDC

Bonstra l Haresign

Architects

Bozzuto Construction

Macedonia Baptist

Church

Virginia Housing

Development

Authority

Building Affordable Housing and Strong Futures For 35 Years

View of Nauck from Macedonian roof

Page 14: Developing affordable housing: challenges, solutions and innovation

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

Building Affordable Housing and Strong Futures For 35 Years

Page 15: Developing affordable housing: challenges, solutions and innovation

Improve Energy

Efficiency

Individual water heaters

And HVAC systems

Programmable

thermostats

Energy efficient

appliances

New windows

New roof

Building Affordable Housing and Strong Futures For 35 Years

Page 16: Developing affordable housing: challenges, solutions and innovation

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

Building Affordable Housing and Strong Futures For 35 Years

Page 17: Developing affordable housing: challenges, solutions and innovation

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

Building Affordable Housing and Strong Futures For 35 Years

Page 18: Developing affordable housing: challenges, solutions and innovation

B U I L D I N G AF F O R D AB 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 1 9 7 5

AHC Inc.

AHC Inc. l 2230 N. Fairfax Dr., Arlington, VA 22201 l www.ahcinc.org