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Arlington County, VA

Arlington County, VA. Solutions 2013: National Conference on State and Local Housing Policy. Local Tools & Strategies for Achieving Inclusion. September 16, 2013. 2. Arlington, VA. Columbia Pike. 3. Arlington’s Columbia Pike. ~37,400 residents (July 2013)

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Arlington County, VA

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  1. Arlington County, VA Solutions 2013: National Conference on State and Local Housing Policy Local Tools & Strategies for Achieving Inclusion September 16, 2013

  2. 2

  3. Arlington, VA Columbia Pike 3

  4. Arlington’s Columbia Pike • ~37,400 residents (July 2013) • Population expected to almost double in 30 years • Diverse area of County • 67% of residents non-white • 40% of residents foreign born • Home to large number of Market Rate Affordable Units (MARKS) • ~9,100 multifamily units • 68% are MARKS 4

  5. Columbia Pike Neighborhoods Area Plan • In July 2012, County Board adopted Plan to achieve following goals: • Preserve all affordable units with rents up to 80% of the Area Median Income (AMI) (~6,200 units) • Encourage High-Quality, Mixed-use Development • Preserve Historic Buildings • Create Diverse Housing Options 5

  6. Developing New Tools • New Neighborhoods Area Form-Based Code with Affordable Housing Requirement • 20% to 35% percent of net new units affordable to households earning between 40 % to 80% (AMI). • Percentage of units required increases with density

  7. Developing New Tools • Financial Tools • Partial Property Tax Exemptions • TIF • TOAH • New Loan Program • Pooled Equity Program • Planning Tools • TDR • Reduced Parking Requirements

  8. For more information visit http://www.columbiapikeva.us/

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