The Arlington Partnership for Affordable Housing, County Board members and other elected officials and community leaders broke ground yesterday afternoon on the Columbia Hills Apartments, located at 1010 S. Frederick Street, off of Columbia Pike.
“There is dire need for affordable housing” in Arlington, said APAH President and CEO Nina Janopaul. “We’ve lost 13,500 affordable homes since 2000 so this is an opportunity in a big way to help make up for that.”
Columbia Hills will be APAH’s 15th property. Their 14th property, The Springs Apartments in Buckingham, will be welcoming residents this fall.
The Columbia Hills Apartment property is a $91 million project that includes land donated by APAH and M&T Bank, federal Low Income Housing Tax Credits and innovative “hybrid financing.”
“We are proud of the financing and are very appreciative of our partners who have allowed us to take the parking lot out of service and donate it to the new project,” said Janopaul.
Columbia Hills will be built on 1.2 acres of APAH’s land adjacent to the Columbia Grove Apartments. The property includes 10 permanent supportive housing units and 13 accessible units, serving housing needs for senior and disabled residents who cannot live comfortably in the neighboring Columbia Grove walk-up apartments.
The connecting east and west buildings will each be eight stories tall. The buildings will have a total of 229 homes, including 64 studio apartments, 27 one-bedroom units, 110 two-bedroom units, and 28 three-bedroom homes.
The committed affordable apartments are available to lower income households earning 60% of Area Median Income (AMI). There are 10 designated for households below 40% AMI and 39 for households below 50% AMI.
“Columbia Hills is one of the first projects to be developed under the Arlington County’s award-winning Columbia Pike Neighborhoods Plan and will contribute significantly to meeting the Plan’s goal of preserving 3,000 affordable homes along Columbia Pike,” Janopaul said.
The apartments are expected to be completed in the spring of 2018.