The confluence of housing demand and the focus and energy created by the arrival of Amazon and all of the associated businesses that will follow offers unprecedented opportunity for bold action on housing affordability.
In December 2017, the Arlington County Board approved Phase 1 of a proposal for a Housing Conservation District (HCD) that will provide protections and incentives to preserve or replace affordable apartments in market rate affordable buildings. Phase 2 of the plan, which includes developing a set of incentives to help property owners renovate or redevelop their properties in exchange for affordability protections, will be developed throughout 2018.
A coalition of experts and advocates urges the County Board to pursue strategies to meet the production goals set out in Arlington's Affordable Housing Master Plan
Although AHS focuses on local and regional housing issues, we always stay plugged into the latest national research on housing challenges and affordability to inform our work. Check out these recently released resources that provide evidence for the continued need for addressing housing affordability in Arlington and all our communities.
Market Rate Affordable Housing (MARKs) are an important part of the affordable housing stock in Arlington that serves low- to moderate-income households.
MARKs are units that are affordable to moderate or low-income families due to amenities, condition, age, and/or location of the units. The rents are not regulated by any agency allowing for diversity of incomes in buildings or neighborhoods.
This chart, taken from the county's first annual report on the Affordable Housing Master Plan shows how drastically we are losing MARKs (blue line).