What was approved?
The Board authorized the County to request a loan from an Arlington-based affordable housing non-profit to finance the development of the affordable senior housing facility, Oakwood Apartments.
What has changed? When the Board last talked about this in January, we approved the permitting for the property. Now the projected is funded.
Anything else notable about the project? Yes! Aside from the 150
affordable senior units this building adds to a cost-burdened area, it's near a Metro station allowing seniors continued access to the community and the property will simultaneously manage storm water and water quality.