A new development is providing 150 affordable homes for seniors in Fairfax County, Virginia.
The Arlington Partnership for Affordable Housing (APAH) and its partners recently held a ribbon-cutting ceremony for Oakwood Meadow Senior Residences, a community with one- and two-bedroom apartments for residents 62 and older who earn between 30% and 60% of the area median income.
Located on a site that was once a stormwater retention pond, the development is the result of a partnership between APAH and the Fairfax County Redevelopment and Housing Authority (FCRHA).
“Oakwood Meadow shows that underutilized, vacant public property can be transformed into something beautiful that serves the people of our community,” said Jeffrey C. McKay, chairman of the Fairfax County Board of Supervisors. “It also is an example of how affordable housing is—and can be—everywhere across Fairfax County.”
In addition to the contribution of public land, Fairfax County and the FCRHA invested $5.25 million in local Housing Blueprint funding, nearly $12.6 million in bond financing, and awarded project-based vouchers.
Additional financing includes both 4% and 9% low-income housing tax credits awarded by Virginia Housing and nearly $30 million in equity investments from Bank of America.
Oakwood Meadow features 6,000 square feet of amenity space, including community rooms, a game room, a library, a sunroom and gardening space, package lockers, a fitness center, laundry on each floor, shuttle service, and an outdoor lounge space with a playground for visiting family.
In addition, the property fully embraces universal design, allowing residents to independently age in place. APAH’s on-site resident services staff offers programming and support informed by the residents. Supported by a partnership with Fairfax County Neighborhood Community Services, residents will enjoy on-site grocery distribution, recreational and educational opportunities such as craft nights, computer literacy programming, and transportation assistance.
“Oakwood Meadow is our first project in Fairfax County and our second senior community,” said APAH president and CEO Carmen Romero. “We have an obligation to meet the growing need of this population and provide quality, affordable places for people, especially our seniors, to call home.”