Arlington Co. and Amazon partner to preserve more than 1,300 affordable apartments
“The purchase, which is expected to be completed in 2022, will help address immediate repairs, add amenities and upgrade the property. Venezia said it marks a significant milestone in the county’s Affordable Housing Master Plan, which aims to preserve 6,200 affordable units, with Barcroft accomplishing 20% of that goal.
‘This is a once-in-a-generation opportunity to preserve the largest neighborhood of privately owned, naturally occurring affordable housing in the county,’ said County Board Chair Matt de Ferranti.
‘By our actions today, we take a big step toward ensuring that the 1,100 current families living in this community are able to stay in their homes and have safe and affordable housing for the foreseeable future,’ he said.”