Creative Affordable Housing Development Tools - Ken Aughenbaugh

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Local Public Assistance Cost

Allocation Plan (LPACAP)

New resource: $7 million set aside for

supportive housing

Arlington Assisted Living Residence

Bought with LPACAP

Lack of mortgage

offsets costs of services

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Credit Facility & County Credit Support Gates of Ballston – 349 ADUs of 465 total units Credit facility - $10 million from Fannie Mae County credit support (formerly called “moral obligation”)

Local Public Assistance Cost Allocation Plan (LPACAP) New resource: $7 million set aside for supportive housing Arlington Assisted Living Residence Bought with LPACAP Lack of mortgage offsets costs of services

Page 1 and 2: Creative Affordable Housing Develop
Page 3 and 4: Zoning Ordinance Requirements Affo
Page 5 and 6: Other Ordinance Requirements Cash
Page 7 and 8: Flexible Density Bonus Quincy Plaz
Page 9 and 10: Shift of Density Excess density ma
Page 11 and 12: Bonus Floor Area Ratio Nauck Villa
Page 13 and 14: Unused Density & Unique Subsidy Wo
Page 15 and 16: Recent AHIF Projects Hunter’s Pa
Page 17: GLUP Change, Rezoning & AHIF The V
Page 21 and 22: Creating Win:Win Situations Monter

Creative Affordable Housing Development Tools - Ken Aughenbaugh

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