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The Arlington County Board has recently approved a significant financial package to support an innovative redevelopment project at the Goodwill location on S. Glebe Road. This initiative, spearheaded by AHC Inc., aims to transform the site into a mixed-use development that combines retail space with affordable housing and childcare facilities. The $18 million in revenue bonds will fund 65 housing units catering to low- to moderate-income residents. Additionally, the board approved another substantial bond issuance to support a separate affordable housing project in Crystal House, which will provide 344 units.

Pioneering Mixed-Use Development Unveiled

This groundbreaking project sets a national precedent by integrating a Goodwill retail and donation center with residential spaces. Located in Alcova Heights, the new structure will feature two floors of retail and donation areas, topped by 128 affordable housing units. The development also includes plans for a childcare center designed to accommodate up to 40 children. The below-grade parking facility ensures ample space for visitors and residents alike. The project is expected to break ground shortly after securing financing and leases, with construction anticipated to last approximately 27 months.

The redevelopment marks a significant milestone for both Goodwill and AHC Inc. The collaboration between these organizations showcases a novel approach to urban planning that addresses multiple community needs simultaneously. By combining essential services like retail and childcare with much-needed affordable housing, this project aims to create a vibrant, inclusive neighborhood environment. The funding secured through revenue bonds will specifically support 65 units, ranging from studios to two-bedroom apartments, available to individuals earning between 30% and 60% of the area's median income. This innovative model could inspire similar projects across the country.

Supporting Affordable Housing Initiatives

Beyond the Goodwill site, Arlington County continues its commitment to expanding affordable housing options. The Board also approved a $99 million bond issuance to support the Crystal House infill project. This initiative, led by True Ground Housing Partners, will deliver 344 additional affordable units. The dual focus on preserving existing community assets while creating new opportunities for affordable living demonstrates the county's dedication to addressing housing challenges.

The approval of these funds underscores Arlington's strategic approach to urban development. By leveraging public-private partnerships and innovative financing mechanisms, the county aims to ensure that all residents have access to safe, affordable housing. The Crystal House project exemplifies this commitment, offering a mix of unit types to cater to diverse household needs. With construction timelines and financing agreements in place, both projects are poised to make meaningful contributions to the local community. Together, they represent a forward-thinking approach to sustainable urban growth, balancing economic development with social responsibility.