Because Arlington County Government and the local Media have apparently censored information about the County's purchase of Ballston Park Apartments, we obtained a copy of the staff report and are putting it on-line here. Should have been placed on the County Board's Agenda under "Additional Items" on January 28th as Item 44. Based on conversations with County Planning and Housing Staff it is unlikely that anyone working in the Ballston-Rosslyn and Glebe Road corridors and earning less than $40,000 per year would be able to afford to live at Ballston Park. However hundreds of jobs that pay less than $40,000 per year are being created within walking distance of Ballston Park. Not surprising that hundreds of parking spaces are created concomitant with every new mixed-use site plan.
Cindy
17 comments:
They're all a bunch of sleazy weasels -- media, county government, for-profits, non-profits
Answers the question where will entry creative class yuptards live when they're doing their national security thing in the B-R corridor.
Check out the financials, they're all about wheeling and dealing, not about housing people in need.
Let's make a housing deal - what fun.
Glad I voted YES for the housing authority last November.
Obviously, Arlington County and the County Board are no longer interested (if they ever were) in building workforce housing. They are interested in financing deals to benefit AHC which is interested in building as few units of workforce housing (i.e., housing for people who earn $30,000 per year working at Ballston Common Mall) as possible. Smart Growth? What a charade.
Thanks for this. Another behind closed doors deal. What is Zimmerman concocting his last week on County Board to finance his legacy trolley?
The odds that a high school drop out earning $23,000 per year at Ballston Common Mall will obtain an "affordable" apartment at Ballston Park are about the same as him or her winning this week's Powerball jackpot.
County Government and local Media are deliberately confusing Ballston Park (should be Agenda Item 44) with The Springs (Agenda Item 42) which is another giveaway to the County Board's AHC / ACDC / Chamber of Commerce / Committee of 100 cronies.
$leazy Wea$el Jounali$t$ for $tupid Growth? Try Patricia $ullivan of the Wa$shington Bezo$ Po$t, $ara$ota $cott Mccaffrey of the Arlington $un Gazette, and $cott Brodbeck of ArlNow.
Where is the Po$t when it comes to these pay-to-play deals. Po$t played a major role in the pay-to-play redevelopment of the Alexandria waterfront.
Anyone know how much the rents will increase at Ballston Park? After AHC takes over a property and does its renovations rents typically increase by 20% to 30%.
Area median income is about $104,000 this year. So 60% of AMI = $62, 400; 50% of AMI = $52,000; and 40% of AMI = $41,600
It's a Ponzi scheme. AHIF funds derived from building luxury housing are used to fund huge government, for profit, and non profit bureaucracies that build entry-level luxury housing for the upscale children and grandchildren of the Limo Liberal Elite (aka VOICE) and of course entry-level creative class recent college grads.
About right that someone who's a high school drop out working at Ballston Common Mall for $23K has about as much chance of living in a new or newly renovated AHC apartment as he.she does of winning the Powerball lottery.
It's like the Old Ronald Reagan line that welfare recipients buy orange juice with food stamps and vodka with the change.
Elite corporate welfare recipients build expensive luxury in-fill housing and then turn around and build entry-level luxury housing for their children using their own AHIF contributions recycled through 2100 Clarendon Blvd. and AHC.
Corporate welfare recipients get tax deductions for the costs of the vodka and orange juice as an entertainment expense.
How's that for recycling, recycle service workers out of Arlington, recycle their formerly affordable apartments into creative class housing.
Post a Comment