Northam Announces $1.1M for Loudoun Affordable Housing

Gov. Ralph Northam on his second-to-last day in office Jan. 13 announced more than $60 million in Affordable and Special Needs Housing loans for 42 projects across the commonwealth, including $1.1 million for two related projects in Sterling.

Mt. Sterling Four and Mt. Sterling Nine, two projects within the same development by Arlington Partnership for Affordable Housing, were awarded $900,000 and $200,000 respectively.

Mt. Sterling Four is the new construction of 50 rental units for seniors, with a mix of one- and two-bedroom apartments. Residents will get free wi-fi and amenities such as a business center and a fitness and wellness suite. Units will be rent-controlled for people making 30% area median income, 50% and 60% area median income.

Mt. Sterling Nine adds another 48 rental units for seniors, with the same amenities. Those units will be set aside for seniors making 30% area median income and 50% area median income.

Across the state, according to Northam’s office, the grants will create or preserve 2,552 affordable housing units, improving access to energy-efficient affordable housing, reducing homelessness, and providing permanent supportive housing for people with intellectual and developmental disabilities.

“Quality, affordable housing is essential to building vibrant communities and ensuring every Virginian has the opportunity to thrive,” Northam stated. “We must keep investing in the Commonwealth’s stock of affordable housing, and the Affordable and Special Needs Housing programs will continue to be a vitally important resource for vulnerable Virginians.”

Funding comes from four main sources: the federal HOME Investment Partnerships Program, the National Housing Trust Fund, the Housing Innovations in Energy Efficiency fund, and the Virginia Housing Trust Fund. Both Mt. Sterling projects were funded through the Virginia Housing Trust Fund, to which Northam and the General Assembly sent $55 million this fiscal year.

The Virginia Department of Housing and Community Development administers Affordable and Special Needs Housing loans, which combine state and federal resources to provide a simplified and comprehensive application process. In his press release, Northam commended the work of the department and its director, Erik Johnson, for its work, particularly during the COVID-19 pandemic.

Affordable and Special Needs Housing loans are awarded through a competitive process. Fifty-five applications requesting more than $79 million were received for this round of funding. Across the state, the funded projects will leverage more than $651 million in additional federal, state, local and private lending.

4 thoughts on “Northam Announces $1.1M for Loudoun Affordable Housing

  • 2022-01-15 at 10:26 am
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    Great news. Affordable housing is taking its rightful place in Loudoun County. I’m glad the units will be of high-quality. Also, there will be significant set-asides for senior citizens. Slowly but surely, more equity is coming to Loudoun County (despite the new administration in Richmond). Happy MLK Day Loudoun!

  • 2022-01-15 at 1:28 pm
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    There is no surprise that he gave away tax payer money on his second to last day. The surprise is who he gave the money to.

  • 2022-01-15 at 2:13 pm
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    I am always suspicious when a politician starts throwing money around two days before they leave office. If this was a good idea on the 13th, why wasn’t done last year? Where will the bulk of this money land? Who pockets the cash? How many friends of Northam and McAuliffe will benefit by this last-minute flood of cash?

  • 2022-01-15 at 8:11 pm
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    Exactly WHAT is “affordable”? I never see rents published, or ranges given to the public. Age restricted should be even cheaper for a lot are in a fixed income that doesn’t include pension plans, 401Ks, etc. Nothing I have ever investigated comes within an affordable range. Maple Ave Apts in Purcellville used to be income restricted and they were very nice units. They were safe and most of the units were under $1000 a month. I don’t think Section 8 housing is that affordable anymore. You want to build for Amazon people? These folks make good money and maybe Amazon should do corporate housing developments rather than the county saturating itself even more. Just build huge complexes like the one in NY near GW Bridge…!

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