CPA Projects – Detailed Report

The Housing Corporation of Arlington (HCA) acquired property in October, 2022 that is the site of a former automotive business and intends to build 43 units of permanently affordable housing, adding substantially to the 150 affordable apartments throughout Arlington already owned by HCA. As the applicants explain, “With the development of 10 Sunnyside Avenue, the HCA seeks to support families who make a low-income and expand affordable housing in Arlington by providing beautiful, energy-efficient homes for a range of family sizes in a building with quality-of-life amenities…” This project will benefit the neighborhood by replacing an unattractive, underutilized former industrial property with a greatly improved streetscape, including planned rooftop garden, while also planning to provide some community meeting space. As has been true with prior HCA developments, most notably the 48-unit Downing Square Broadway initiative, CPA and other local funding awards will be leveraged to obtain the additional funding, making it possible for HCA to raise the full amount (estimated at $23,809,156) required for this project. In its application, HCA described the status of its efforts to obtain such funding, including plans to apply for the Department of Housing and Community Development (DHCD) One Stop Funding Round; DHCD requires a substantial local funding commitment to award its subsides. This proposed CPA award, in combination with $250,000 in funding from the CPA-supported Arlington Affordable Housing Trust Fund (AHTF) (See “Arlington Affordable Housing Trust Fund” project), is expected to demonstrate strong local commitment for this exciting project to the DHCD and other potential funders.