Email signup

Little River Glen affordable senior housing project secures financing

The Little River Glen IV project includes 60 new affordable housing units for seniors (via Fairfax County)

An affordable housing option for seniors will soon be available in an area of Braddock District where housing stock has been limited.

At a board meeting on Tuesday (May 10), the Fairfax County Board of Supervisors approved a financing plan to rehabilitate 120 senior affordable housing units and construct 60 new units at a project known as Little River Glen.

Financing on the project is expected to close in October. The county will likely begin once financing is secured following a two-year schedule. 

“Accordingly, current projections would have completion in the fall 2024,” said Benjamin Boxer, spokesperson for FCHRA.

The project is spearheaded by the Fairfax County Redevelopment and Housing Authority, which owns Little River Glen I, a 120-unit building built in the 1990s and a senior center. FCHRA also owns an adjacent property that’s approved for 60 new senior affordable housing units, known in planning jargon as Little River Glen IV.

Both options will be restricted to seniors age 62 and above with incomes at or below 60% of the Area Median Income.

FCHRA is seeking multiple funding options for the project to move forward, including $7 million as a loan from the authority’s funding resources, $1.5 million from its operating fund, and $1.4 million in a loan from the county’s affordable housing development and investment fund.

Overall, the project requires up to $40 million in bonds to be authorized.

“Historically, the competing requirements tied to various funding sources have made it difficult to apply multiple resources to a project,” FCRHA Chairman Melissa McKenna wrote in a statement. “We’re proud of the fact that, over the last several years, we have led the way in rewriting the affordable housing playbook when it comes to the strategic investment of public resources to make it possible for projects like these to come alive.”

Both projects will be conveyed to LRG Apartments Limited Partnership, a limited partnership created and controlled by FCHRA as the sole controlling member.

Once completed, Little River Glen’s campus will see a boost in affordable housing options. It already includes Olley Glen, a 90-unit senior independent living building, and Braddock Glen, which includes 60 beds.

The existing community will get new cabinetry, upgraded kitchen appliances, new toilets, light fixtures, HVAC systems and bathtubs, and upgrades to the existing senior center.

Recent Stories

Fairfax County Fire and Rescue responded to a fire at a high-rise on the 8200 block of Crestwood Heights Drive in Tysons just after noon today. The department said firefighters…

Cirque Du Soleil is coming back to Fairfax next month. The theatrical aerobatic spectacle is performing eight shows at George Mason University’s Eagle Bank Arena from May 17-25. This year’s…

The Fairfax County Police Department is seeking a suspect possibly connected to three robberies in which the man used pepper spray against store employees. Police said the latest incident occurred…

Police are investigating the the fatal shooting of a woman who died at Mount Vernon Hospital last night. The Fairfax Police Department said around 11:30 p.m. on Wednesday night the…

Unlike our competitors, Well-Paid Maids doesn’t clean your home with harsh chemicals. Instead, we handpick cleaning products rated “safest” by the Environmental Working Group, the leading rating organization regarding product safety.

The reason is threefold.

First, using safe cleaning products ensures toxic chemicals won’t leak into waterways or harm wildlife if disposed of improperly.

Read More

Submit your own Community Post here.

There’s a reason Well-Paid Maids has hundreds of positive reviews from happy clients in the D.C. area.

The home cleaning company pays cleaners — who are W-2 employees — a living wage starting at $24 an hour. Plus, cleaners are offered benefits, including insurance, 24 paid days off a year, 100% employer-paid commuting costs and more.

Lexi Grant, an operations manager at Well-Paid Maids, said it best: “People deserve their work to be respected and recognized. When that happens, you love what you do, and you create the best results.”

Read More

Submit your own Community Post here.

Dream, Design, Build: Home Expo 2024

Sponsored by ABW Appliances & Eden, join us for a one-of-a-kind Home Expo event on May 11th from 10AM to 4PM!

The DMV’s top experts — AKG Design Studio and GMJ Construction — are opening their doors to homeowners to

Ravel Dance Company presents The Sleeping Beauty at Capital One…

Be transported to the magical kingdom of Princess Aurora, where the wicked Carabosse casts a curse that dooms the Princess and her entire kingdom. Set to the spectacular Tchaikovsky score, this beloved classic will sweep you away with its beauty,

×

Subscribe to our mailing list