The Arden is managed by Wesley Property Management Company.
Recently approved by the Fairfax County Board of Supervisors, The Arden is a planned 126-unit multi-family rental community plus 7,500 sq. ft. of office space in Huntington. The Arden is located a block from the Huntington Metro station. Construction is expected to begin in December 2019. The final development plan will include 126 affordable rental units (10 studio units, 25 1-BR units, 81 2-BR units, 10 3-BR Units). Families who earn 60 percent or less of the Area Median Income (AMI) will be eligible to live in The Arden. The building will have a total of 179 parking spaces, including 15 for the offices.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | - | Call for Price |
One Bedroom (1/1) | - | Call for Price |
Two Bedroom (2/1) | - | Call for Price |
Three Bedroom (3/1.5) | - | Call for Price |
This project has been funded and will begin construction soon.
currently under construction, Planned to be completed
Summer 2022
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Alexandria but actual income limits may differ for units at The Arden.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Low Income (60%) | $63,300 | $72,360 | $81,420 | $90,420 | $97,680 | $104,940 |
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.