Housing nonprofit Community Lodgings, Inc. (CLI) is asking for an extension to redevelop an existing 28-unit affordable apartment building in the Arlandria neighborhood with more housing.
CLI is planning to construct a six-story, 91-unit affordable apartment building at 3908 Elbert Avenue, more-than tripling the amount of units the property currently has. The nonprofit, which received approval for the project in February 2023, previously said in its application that it wouldn’t have been able to break ground before the expiration of its development special use permit, which passed yesterday (Wednesday).
CLI is seeking three more years to start construction on the project. The Planning Commission will review the extension request at its April 7 meeting.
The nonprofit “doesn’t believe [it’ll] need that full three years, but that is the standard extension request,” according to the application. The organization has spent two years acquiring tax credit financing and pursuing final site plan approval for the project.
Last week, CLI said on social media that it was among 10 affordable rental housing projects to receive funding from the VDHCD’s HOME-ARP Developer Subsidy Program. The project is slated to receive $2.5 million from the program, which “fills gaps in permanent financing to finalize the capital needed for affordable rental developments” through a competitive award process.
CLI’s plan would keep all 91 units in the building affordable for renters earning between 30% and 60% of the area median income. Additionally, the building would have 61 parking spaces, with one space for a 15-passenger van, and 30 bicycle parking spots.
The nonprofit bought the building in the 1990s.
The development is part of a pair of affordable housing redevelopments that received city approval in 2022. The other project, Witter Place Apartments at 2712 Duke Street, will create a 94-unit affordable apartment building. The Community Housing Partners project broke ground last year, and completion is expected this December.
Photo via Google Maps.