The Condominium Initiative focuses on strategies to ensure that condominium owners can preserve and maintain their homes. Assuming a sales price ceiling of $500,000, existing condominiums provide the most likely source of affordable ownership opportunities to low– and moderate-income households in Arlington.
This initiative includes three major elements:
Build organizational capacity by providing resource materials, classes, workshops, direct technical assistance, and conducting outreach to association management, prioritizing condos primarily owned by low or moderate-income owners;
Promote capital improvements by developing strategies and programs that help support maintenance and renovation needs in existing affordable condos; and
Develop programmatic approaches for direct support by establishing cost-effective methods to provide direct assistance to financially vulnerable low– and moderate-income owners in the context of rising fees and capital expenses.
The City of Alexandria has once again invited Arlington residents to participate in a four-part education series geared towards condominium and community associations in 2024-2025. The goals for these classes include educating homebuyers about the structure and governance of condominium communities; strengthening the knowledge of community board members in understanding, managing and budgeting; helping communities understand state laws, and more! All workshops are offered at no cost to participants, but registration is required.
Saturday, June 25, 2022; 9:30am - 11:30am Topic: Finding (Parking) Spaces Meeting Video
Housing Arlington Home
housingarlington@arlingtonva.us Coordinator Richard Tucker 703-228-0069 Communications & Engagement Erika Moore 703-228-3551
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