Progressive Voice: Innovation Needed to Solve Affordable Housing Crisis

Progressive Voice | December 2, 2019 at 2:45pm | Source

As a 20+ year resident of Arlington and an affordable housing developer, I am often asked by neighbors, “What does affordable housing mean?” often followed by, “How can we help?”

In stark terms, here’s an example of the “affordable”* housing situation. The average apartment rent in Arlington in 2018 was $1,918 per month.* Yet a minimum-wage working family would need to work 154 hours a week to rent a one-bedroom apartment in Arlington.

Many people in the private and public sectors are putting in the hard work to combat this situation. Unfortunately, we are falling short on own stated community goals of seeing 17% of our housing stock be affordable* by 2040. As of Fiscal Year 2018, we were closer to only 8.8% (or 10,200 units) of our 115,400 housing units being affordable.

So, to the question: how can “we” help? Arlington has the benefit of excellent planning, transportation, a supportive community, and economic prosperity that comes with being one of the nation’s top technology economies. If we harness innovation and hold ourselves accountable, we can pull the pieces together to make it happen.
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