The Residences at Government Center, a 270-unit workforce housing community located on Government Center campus, is now a nationally recognized property. The National Council for Public-Private Partnerships (NCPP) has selected the Residences at the Government Center for the 2017 Outstanding Project Innovation Award. This award highlights public and private sector organizations that have collaborated and implemented unique innovative project in P3s.
“The National Public-Private Partnership Awards recognize those organizations and individuals going above and beyond to advance the concept and implementation of public-private partnerships across the country,” said NCPPP President Sandy Hoe. “We are proud to recognize innovators and leaders whose work serves as exemplary partnership models.”
Situated on just over eight wooded acres facing Monument Drive, the Residences at Government Center offers 270 rental units of affordable housing for Fairfax County workforce. It is a unique public-private partnership between the county, the Fairfax County Redevelopment and Housing Authority, SCG Development, and Jefferson Apartment Group. By leveraging county land, the community was built at no cost to the local taxpayer. It is the first in the Commonwealth of Virginia to employ a hybrid financial structure utilizing both 9 percent and 4 percent Low- Income Housing Tax Credits to fund its development.
Residences at Government Center serves households earning between 50 and 60 percent of the area median income (AMI) for the Washington DC Metropolitan Area – as set by the U.S. Department of Housing and Urban Development. Rents range from just above the mid- $800s for an efficiency to just under $1500 for a three bedroom. The four-story apartment community features garage parking, a fitness center and outdoor pool, a conference room, outdoor courtyards, a play area, and a community room. Green features include low volatile organic compounds (VOC) paints, Energy Star appliances, and high-efficiency water heaters.
The award will be presented at P3 Connect, the NCPPP’s annual conference in October 12-13 in Miami Beach, Fl.
The National Council for Public-Private Partnerships (NCPP) is a non-profit, non-partisan organization that advocates and facilitates the formation of public-private partnerships at the federal, state and local levels and raises the awareness of governments and businesses of the means by which their cooperation can cost effectively provide the public with quality goods, services and facilities.
For more information on the Residences at Government Center, please visit http://www.residencesgovernmentcenter.com/.
For more information on the National Public-Private Partnership Council P3 Connect Conference, visit: http://www.p3connect17.org/.