FCRHA Authorizes $4.45 Million Blueprint Loan for Senior Housing Development
The Fairfax County Redevelopment and Housing Authority (FCRHA), at its January 21 meeting, authorized a $4.45 million Housing Blueprint loan for the development of The Lodge at Autumn Willow – a 150-apartment independent senior living community to be located in the Springfield District. The measure now moves before the Fairfax County Board of Supervisors for approval. It is anticipated that the board will take up the item at its February 23 meeting.
In July 2020, the FCRHA selected Michaels Development to develop, own and operate an independent living community on undeveloped public land owned by the FCRHA. Under the terms of a 99-year ground lease, apartments will be priced affordable to residents earning between 30 percent and 60 percent of the Area Median Income.
ABOUT THE DEVELOPMENT
The community will include a two-story building with surface parking located in a unique natural wooded setting surrounded by a public park, pedestrian trails and the Little Rocky Run streambed. Benefits of the development will include:
Outdoor amenity space will include serenity studio, reading cove, firepit and recreation area
On-site walkways will connect to Fairfax County Park Authority Trails
Earthcraft Certification for “green” design
15 Americans with Disabilities Act compliant units
Universal Design for accessibility will be included in all units, and units will be built to be adaptable for future accessibility improvements as may be required
The project is anticipated to close on all financing by the Spring of 2022.