County Board Approves $7.9 Million Loan for Queens Court Redevelopment in Rosslyn | Apartment Loan Depot Since 2005 – Fannie Mae and Freddie Mac Multifamily Loans Nationwide

(RECAP: The Arlington County Board on Tuesday unanimously approved a $7.9 million loan to redevelop Queens Court, an affordable housing building in North Rosslyn. APAH will apply to the Virginia Housing and Development Authority for competitive 9 percent low income housing tax credits for Queen’s Court South, which will contain 90 affordable units. If APAH is awarded the 9 percent low income housing tax credits by VHDA, the Board is expected to consider a second AHIF request of up to $11.8 million for the remaining 159 units this fall.)