Maryland-based Green Street Housing and Loudoun-based Good Works will be hosting a ribbon cutting ceremony for Waxpool Apartments in Ashburn, Virginia on Friday, March 15, 2024. Waxpool Apartments is a new residential development aimed at providing affordable apartments for hourly-wage workers, teachers, and first responders. The property is financed through various programs, including low-income housing tax credits, bond financing, and grants.
Waxpool Apartments is the first building in Loudoun County to be certified by four independent green building programs, demonstrating its commitment to sustainability. The building features a rooftop solar array that will produce enough energy over the next 20 years to offset the carbon impact of planting 20,000 trees.
The co-developers, Green Street Housing and Good Works, are proud of Waxpool’s promise to provide attainable housing and serve as a long-term community asset. They express excitement about their first rental community in Loudoun and the continued partnership between the two organizations.
The ceremony will take place at 43815 Oystercatcher Terrace, Ashburn, VA on March 15, 2024. Waxpool Apartments consists of 52 income-restricted rental units located within a short distance from the new Ashburn Metrorail Station. The community offers various amenities, including a playground, basketball court, grilling area, and walking trails.
Waxpool Apartments is now leasing and accepting applications for residency. More information can be found on their website, www.waxpoolapts.com. Green Street Housing and Good Works have a track record of developing attainable housing projects and prioritize energy efficiency and green-building practices in their developments.
(*) Article Summary: Green Street Housing and Good Works will be hosting a ribbon cutting ceremony for Waxpool Apartments, a new residential development in Ashburn, Virginia. The apartments are aimed at providing affordable housing for hourly-wage workers, teachers, and first responders. Waxpool Apartments is certified by four independent green building programs and features a rooftop solar array. The co-developers, Green Street Housing and Good Works, are proud of this achievement and express excitement about their partnership. The ceremony will take place on March 15, 2024. Waxpool Apartments consists of 52 income-restricted rental units with various amenities and is located near the Ashburn Metrorail Station. The apartments are now leasing and accepting applications for residency. For more information, visit the Waxpool Apartments website.
FAQ Section:
1. What is Waxpool Apartments?
Waxpool Apartments is a new residential development in Ashburn, Virginia aimed at providing affordable housing for hourly-wage workers, teachers, and first responders.
2. How is Waxpool Apartments financed?
The property is financed through various programs, including low-income housing tax credits, bond financing, and grants.
3. What makes Waxpool Apartments unique?
Waxpool Apartments is the first building in Loudoun County to be certified by four independent green building programs, demonstrating its commitment to sustainability. It features a rooftop solar array that will generate enough energy to offset the carbon impact of planting 20,000 trees.
4. Who are the co-developers of Waxpool Apartments?
The co-developers are Green Street Housing and Good Works.
5. What amenities are available at Waxpool Apartments?
Waxpool Apartments offers various amenities, including a playground, basketball court, grilling area, and walking trails.
6. Where is the ribbon cutting ceremony taking place?
The ribbon cutting ceremony will take place at 43815 Oystercatcher Terrace, Ashburn, VA on March 15, 2024.
7. How many rental units are there in Waxpool Apartments?
Waxpool Apartments consists of 52 income-restricted rental units.
8. Is Waxpool Apartments currently accepting applications for residency?
Yes, Waxpool Apartments is now leasing and accepting applications for residency.
Definitions:
– Hourly-wage workers: Individuals who are paid based on an hourly rate for their work, rather than a fixed salary.
– Low-income housing tax credits: A federal tax incentive program that encourages the construction and rehabilitation of affordable rental housing for low-income individuals and families.
– Bond financing: The use of bonds, typically issued by the government or private entities, to raise funds for a specific project or initiative.
– Grants: Financial assistance provided by a government or organization to support a specific project or activity.
Suggested Related Links:
– Waxpool Apartments Official Website
– Green Street Housing Main Website
– Good Works Main Website