Whitefield Commons

About This Building

Title: Transformation of Whitefield Apartments: A Journey of Revitalization and Community Support Introduction: - Formerly known as The Windsor, the Whitefield Apartments have a rich history dating back to their construction in 1944. - In January 1984, a significant milestone was reached when the apartments were purchased for $1 million, marking the beginning of a transformative journey. - This purchase was made possible through the support of Arlington County's Community Development Block Grant (CDBG) and private real estate investors, showcasing a collaborative effort towards positive change. Expansion and Rehabilitation: - Adding further value to the community, two three-bedroom units were thoughtfully incorporated into the apartments' structure. - Spring 1985 witnessed an impressive rehabilitation endeavor that breathed new life into the Whitefield Apartments, with a total cost of $1.347 million. - Through meticulous planning and dedicated efforts, the rehabilitation successfully revived its aging features, ensuring a comfortable living environment for its residents. Establishment of the Whitefield's Community Resource Center: - The year 2001 marked the auspicious establishment of the Whitefield's Community Resource Center, serving as a vital hub for the community. - Guided by a vision of inclusivity and communal growth, this resource center became a cornerstone for fostering strong relationships and empowering residents. Renewed Financing and Commitment: - Realizing the importance of long-term sustainability, Wesley Housing undertook a restructuring of the financing aspects of Whitefield in 2003. - This restructuring showcased Wesley Housing's dedication by buying out its for-profit partner, aligning the apartment complex's objectives solely with community welfare. - In 2004, an admirable payment of $1,155,218 was made to Arlington County, inclusive of $490,000 CDBG funds and $665,218 in accrued interest, further solidifying the commitment to upholding financial responsibilities. Transformation and Enhancement: - Leveraging the Low Income Housing Tax Credit (LIHTC) program in collaboration with The Enterprise Social Investment Corporation, Wesley Housing embarked on a comprehensive rehabilitation project, completed in spring 2005. - This initiative encompassed a wide range of improvements, such as renovated kitchens and bathrooms, upgraded windows and HVAC systems, enhanced exterior brickwork, and improved stairwells and common areas. - As a LIHTC property, the Whitefield Apartments remain committed to providing affordable housing options for a diverse mix of households, ensuring accessibility for families with housing choice vouchers. Partnerships for a Better Community: - Partnering with Bank of America as the construction lender and ESIC as the tax-credit equity partner, Whitefield Apartments fostered collaborations that strengthened the community's welfare. - This collaboration showcased the power of partnerships in ensuring the success of transformative projects, promoting a brighter future for all stakeholders. Conclusion: - The story of Whitefield Apartments exemplifies the remarkable transformation of a historical property. - Through the concerted efforts of various stakeholders, community support, and careful financial planning, the apartments stand as a testament to the profound impact that collaboration and diligence can have on revitalizing a community and providing affordable housing opportunities.