Breakfast links: All-affordable “Flatiron” building in NoMa secures financing
A rendering of the proposed construction at 301 Florida Avenue NE
Developers secure financing to construct NoMa “Flatiron” apartment building
Marshall Heights Community Development Organization and The NRP Group partnered to secure funding for the construction of an all-affordable, 115-unit apartment building at 301 Florida Avenue NE. Half of the units will be for residents making at or below 50% median family income, and the other half will be for those making up to 30% median family income. (Emily Wishingrad / BisNow)
EPA awards nearly $1 million in environmental justice grant funding to Arlington
Arlington plans to use the grant to develop an open-access tool that models energy efficiency upgrades in building types commonly found in low-income disadvantaged communities. The project aims to improve energy efficiency and maximize cost savings in these buildings. (Daniel Egitto / ARLNow)
Montgomery County takes on enforcement of new rent stabilization law
County officials sent draft regulations to the Montgomery County Council on June 14, detailing enforcement mechanisms for a rent stabilization law that passed last year. The Department of Housing and Community Affairs has worked to develop this proposal over the last year, fielding 350 pages of recommendations as part of the process. The first hearing on the proposed regulations will be in July. (This article may be behind a paywall). (Katie Shepherd / Post)
Fairfax County redistributes its funds meant to establish a “green bank”
The funds will be redirected toward Electrify Fairfax, a pilot program that will hire contractors to advise residents who are considering installing solar panels or switching appliances from gas to electric. The county first explored establishing a green bank three years ago, but the Fairfax County Board of Supervisors decided that outreach and education would do more to help the county achieve its climate goals than financing green energy projects. (This article is behind a paywall). (Adam Hudacek / Business Journal)
Large Golden Triangle office building goes into foreclosure
The 10-story Liberty Building will be up for foreclosure auction on July 25. The building is currently 38% vacant and hosts an advertising agency, telecom provider, and satellite service provider. (This article is behind a paywall). (Ben Peters / Business Journal)
MoCo launched automated rooftop solar system permitting system
The Montgomery County Department of Permitting Services launched the new system, “eSolar,” which combines the building and electrical permit processes for solar panels into a single app for licensed contractors and approved residential buildings to use. The system will automatically review applications to reduce delays. (Avery Wang / MYMCM)
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