tag:blogger.com,1999:blog-22305958.post680938326144630226..comments2024-03-25T18:50:15.135-04:00Comments on DCmud - The Urban Real Estate Digest of Washington DC: Arlington's Westover Apartments on Schedule for RenovationKenhttp://www.blogger.com/profile/08295461340042242438noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-22305958.post-76163084601699316732009-03-26T12:35:00.000-04:002009-03-26T12:35:00.000-04:00AHC is a slum landlord--allowing overcrowding, unb...AHC is a slum landlord--allowing overcrowding, unbearable noise, fails to honor maintenance requests, and has surly, incompetent staaff.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-26787296816238035572008-04-03T12:06:00.000-04:002008-04-03T12:06:00.000-04:00What this article does not say is that if the owne...What this article does not say is that if the owners went ahead and demolished a large portion of this very cohesive complex of residential buildings, they would be ineligible for valuable tax credits available for eligible historic properties, including Westover. These credits, offered by both the Commonwealth of Virginia and the Federal Government, are an integral component of the project's financing. FYI, VA offers a 25% state tax credit and the Fed's a 20% federal tax credit on rehabilitation costs of the historic buildings proper; the costs of any site improvements or new construction are not eligible.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-76440193515945886992008-03-20T12:17:00.000-04:002008-03-20T12:17:00.000-04:00Anonymous: Please read the last paragraph, that I ...Anonymous: Please read the last paragraph, that I just added, which should answer your question.<BR/><BR/>In case you were wondering, the 'astute reader' that I refer to, is you...<BR/><BR/><BR/>Thanks for keeping us on our toes.Davidhttps://www.blogger.com/profile/02040067177049546575noreply@blogger.comtag:blogger.com,1999:blog-22305958.post-25325837604261022212008-03-19T16:30:00.000-04:002008-03-19T16:30:00.000-04:00now, what about the people that live there? will ...now, what about the people that live there? will they be emptying the entire complex and then getting all new renters (at the requisite ridiculously high rents warranted after a renovation)? or are they going to work around the current tenants, and then raise their rents?<BR/><BR/>this article is great in explaining the renovation plan, but speaks nothing of the human aspect. i bet there are tons of families who live there because the apartments are 'affordable' for the region. put another hash mark in for the developers making life just a little harder for those just managing to scrape by.<BR/><BR/><I>(and for the record, i have a good job, make a decent salary, and found i couldn't even qualify to rent an apartment at Section 8 prices. instead, i've got four roommates. there are plenty of people our area making way less than me - what are they to do?)</I>Anonymousnoreply@blogger.com