ARLINGTON, VA – February 16, 2011 – (RealEstateRama) — The Arlington County Board today approved a $6.38 million Affordable Housing Investment Fund (AHIF) loan to help the Community Preservation for Development Corporation (CPDC), a non-profit organization, purchase and renovate Howard Manor Apartments. CPDC has agreed to keep the units affordable for moderate and low-income tenants for up to 60 years.
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