For decades the Murraygate Village Apartments has been a cornerstone for affordable housing community along the historic Richmond Highway Corridor and has provided homes to thousands of low- and middle-income individuals and families over the years. On Sept. 2, 2021, the Fairfax County Redevelopment and Housing Authority (FCRHA) and the Fairfax County Board of Supervisors celebrated the completion of a renovation/modernization project which has given the 50-year-old community a new lease on life and the promise of serving low-income households for years to come.
From December 2018 to December 2020, the FCRHA and Fairfax County undertook a renovation/modernization project to provide needed upgrades to mechanical, electrical, and plumbing systems. The project incorporated interior improvements as well, including new appliances, cabinetry, flooring, and refurbishing kitchens and bathrooms. The phased project progressed building-by-building in order to ensure the entire community would not need to be vacated during the construction period. Funding for the project included:
- Four percent low-income Housing tax credit equity
- Issuance of FCRHA tax-exempt revenue bonds
- Short-term FHA loan
- $8.9 million in local funding
“This was an extraordinary team effort,” said FCRHA Chairman Melissa McKenna. “From managing the relocations of residents and compiling the financing plan to navigating all the complexities and challenges that come with renovating a 50-year-old building, our project team produced an exceptional result. This work will serve as a model as the FCRHA continues to invest in the ongoing development and preservation of affordable housing in every area of Fairfax County.”