vpoint Repays Part of Loan

July 19, 2013

vPoint Apartments, an affordable housing complex in Clarendon built on top of a church, has repaid part of its Affordable Housing Investment Fund loan. The repayment was done in dramatic fashion, with representatives of the complex presenting the Arlington County Board with a check for $1.2 million on Tuesday. The apartments, owned by the Views at Clarendon Corporation, opened more than 18 months ago and are currently at capacity, according to Views at Clarendon Chair Jerry Morris. Of the building’s 116 apartments, 70 are affordable units. The project received a total of $13.1 million from the AHIF, according to Views at Clarendon spokeswoman Jill Norcross. (AN)

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