To promote a more diverse community where everyone can live sustainably, HCA works to make Arlington inclusive for all residents through two programs: our Affordable Rental Housing Program and our Homelessness Prevention Program. With the acquisition and redevelopment of 32 units known as Capitol Square Apartments in 2013 and the redevelopment of the Historic Kimball Farmer House in 2016, HCA now owns 93 units of affordable rental housing in Arlington.
As a designated Community Partner, HCA has been allocated $129,615 in state tax credits for the 2017 tax year that are available only to taxpayers making qualified cash investments of $1,000 or more. Unfortunately, investments of less than $1,000.00 do not qualify. Qualified investments include only cash contributions made directly to a Community Partner. Tax credits are issued at a rate of 50% of the qualified investments. For example: a $10,000 donation generates $5,000 in state tax credits.