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Arlington Property Converts to Affordable with $47M HUD Loan

Standard Communities has been working toward converting the community from market rate to affordable since acquiring it in 2018. Standard Communities has converted Park Shirlington, a 294-unit apartment community in Arlington, Va., from a market-rate to a long-term affordable property with a $46.6 million HUD-backed loan secured by Walker & Dunlop.

Arlington to buy part of Park Shirlington affordable apartment complex

Arlington to buy part of Park Shirlington affordable apartment complex
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