City and community leaders gathered Thursday in a vacant East Arlington lot to celebrate the groundbreaking of the Housing Channel's new townhome construction project, Bel Air on Abram.
In response to Arlington Mayor Jeff Williams' appeal for new housing market initiatives in East Arlington, non-profit partner Housing Channel participated in the highly competitive New Markets Tax Credit Program that is to invest in revitalizing neighborhoods overrun with distressed properties and aged housing stock. The Housing Channel was successful in receiving a $5 million allocation for East Arlington to build a mixed-use development that will feature 47 beautiful new townhomes, a community green space, dog park and future commercial frontage along Abram Street.
"What we do is important. It's not just the families who achieve the dream of homeownership that we help. It's their neighbors, it's the community and it's the city," said Housing Channel President Donna VanNess.
Click here to learn more about Bel Air on Abram.
Those attending the groundbreaking ceremony took photos in front of a classic 1955 Bel Air automobile, which was on display in honor of the neighborhood's historic past. Bel Air on Abram is inspired by the history of the eclectic neighborhood developed during the boom of the late 1950s as the General Motors Arlington Assembly Plant first debuted the classic Bel Air automobile.
Housing Channel, formerly Tarrant County Housing Partnership, is a HUD certified 501c(3) housing non-profit organization with CHDO (Community Housing Development Organization) status to address critical housing needs in targeted areas in neighborhoods throughout Tarrant County. The mission of Housing Channel is to revitalize distressed neighborhoods and to increase the amount of quality, affordable housing available to low and moderate income families and individuals with special housing needs. Programs and services include housing development, down payment assistance and housing counseling and financial education. For more information, visit www.housingchannel.org.
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