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Washington DC & Mid-Atlantic  + DC Metro  + Apartments  | 

Loudoun Approves First All-Affordable MF Through Fast-Track Pilot 

Loudoun County has approved rezoning for an affordable multifamily housing project, aiming to expedite review processes for attainable homes, Washington Business Journal reported. This project, developed by Good Works LP, will feature 80 below-market rate units on 3.1 acres in Sterling, near Atlantic Boulevard and Magnolia Road, adjacent to Northrop Grumman’s campus.  

“This is the first time we have ever done a fast-track legislative approval, and we did it specifically to get the attention of the development community and say, ‘If you give us a good application and you meet these criteria on this checklist you’re eligible,’” Ashburn District Supervisor Mike Turner said in an interview. 

The four-story, 106,000-square-foot building will include surface parking. Estimated to cost $27 million, the development benefits from Loudoun’s pilot fast-track program, reducing the typical 12-16 month rezoning approval to six months. Construction is expected to start in 2025, pending site plan approvals and securing funding through tax credits and a county loan. 

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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.