A nonprofit organization and for-profit real estate development company are getting in position to acquire Reston’s Colvin Woods apartments.
The Fairfax County Board of Supervisors unanimously approved a plan yesterday (Tuesday) for the Fairfax County Redevelopment and Housing Authority to issue a $15 million loan to the joint venture between AHC Inc., a community-based housing development organization in Arlington, and Insight Property Group, a private real estate development company.
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