'Your papers, please' must never be heard in America
Independent voices from the TWT Communities
The bulk of new affordable housing to be part of the massive Tysons Corner redevelopment plan is slated for households making six figures — or close to it — according to an analysis to be unveiled Wednesday.
Fairfax County lost about $2.4 million on a Reston housing complex that went into foreclosure several years ago - news that was not formally relayed to the county's Board of Supervisors until this year.
"The future success of Tysons Corner is not guaranteed, and we need to be careful we do not price it out of existence," Mr. Herrity said.
But despite the goal of incentivizing people to live near where they work, Mr. Herrity said more than 70 percent of the people slated to work in Tysons would not be living there.