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Current Non-Profit Affordable Housing Projects
St. James Plaza. St. James Plaza (previously referred to as the Fillmore) is a 93-unit affordable project on Fillmore Avenue north of North Beauregard Street. The City approved a loan of up to $5.7 million to the developer, AHC, Inc., from the City's Housing Opportunity Fund in January 2015 to help fund the purchase of the land and the construction of the affordable project. AHC also secured conventional financing and $19 million in low-income housing tax credit equity. The project is slated to open in April 2018. Click here to watch development progress on the site! New! To learn about leasing opportunities, click here.
Gateway Apartments. Gateway Apartments is a 74-unit affordable project within the Gateway at King and Beauregard, a three-building mixed-use development with approximately 618,000 gross square feet of residential, retail, and office uses. The City approved a loan of up to $5.5 million to the nonprofit developer of the affordable project, AHDC, from the City's Housing Opportunity Fund in November 2015; this included a $350,000 predevelopment loan (approved in June 2015). The City's financial support has enabled AHDC to broaden the affordability levels within the project. Eight units will be affordable to households at 40% of the area median income (AMI), 29 will be affordable to households at 50% AMI, and 37 will be affordable to households at 60% AMI. 84% of the units will be family-sized with two to three bedrooms, and 10 percent will be accessible. The building will be affordable for 60 years. As part of its financing package, AHDC applied and was awarded low-income housing tax credit equity during the 2016 tax credit cycle. The project is under construction and slated to be completed in early 2019.
Carpenter's Shelter. The Alexandria Housing Development Corporation (AHDC) and the Carpenter’s Shelter are working together to construct a modern shelter facility and 97 new affordable rental units. The ground-floor shelter facility will include space for day programs offered to shelter clients and related administrative and case management space, in addition to sleeping accommodations. The rental units will be affordable to households earning between 40% and 60% of the area median income (which ranged from $30,440 for a household of one to $65,160 for a household of four in 2016). 10 of the units will serve as permanent supportive housing with deeply affordable rents and case management services to help shelter residents transition into permanent housing. Along with the development application, City Council approved in December 2016 a rental subsidy grant program of $250,000 to make 10 units deeply affordable and a loan of up to $7.1 million to help with the construction of the affordable rental housing. Each dollar of the City's investment in the project is anticipated to leverage five dollars in public and private funding. The Carpenter’s Shelter redevelopment project meets several important Housing Master Plan goals, including supporting partnerships with and among non-profits, providing family-sized and accessible units, and locating affordable housing close to transit, jobs, and amenities. New! In May 2017 AHDC qualified for low-income housing tax credit equity financing and is now actively pursuing state and federal grants.
Ramsey Homes. The Alexandria Redevelopment and Housing Authority (ARHA) plans to redevelop the existing 15 public housing units at Ramsey Homes into a new four-story 52-unit mixed-income community through its development entity, Virginia Housing Development LLC. The project includes 15 new replacement rental units affordable to households earning up to 30% of the area median income (AMI) (which ranged from $22,850 for a household of one to $32,600 for a household of four in 2016) and 37 new units affordable to households earning up to 50% and 60% AMI. In February 2017 City Council approved a loan of up to $2.0 million to pay for required offsite infrastructure improvements and other amenities; the loan is funded from proceeds of ARHA’s repayment of the City’s 2008 Glebe Park loan. New! In May 2017 ARHA qualified for low-income housing tax credit equity to help finance the redevelopment.
Lacy Court. Lacy Court is a 44-unit garden-style apartment complex in the Del Ray neighborhood; 18 of the rental units are affordable to households earning at or below 50% of the area median income (AMI) (which ranged from $38,650 for a 1-person household to $55,150 for a 4-person household in 2017), with the remaining 26 units affordable at 60% AMI (which ranges from $46,380 for a 1-person household to $66,180 for a 4-person household in 2017). The City provided Housing Opportunities Fund loans to RPJ Housing to acquire the property, along with Arbelo and Longview Terrace Apartments, in 2007 and 2009 to preserve the units as dedicated affordable housing. The property was subsequently transferred to the Alexandria Housing Development Corporation (AHDC). Despite being constructed in the early 1950's, Lacy Court has never undergone substantial renovations. In May 2017 AHDC qualified for low-income housing tax credit equity to help finance the replacement of/upgrades to all building systems, including roofs; upgrades to unit interiors, including kitchens and bathrooms; improvements of hallways and common areas, as well as exterior enhancements and landscaping. City Council approved AHDC's refinancing plan in January 2017. A relocation plan has been developed in coordination with the City to address the housing needs of current residents. Renovation is anticipated to commence in early Spring 2018.
Church of the Resurrection. AHC proposes to construct an approximately 114-unit affordable housing project in partnership with the Episcopal Church of the Resurrection, located at 2280 North Beauregard Street. The project, one of three City-sponsored “leveraged” projects
envisioned by its 2012 Beauregard Small Area Plan, will help the City fulfill its pledge to work with nonprofits and private developers to deliver
800 long-term committed affordable units in the Beauregard Corridor over the
next few decades to address the potential loss of market affordable units in
that area of the City. The proposed units will serve households earning between 40% and 60% of the area median income (AMI) which in 2017 ranges from $30,920 for a 1-person household at 40% AMI to $66,180 for a 4-person household at 60% AMI. The project will also include 12 accessible units. As part of the redevelopment, the Church will construct a new smaller building on the southern portion of the site. Underground parking is planned to serve residents of the affordable building; site improvements will include a landscaped terrace, community room, and streetscape improvements. In 2015 City Council approved a predevelopment loan to assist AHC to complete transportation and infrastructure studies and design work identified by city staff. New! Along with the development and rezoning applications, in January 2018 City Council approved a rental subsidy grant program of $350,000 to make 12 units deeply affordable and a loan of up to $9.0 million to help with the construction of the affordable rental housing. AHC will apply for low income housing tax credit financing in March as part of a competitive application process administered by VHDA, the state housing financing agency. If successful, the affordable housing building is slated to start construction in late 2018.
PROJECTS UNDER REVIEW
Fairlington Presbyterian. Wesley Housing, an established non-profit affordable housing developer with several properties in Alexandria, proposes to construct a 75-81-unit affordable housing project on a portion of the property that is currently part of Fairlington Presbyterian Church, located at 3846 King Street. The project, which is still in the early stages of concept development, would provide housing affordable at 50% and 60% of the area median income (AMI) which in 2017 ranges from $38,650 for a 1-person household at 50% AMI to $66,180 for a 4-person household at 60% AMI. The Church and the Potomac Crescent Waldorf School will continue to operate on the site. Underground parking is planned to serve residents of the affordable building; site improvements will include enhanced landscaping and updates to the existing playground. A second community meeting will be scheduled this fall to discuss feedback received to date (the project is tentatively scheduled to go to public hearing in the fall of 2018). In June 2017 City Council approved a predevelopment loan of up to $400,000 to Wesley Housing to assist the developer to complete transportation and infrastructure studies and design work identified by city staff and the community. To learn more about the project and provide feedback to Wesley Housing, click here. For planning and zoning-related questions, contact Sara Brandt-Vorel at 703-746-3819 or Sara.BrandtVorel@alexandriava.gov. To learn about why affordable housing is important to the city, please click here.
Recently Approved Market-Rate Projects with Affordable Units
ABC/Giant Edens Project. This project is redeveloping the site of the former ABC and Giant stores in Old Town North into a mixed-use development with approximately 51,272 square feet of retail and 232 residential units. The developer is providing nine dedicated affordable rental units (seven studios and two 1-bedroom units). The project in anticipated to be completed in 2018.
2901 Eisenhower Avenue Project. This project, located on a 9-acre site at 2901 and 2775 Eisenhower Avenue, comprises two multifamily residential tower buildings with approximately 533 units, 9,000 square feet of retail, and 67 townhouses. The project is utilizing Section 7-700 of the City's Zoning Ordinance to secure additional density in exchange for 21 rental units affordable to households with incomes at or below 60% AMI. In addition to the affordable set-aside units, the developer will make a $2.2 million contribution to the City's Housing Trust Fund. Phase I of this project is currently under construction.
Braddock Gateway Phase II Project. This project is redeveloping 1050 and 1100 N. Fayette Street into a mixed-use development with approximately 8,000 square feet of retail and 258 residential units. The developer is providing four dedicated affordable rental units (two 1-bedroom units and two 2-bedrooms units) in addition to a $920,000 contribution to the City's Housing Trust Fund. The project was approved by City Council in June 2017.
Potomac Yard Landbay H/I Project. This project is developing the lot at 2501 Main Line Boulevard into a 138 residential condominium development. The developer is providing nine affordable homeownership units (five 1-bedroom and four 2-bedrooms units) in addition to a $315,000 contribution to the City's Housing Trust Fund to assist, as needed, with downpayment and closing cost assistance. The units will be affordable to households with incomes between approximately 70% and 100% of the area median income which equates to $60,050 and $88,300 for a household of two, respectively (Source: HUD, 2017). The units will remain affordable for a 40-year period with equity sharing enforced through deeds of covenant. This project presents a rare opportunity to add affordable homeownership units in the Potomac Yard area and helps to replenish some of the city’s "first generation" set-aside homes whose affordability covenants have expired. The project was approved by City Council in October 2017.
Recently Completed Projects
NON-PROFIT AFFORDABLE HOUSING PARTNERSHIPS
Community Lodgings. Community Lodgings Inc (CLI), in partnership with HomeAid Northern Virginia and four local homebuilders, recently completed the renovation of seven housing units that provide critical transitional and affordable housing for families getting out of homelessness. The 75-year-old property at 607 Notabene Drive required substantial interior and exterior improvements, including new windows and doors, an HVAC system replacement, an electrical and plumbing upgrade, unit modernization, common area updates, and new flooring. This 2017 renovation also updated the onsite Learning Center enabling families to take advantage of after school and youth mentoring programs, daily nutritious meals, and computer and English as a Second Language classes. A City CDBG-funded no-interest Housing Opportunity Fund loan, in conjunction with short-term financing from the Virginia Housing Development Authority and permanent financing from BB&T, leveraged substantial support from HomeAid and its partners who provided discounted services and materials.
The consortium of four local homebuilders convened by HomeAid consisted of Brookfield Residential, Evergreene Homes, M/I Homes, and Richmond American Homes. Each unit was fully furnished thanks to a special partnership with Staged Interior.
Lynhaven Apartments. The refinancing and renovation of Lynhaven Apartments is one of three Virginia success stories featured in the National Low Income Housing Coalition's Annual Report released in early March. To read the full report, click here.
Lynhaven Apartments, owned by Wesley Housing Development Corporation, has undergone substantial interior and exterior rehabilitation. In September of 2013, the City Council approved a loan consisting of federal HOME dollars along with matching local dollars for the rehabilitation of the 28-unit property. In addition to the City’s $1.078 million loan, Wesley Housing used tax-exempt bond financing along with 4% Low Income Housing Tax Credits to complete the renovation and preserve the affordability of the units for households earning up to 60% of the area median income (AMI) with half reserved for households at or below 50% of AMI. The rehabilitation comprised the replacement of all kitchens, bathrooms, flooring, and heating and cooling systems and exterior renovations to the façade, doors, windows, and roof. Wesley Housing celebrated the completed rehabilitation with a “dedication and dessert” event on July 26, 2016. Special City guests included City Council members Del Pepper and Willie Bailey, Vice Mayor Wilson, City Manager Mark Jinks and Deputy City Manager Emily Baker, as well as many residents and community members. Vice Mayor Wilson offered remarks emphasizing the importance of affordable housing preservation as a City priority and Housing Master Plan goal.
Jackson Crossing. During FY 2013, the City approved $2.5 million in funding along with a city-owned parcel for the development of a 78-unit affordable housing property to be built by AHC Inc. at the corner of East Reed Avenue and Jefferson Davis Highway. A Development Special Use Permit was also approved by City Council, and Virginia Housing Development Authority (VHDA) approved a tax application. The project was completed in December 2015.
Arbelo and Longview Terrace Apartments. The Arbelo and Longview Terrace Apartments are garden style apartments in Alexandria, consisting of 74 units. The City provided Housing Opportunities Fund loans to RPJ Housing to acquire the properties in 2007 and 2009 to preserve the units as dedicated affordable housing. The properties were subsequently transferred to the Alexandria Housing Development Corporation (AHDC). AHDC secured tax exempt bonds and 4% Low Income Housing Tax Credits for the renovation of all 74 units. Renovation of the units was completed in 2015.
MARKET-RATE PROJECTS WITH AFFORDABLE UNITS
The Thornton. This project is redeveloping the former Hunting Terrace Apartments along South Washington Street into a 443-unit residential rental community. In exchange for the use of bonus density, the developer is providing 24 dedicated affordable rental units (14 studios and ten 1-bedroom units). In addition to the affordable set-aside units, the developer will make a $553,681 contribution to the City's Housing Trust Fund. The project opened in March 2018.
Notch 8. Notch 8 (also referred to as the Giant site at Potomac Yard) is a mixed-use development located at 2801 Main Line Boulevard. The City permitted the developer to use the bonus density provisions of the City’s zoning code, which created 12 dedicated affordable rental units (including two 3-bedroom units) within the 253-unit building. The project was completed in 2015.
Station 650 at Potomac Yard. Station 650 (also referred to as Potomac Yard Landbay J), located at 1800 Main Line Boulevard at the south end of Potomac Yard, is a mixed-use development containing 183 dwelling units and approximately 2,500 square feet of ground floor retail. The City permitted the developer to use the bonus density provisions of the City’s zoning code, which created eight dedicated affordable rental units (including three 3-bedroom units) within the 253-unit building. The project was completed in 2015.
The Bradley. The Bradley (previously referred to as Braddock Metro Place) is located at 1261 Madison Street across from the Braddock Road Metro Station. The City permitted the developer to use the bonus height provisions of the City’s zoning code, which created ten dedicated affordable rental units within the 165-unit building. The project was completed in 2015.
Parc Meridian at Eisenhower Station. Parc Meridian is located at 750 Port Street in Eisenhower East. The City permitted the developer to use the bonus density provisions of the City’s zoning code, which created 33 dedicated affordable rental units (including six 2-bedroom units) within the 505-unit building. The project was completed in 2016.
Affordable Housing Partners
- Alexandria Redevelopment and Housing Authority (ARHA)
- U.S. Department of Housing and Urban Development (HUD)
- Virginia Department of Housing and Community Development (DHCD)
- Virginia Housing Development Authority (VHDA)
Non Profit Organizations
- AHC Inc.
- Alexandria Housing Development Corporation (AHDC)
- Carpenter's Shelter
- Community Lodgings, Inc. (CLI)
- Habitat for Humanity of Northern Virginia
- Rebuilding Together Alexandria
- Wesley Housing Development Corporation