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Own an Affordable Home in Alexandria: Introducing Aidan Old Town

Page updated on March 8, 2024 at 4:15 PM

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Own an Affordable Home in Alexandria: Introducing Aidan Old Town

The City is pleased to announce that the Office of Housing will accept applications for seven affordable homeownership units at the Aidan Old Town starting on Friday, March 15 through Monday, April 15. Aidan Old Town is a new 94-unit condominium community located at 701 North Henry Street, Alexandria, VA anticipated to open in August 2024. Five 1-bedroom units (priced at $175,000) and two 2-bedroom units (priced at $225,000) will be available to income-eligible, first-time homebuyers that live or work in the City of Alexandria, VA. One of the two-bedroom units is designed as a handicap accessible unit.

Due to anticipated high demand, eligible homebuyers will be selected through a lottery. Information about the affordable units, application requirements and lottery process, and available downpayment assistance, will be posted at Homebuyer Resources starting on March 15. Please note that applications will not be accepted prior to March 15.

Interested purchasers are encouraged to register for a Virginia Housing first-time homebuyer training. The scheduled English and Spanish trainings are free, however registration is required. The next available training in the city will be held on Saturday, March 16 from 9 a.m. to 3:30 p.m. at the Mount Vernon Recreation Center, 2701 Commonwealth Avenue, Alexandria, VA 22305. Additional trainings can be accessed on Virginia Housing’s website.

If you prefer communication in another language, free interpretation and translation services are available: please email LanguageAccess@alexandriava.gov or call 703.746.3960.

For information on the resources, programs, and services provided by the City of Alexandria Office of Housing, please visit alexandriava.gov/Housing.

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This news release is available at alexandriava.gov/go/5594.

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