Affordable Housing Policy
Administration division works on affordable housing policy through the
development and implementation of the Housing Master
Plan and Consolidated
Plan for Housing and Community Development. The division is responsible for
the Administration of the City's Community
Development Block Grant (CDBG) and Home
Investment Partnerships (HOME) funds from the U.S.
Department of Housing and Urban Development.
Compliance and Regulation
is responsible for local compliance with federal, state and local rules and
regulations governing housing and community development activities and
administration of the City's Housing Trust Fund (HTF). They also monitor
private-sector participation in affordable housing programs, and administration
of City fiscal affairs pertaining to housing falls.
Development and Preservation of Affordable
works with non-profit and private developers to develop structure and finance
projects that include significant components of affordable housing.
Additionally, staff works closely with other City departments to review
development proposals, including affordable housing plans that will yield
set-aside affordable units and/or voluntary monetary contributions pledged by
developers to the HTF and provide staff support to the Affordable Housing
Affordable Housing Contributions for New Construction
Housing Opportunities Fund (HOF) - Application Guidelines and HOF Checklist and Certification
Policies and City Codes
Current Affordable Housing Projects
Lynhaven Substantial Rehabilitation. The Lynhaven Apartments, owned by Wesley Housing Development, consists of 28 units and will be undergoing substantial rehabilitation. In September of 2013, Alexandria City Council approved a loan consisting of federal HOME dollars along with matching local dollars for the substantial rehabilitation of the property. In addition to the City’s loan, Wesley Housing will be using tax exempt bond financing along with 4% Low Income Housing Tax Credits to complete the renovation. All 28 units at the Lynhaven project will be preserved for households below 60% AMI with half reserved for households at or below 50% AMI. Construction is scheduled to begin in June 2014 and will take approximately one year to complete.
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 has begun and is anticipated to be completed in FY 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 has secured tax exempt bonds and 4% Low Income Housing Tax Credits for the renovation of all 74 units. Renovation of the units has started and is scheduled for completion in FY 2015.
Giant at Potomac Yard. The Giant at Potomac Yard mixed-use development, located at 2801 Main Line Boulevard, consists of 253 dwelling units and new 70,000 ft2. The City permitted the developer to use the bonus density provisions of the City’s zoning code, which allowed for the inclusion of 12 dedicated affordable rental units within the project, including two 3 bedroom units. The project is currently under construction and is anticipated to be completed in FY 2015.
Potomac Yard Landby J. The project is located at 1800 Main Line Boulevard at the south end of Potomac Yard. The developer proposes to construct a mixed-use development containing 183 dwelling units and approximately 2,500 ft2. of ground floor retail. The project includes 8 affordable set aside units, including three 3-bedroom units. The project is currently under construction and is anticipated to be completed during FY 2015.
Braddock Metro Place. The Braddock Metro Place is located at 1261 Madison Street directly adjacent to the Braddock Road Metro Station. The project is currently under construction and is anticipated to be completed in FY 2015. After completion, the project will consist of 165 residential units, which 10 will be affordable to households at 60 percent of the area median income (AMI).
Beauregard. The City approved the rezoning for the parcels within the Beauregard Plan Area in April 2013. It is anticipated that the first Development Special Use Permit (DSUP) may be approved in the spring of 2014, paving the way for demolition and new construction beginning in FY 2015. During this period, current Plan area residents will be surveyed to establish their preliminary status with regard to eligibility for committed affordable housing units. The final eligibility determinations for residents covered by the first approved DSUP may begin toward the end of the FY 2014. The Beauregard Fund will have a total of $4M ($2.4 in HTF and $1.6M in Bonds) available to fund replacement housing for displaced households.