City of Alexandria, Virginia
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MEMORANDUM
DATE: NOVEMBER 4, 2026
TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL
THROUGH: JAMES F. PARAJON, CITY MANAGER
FROM: ASPASIA XYPOLIA, DIRECTOR, OFFICE OF HOUSING
DOCKET TITLE:
TITLE
Introduction and First Reading. Consideration. Passage on First Reading of an Ordinance to Partially Exempt by Designation from Real Estate Taxes the Property of Community Lodgings, Inc. located at 3910 Elbert Avenue Due to Operation as Affordable Housing. For 2026, the assessed value of real property is $5,290,000 and the property taxes assessed for the property are $60,041.50.
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ISSUE: Consideration of a 30-year partial real estate tax exemption on the incremental increase of the total assessed property value due to the new construction at 3910 Elbert Avenue. The exemption will close the remaining funding gap for Community Lodgings, Inc.’s (CLI) redevelopment of a 28-unit 1940s building into 91 committed affordable homes at or below 60% of Area Median Income (AMI).
RECOMMENDATION: That City Council:
Approve on First Reading and schedule for Public Hearing and Second Reading, and Final Passage on Saturday, November 14, 2026 an ordinance to provide partial exemption from real estate taxes for the property located at 3910 Elbert Avenue (Attachment 2).
Authorize the City Manager to execute a performance agreement, with content not substantially different from that which is outlined in the ordinance and Term Sheet (Attachment 3), in order to preserve and expand the number of committed affordable homes at 3910 Elbert Avenue.
BACKGROUND: Elbert Avenue Apartments, at 3910 Elbert Avenue in the Arlandria-Chirilagua neighborhood, is a three-story garden-style building constructed in the 1940s. It contains 28 apartments and a management office and has housed low-income Alexandria households for decades. CLI, a Virginia nonprofit and 501(c)(3) orga...
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