City of Alexandria, Virginia
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MEMORANDUM
DATE: MAY 7, 2024
TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL
THROUGH: JAMES F. PARAJON, CITY MANAGER /s/
FROM: HELEN S. MCILVAINE, DIRECTOR, OFFICE OF HOUSING
DOCKET TITLE:
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Consideration of a Request from the Alexandria Redevelopment Housing Authority to Establish an Independent Non-Profit Entity, Premier Housing.
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ISSUE: Alexandria Redevelopment and Housing Authority (ARHA) request City Council's approval to form an independent nonprofit entity, Premier Housing.
RECOMMENDATION: That City Council:
1. Approve ARHA's request to establish Premier Housing subject to the City Manager's satisfaction that safeguards described herein regarding Premier Housing's activities, operations and reporting obligations to the ARHA Board and to the City are incorporated in the nonprofit's governing documents, including its articles of incorporation, operating agreement, and bylaws, as appropriate; and
2. Authorize the City Manager to conduct reviews of changes to Premier Housing's organizational documents and/or reports regarding its activities to ensure the nonprofit is performing in ways consistent with the mission of ARHA and subject to the safeguards established herein.
BACKGROUND: ARHA has requested that it be allowed to establish an independent nonprofit entity to support its activities as an affordable housing developer which are currently limited by the U.S. Department of Housing and Urban Development (HUD) regulations related to ARHA's role as a public housing authority (Attachment 1). The practice of public housing authorities establishing separate nonprofit entities has become common, including in Virginia, especially among local housing authorities pursuing development activities and/or offering development and other fee consulting services. It is noted that Premier Housing is proposed to be entirely separate...
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