Legislation Details

File #: 26-0845    Name:
Type: Written Report Status: Agenda Ready
File created: 4/2/2026 In control: City Council Legislative Meeting
On agenda: 4/28/2026 Final action:
Title: Consideration of a Resolution Authorizing the Issuance of Revenue Bonds by the Alexandria Redevelopment Housing Authority (ARHA) for the Rehabilitation of The Ladrey Project.
Attachments: 1. 26-0485_Attachment 1 - Resolution for ARHA Revenue Bonds for The Ladrey, 2. 26-0845_Attachment 2 - Developer’s Presentation regarding The Ladrey, 3. 26-0845_Attachment 3 - ARHA 2026 Notice of Public Hearing for 300 Wythe Street, 4. 26-0845_Attachment 4 - Resolution for Approval of Issuance of Bond for The Ladrey
City of Alexandria, Virginia
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MEMORANDUM



DATE: APRIL 23, 2026

TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL

THROUGH: JAMES F. PARAJON, CITY MANAGER

FROM: HELEN S. MCILVAINE, DIRECTOR, OFFICE OF HOUSING

DOCKET TITLE:
TITLE
Consideration of a Resolution Authorizing the Issuance of Revenue Bonds by the Alexandria Redevelopment Housing Authority (ARHA) for the Rehabilitation of The Ladrey Project.
BODY
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ISSUE: Consideration of a Resolution authorizing the issuance of revenue bonds by the Alexandria Redevelopment and Housing Authority (ARHA) in an amount not to exceed $20,000,000 to Ladrey Rehab LLC to rehabilitate the 11-story building, The Ladrey, located at 300 Wythe Street in the City of Alexandria, Virginia.

RECOMMENDATION: That City Council receive and adopt the attached Resolution (Attachment 1), as recommended by ARHA.

BACKGROUND: The goal of The Ladrey project is to preserve deeply affordable senior housing while achieving high-quality spaces and amenities for residents. The project will result in the preservation of housing for 159 senior and disabled households. The building redesign will eliminate existing studio units and introduce 10 two-bedroom, two-bath units to accommodate live-in aides. There will also be the addition of 17 fully accessible units, significantly exceeding the 5% minimum accessibility requirement. New one-bedroom units will be added within the underutilized elevator lobby space. The building design will accommodate residents that wish to return.

The ground floor will also be redesigned to include attractive and flexible resident amenities, a security desk, and management offices with a direct view of the entrance, as well as a clear path and line of sight from the entrance to the courtyard. A new lounge on the 11th floor will provide additional amenity space and highlight views of the Potomac River and surrounding areas.
The developer...

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