City of Alexandria, Virginia
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MEMORANDUM
DATE: JUNE 20, 2018
TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL
FROM: MARK B. JINKS, CITY MANAGER /s/
DOCKET TITLE:
TITLE
Consideration of a Request to Approve a Resolution Designating the Bellefonte Apartments Site a Revitalization Area. [ROLL-CALL VOTE]
BODY
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ISSUE: Approval of designation of the Bellefonte Apartments site as a Revitalization Area in support of an application for low income housing tax credits to refinance and renovate the property.
RECOMMENDATION: That City Council:
(a) Approve a resolution designating the Bellefonte Apartments site a Revitalization Area pursuant to Section 36-55.30:2A of the Virginia Code; and
(b) Authorize the City Manager to execute documents related to the tax credit application and the refinancing plan, including a letter of support.
BACKGROUND: The Bellefonte Apartments, located at 417 E. Bellefonte Avenue, is a 12-unit apartment complex owned by Sheltered Homes of Alexandria (SHA), a local nonprofit entity. Built in 1972, the Bellefonte Apartments provide quality housing for Alexandria residents with intellectual and developmental disabilities with the support of a Section 8 Housing Assistance Payment (HAP) Contract. The HAP contract subsidizes the difference between what the property's low-income residents can afford to pay and market rate rents.
The 12 apartments that comprise Bellefonte are located in two garden-style buildings. Each unit consists of a bedroom, bathroom, kitchen and living room, and includes a washer and dryer. Several residents have lived at the property for many years. In addition to the two multifamily buildings, there is a single-family home on the property which is operated as a group home for other adults with intellectual and developmental disabilities. The buildings share green space and a 14-space surface parking lot accessed from E. Du...
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