City of Alexandria, Virginia
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MEMORANDUM
DATE: FEBRUARY 7, 2023
TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL
THROUGH: JAMES F. PARAJON, CITY MANAGER /s/
FROM: HELEN MCILVAINE, DIRECTOR, OFFICE OF HOUSING
DOCKET TITLE:
TITLE
Consideration of a Request for a City Housing Opportunities Fund Loan of $1 Million to Alexandria Redevelopment and Housing Authority for the Samuel Madden Redevelopment Project.
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ISSUE: Consideration of a request from Alexandria Redevelopment and Housing Authority (ARHA) for a City Loan of $1 million for the Samuel Madden Redevelopment Project (Attachment 1).
RECOMMENDATION: That City Council:
1. Approve ARHA's loan request for $1 million for the Samuel Madden Redevelopment Project; and
2. Authorize the City Manager to execute the loan agreement and such documents as may be necessary to document Alexandria's support for ARHA's Low-Income Housing Tax Credit application for the Samuel Madden Redevelopment Project.
BACKGROUND: The Alexandria Redevelopment and Housing Authority has requested $1 million to support its proposal to redevelop Samuel Madden Homes, a garden-style apartment community comprised of sixty-six public housing units built in 1945 to serve as housing for African American defense workers during World War II. The buildings were subsequently sold to the housing authority.
Last year ARHA entered a partnership with Fairstead, Millcreek Residential, and The Communities Group to redevelop Samuel Madden Homes into a mixed-income, mixed-use development across two buildings that includes 532 apartments, ground floor retail, an ALIVE! Food Hub, as well as a preschool operated by Hopkins House Preschool Academies (Attachment 2). The units at Samuel Madden will be affordable to households earning between 30% to 80% of the Area Median Income (AMI), along with market-rate units (Attachment 3). The partnership has submitt...
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