City of Alexandria Provides Pre-Development Funding for New, Affordable Housing Development
The City of Alexandria approved $250,000 in pre-development funds to move forward with AHC to build a 77-unit affordable apartment complex at the intersection of East Reed Avenue and Jefferson Davis Highway (Route 1). The building will include one, two and three-bedroom apartments and serve families earning 60% or less of the area median income (AMI). A final plan will be submitted to the City at the end of 2012.