April 18, 2016 – City of Alexandria officials, project partners and residents joined AHC Inc. to celebrate the official grand opening of Jackson Crossing, a new affordable apartment building in Alexandria, VA on Saturday, April 16.
Developed by AHC Inc., a regional affordable housing developer based in Arlington, VA, the rental community is home to 78 families with incomes at or below 60% of the Area Median Income (approximately $65,000 annually for a four-person household).
“Jackson Crossing is AHC’s first affordable apartment community in Alexandria,” said Walter D. Webdale, AHC President and CEO. “With 40 years of experience developing affordable housing in the region, AHC is delighted to partner with Alexandria and is looking forward to opening at least two more projects in the City in the next few years.”
Jackson Crossing has 14 one-bedrooms, 51 two-bedrooms, and 13 three-bedroom apartments. Five of the apartments are ADA accessible. The apartment community includes a 750-square-foot community room where programs and services are offered for residents, underground parking and a 700-square-foot roof terrace. The building includes many green features, is EarthCraft certified, and provides 25% higher energy efficiency than typical standards.
The property’s location, across the street from Potomac Yard and steps away from DASH, Metroway/bus rapid transit and Metro options, adds to the desirability of the apartments. Market-rate condominiums and town homes are across the street and the Capitol dome is visible in the distance.
“The City values its partnership with AHC and is very pleased to be celebrating the addition of 78 new affordable homes at Jackson Crossing in such an amenity-rich area,” said City of Alexandria Mayor Allison Silberberg.
More than 500 people were on a waiting list when the apartments opened. Today’s residents are a diverse group of people from all walks of life, including senior citizens, veterans, a former teacher’s aide, a bus driver, flight attendants and families with children of all ages.
The Alexandria City Council approved the affordable housing project in 2013. The city loaned $2.5 million to AHC and also transferred a city-owned parcel of land to AHC for the project. Six adjacent parcels assembled by AHC make up the rest of the site.
Jackson Crossing was designed by Bonstra|Haresign Architects and built by Harkins Builders Inc. It was financed by loans from Capital One Bank, the City of Alexandria, Low Income Investment Fund (LIIF), NeighborWorks America, AHC Inc., and 9% Low-Income Housing Tax Credit equity from Hudson Housing Capital issued by the Virginia Housing Development Authority (VHDA).
Photo caption: City of Alexandria officials, including Mayor Allison Silberberg and City Council members, AHC staff, project partners, and residents cut the ribbon at Jackson Crossing, 78 new affordable apartments in Alexandria, VA, on Saturday, April 16. (Photo by John Dawson, Harkins Builders)
Founded in 1975, AHC Inc. is a nonprofit developer of affordable housing in the mid-Atlantic region that provides quality homes and education programs for low- and moderate-income families. Based in Arlington, VA, AHC has developed more than 7,000 apartment units in 52 properties in Virginia and Maryland. AHC’s Resident Services program reaches 2,000 children, teens, adults and seniors each year through onsite education programs and activities.