ABOUT AHDC |
Why is there a need for more affordable housing? Alexandria has lost more than half of its affordable units in the past six years. The current real estate boom has eliminated market incentives to provide moderately priced housing for ownership or rental. Without affordable housing, local businesses and public services can't attract and keep good employees who can live nearby, avoiding long commutes; longtime residents find it hard to remain as rents and property taxes rise; and young people can't afford to live independently as they start out.
Whom does AHDC serve? AHDC's target population is low to moderate income families and individuals with specific income levels driven by the financing tools used in each development project. But having enough affordable housing in the community benefits everyone.
AHDC's History: AHDC was born from a request from then-Councilman William Euille and Councilwoman Joyce Woodson to Alexandria city staff for a plan of action to address the City's affordable housing needs. In April of 2003, Mildrilyn Davis, Director of the Office of Housing, and Phil Sunderland, City Manager, responded with a memorandum detailing the establishment of a new non-profit housing corporation. This plan anticipated city involvement in the creation and initial establishment of the corporation, but without direct oversight of its activities. In January of 2004, the City Council named five incorporators to form the corporation and oversee its initial setup and AHDC was incorporated in May of that same year.
Office Location: AHDC's office is located at 1900 N. Beauregard Street, Suite 10, Alexandria, Virginia.
The Board: AHDC continues to have an active and involved Board of Directors providing management and governance to the organization. Check out AHDC's Team page to find out more about the wealth of expertise, especially in the area of affordable housing development, individual board members and the other members of the team bring to AHDC.
| Alexandria Housing Development Corporation P.O. Box 11494 Alexandria, VA 22312 | 703/578-1835 telephone 703/578-3144 facsimile info@housingalexandria.org |
