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December 10, 2020
Project Will Bring Additional Affordable Family Housing to the City of Alexandria
Alexandria, VA – December 10, 2020: Wesley Housing, City of Alexandria officials, and other project partners gathered on Wednesday, to break ground on The Waypoint at Fairlington, a new affordable housing development that will provide 81 apartments for low- to moderate-income families and individuals in Alexandria.
The ceremony, very limited in attendance to adhere to current statewide COVID-19 restrictions, officially kicked off the construction of The Waypoint. The building offers a mix of efficiencies, one bedrooms, two bedrooms, and three bedrooms, including nine fully accessible ADA compliant apartments. Resident amenities will include free Wi-Fi, on-site laundry facilities, a community room, enhanced public transport accessibility, and access to a playground and park space on a parcel shared with Fairlington Presbyterian Church (FPC) and the Potomac Crescent Waldorf School. The community will be meeting Energy Star green building standards and will be seeking National Green Building Standard (NGBS) Silver Certification.
Photo by Kate K. Pannozzo
The Waypoint received a $7.6 million loan from the City of Alexandria, as well as a commitment of nine project-based unit vouchers, and significant funding from the Virginia Housing Trust Fund (VHTF). The project also received 9% Low-Income Housing Tax Credits (LIHTCs) from Virginia Housing.
“The City is pleased to support another affordable housing development made possible through the partnership of a nonprofit housing entity and a local faith community, which has embraced housing neighbors as part of its mission,” said Mayor Justin Wilson. “Some of the 81-units here will offer deep affordability, and nine of the units will be fully accessible. Projects like The Waypoint embody Alexandria’s values of diversity and inclusion, and its location is ideal for all residents: near public transit, jobs and retail. We are excited to see construction get underway.”
Photo by Kate K. Pannozzo
Located within easy access to Interstate 395 in the walkable Fairlington neighborhood of Alexandria, this new multi-family development will offer households earning between 30 percent and 60 percent of the Area Median Income (AMI), a safe and affordable place to live. Wesley Housing acquired the site, an underutilized parking lot, from the Fairlington Presbyterian Church following more than three years of collaborative visioning with City officials, FPC and the Alexandria community.
“Our church’s mission is to be a transforming force for good in the world in the name of Jesus Christ,” said Pastor Juli Wilson-Black. “We are especially glad in this moment to be able to turn spaces for cars into spaces for people, as the pandemic has made even more evident the chronic housing insecurity that so many of our neighbors live with.”
“Wesley Housing’s founding in 1974 is rooted just across the street from where we stand today,” said Wesley Housing President/CEO, Shelley Murphy. “I’m confident our founder is smiling down on us right now as we begin construction on this new affordable property that many hard working families in our community can soon call home.”
To learn more about the project or to sign-up to receive future leasing information, please visit WesleyHousing.org or TheWaypointALX.com.
About Wesley Housing: Wesley Housing, a leading nonprofit developer in Northern Virginia and the District of Columbia, has been working to provide affordable rental housing for families for more than 45 years. Since its founding, Wesley Housing has emerged as a premier developer of affordable housing. Wesley Housing has acquired or developed 2,300 rental units, providing quality housing for thousands of at-risk individuals and families each year. Wesley Housing supplements housing with supportive services to build up the lives of its residents, including low- and moderate-income families, older adults, and individuals with disabilities and/or chronic disease. For more information, please visit www.wesleyhousing.org and follow @WesleyHousing on social media.
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