8-story, 113-unit development reserved for families earning between 40-60% of the AMI. The project also include 12 accessible units. As part of the redevelopment, the Church constructed a new smaller building on the southern portion of the site; 5,000 square feet for the church funded by the ground Lease. The new 5,000 square foot church was designed to meet the community’s worship and programming needs and includes a 1400-sf worship space, the Nave, with sloped ceilings from 20 feet to 32 feet high, an adjoining Sacristy; a multipurpose gathering space, the Parish Hall, with a 16-foot-high ceiling; a Nursery/Classroom; a residential-grade kitchen and food storage pantry; two offices; restrooms and miscellaneous storage and mechanical spaces. Leased for 65-years.
Project Size: 50+ Units
Completed: 2021
Cost: $45000000
Location: Alexandria, VA
Affordable Housing and Shelter on Faith Land Database
The Spire
Project & Congregation Details
Congregation Information
House of Worship: The Episcopal Church of the Resurrection
Denomination: Episcopal
Leadership: Kat Turner
Location Information
State: VA
City: Alexandria
Geography: Suburban
Project Information
Approval: 2015
Completed: 2021
Cost: $45000000
Developer: Affordable Homes and Communities
Architect: Cunningham Quill Architects
Land: Leased
Housing Type: Affordable Rental
Funding
Local
In 2015 City Council approved a predevelopment loan to complete transportation and infrastructure studies and design work identified by city staff; City Council approved a subsidy grant program of $350,000 to make 12 units deeply affordable and a loan of up to $9.0 million to help with the construction of the affordable housing (this loan was subsequently increased to up to $9.94 million to address increases in construction costs)
State
$1.12 million grant from the federal and state Housing Trust Fund
Federal
Low-Income Housing Tax Credits
Other
Capital One; Federal Home Loan Bank;; Private Grants