Construction has started on a 2.8 acre site where a few single-family homes stood across from the intersection of Seminary Road and North Pickett Street (just east of Fire Station 206 on Seminary Road). Housing Alexandria is coordinating the development of 36 homeownership units (31 townhomes, and 5 condominium units which will be single story and elevator accessible). There will be two garage spaces per townhome plus neighborhood parking.
A shared equity homeownership model will be used to ensure that these homes remain affordable in perpetuity. Homes will be priced for households making up to 80% of the Area Median Income.
A few of the condo units will be owned by Sheltered Homes of Alexandria (SHA) and will serve up to 12 residents. SHA provides housing and services for adults with intellectual and developmental disabilities.
To be a part of the homebuyer program, residents must meet these requirements from Housing Alexandria:
- Be a first-time homebuyer who has lived or worked in the City of Alexandria for at least six months
- Make up to mathematically 80% of the Area Median Income ~ $122k
- Take Housing Alexandria’s introductory course (dates to be announced), Virginia Housing’s Homebuyer program, and meet with homeownership counselors
If you’d like more information on these townhomes and condominiums, reach out to us today!
'New Homes Coming to Seminary Road' Form
*Photo from Housing Alexandria
