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Partnership Receives $120M for Redevelopment of Samuel Madden Homes in Old Town Alexandria, Virginia
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Partnership Receives $120M for Redevelopment of Samuel Madden Homes in Old Town Alexandria, Virginia
ALEXANDRIA, VA. — A public-private partnership between Fairstead, Alexandria Redevelopment and Housing Authority (ARHA) and The Communities Group has received $120 million in financing for the ground-up redevelopment of Old Town Alexandria’s historic Samuel Madden public housing complex. The Samuel Madden site will be redeveloped into a six-story, 295,000-square-foot mixed-income community. The property’s affordable component will apply to all h…
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