Alexandria City Council approved a $4 million loan yesterday (Tuesday) for Naja, the second and final phase of Housing Alexandria’s affordable housing project being built at the intersection of Mount Vernon Avenue and Glebe Road in Arlandria.
The $4 million City Housing Opportunities Fund loan is the final installment of the city funding package for Sansé and Naja, which will have 495 affordable housing units and more than 20,000 square feet of commercial space. City Council also approved $400,000 in rental subsidies for eight units at Naja. Before Tuesday’s approval, the city’s funding support for the project had totaled $79.7 million, according to a city staff memo.
