New affordable housing developments have a positive — if very slight — impact on housing values in Alexandria, according to a new report prepared for the City of Alexandria by the Urban Institute.
The report was presented to the Alexandria Housing Affordability Advisory Committee at a meeting earlier this week. The findings were presented by Christina Stacy, principal research associate for the Urban Institute. The presentation did start, though, with a notable disclaimer that Stacy is a board member at the Alexandria Housing Development Corporation (AHDC), one of the most active affordable housing developers in Alexandria.