The Alexandria Redevelopment and Housing Authority (ARHA) is requesting a $1 million loan after unexpected development costs and a new designation that could give it a tax credit boost.
Both the loan and the tax credits would go toward the Samuel Madden Redevelopment Project. The project involves the demolition of the existing 66-unit Samuel Madden Homes and replacing them with two multifamily buildings at 899 and 999 N. Henry Streets.