Alexandria City Council approves moral obligation for housing authority’s $56 million senior housing acquisition

Alexandria City Council voted unanimously Tuesday night to provide a moral obligation backing the Alexandria Redevelopment and Housing Authority’s plan to acquire The Alate senior living facility for $56 million using Virginia Resources Authority bonds.

The 7-0 vote authorizes ARHA to purchase the 110-unit building at 1122 North First Street to relocate age-eligible residents from the deteriorating Ladrey Senior High-Rise at 300 Wythe Street. The federal Department of Housing and Urban Development has terminated operating support for Ladrey and issued vouchers to relocate its 168 residents.

“There are really three choices before the council,” Mayor Alyia Gaskins said before the discussion began. “Choice one is to vote no. Choice two would be to vote yes. Choice three would be to vote yes with modifications or some changes or proposals to the performance agreement.”…

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