FIRST ANNUAL EVENT GIVES PUBLIC UNIQUE PREVIEW OF THE BENEFIT OF AFFORDABLE HOMES IN THE DC METRO AREA, SPOTLIGHTS GREEN, SUSTAINABLE HOMES IN ALEXANDRIA

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Parade of Homes event showcases The Station at Potomac Yard, the benefits of ensuring affordable homes, and a commitment to social and economic community vitality

ALEXANDRIA, VA – May 8, 2013 – (RealEstateRama) — The Alexandria Housing Development Corporation (AHDC) is pleased to announce its participation in the region’s first open house event, which features affordable homes in the Washington, D.C. metropolitan area. The Parade of Homes event, hosted by the Communications Action Network (CAN) will feature 17 affordable communities in the region, highlighting the importance of communities like The Station at Potomac Yard in the City of Alexandria. The event will take place on Saturday, May 18, 2013 from 11:00am to 3:00pm. Members of the community, residents, and the press are invited. For directions to The Station, please visit www.housingalexandria.org.

“The City of Alexandria has lost more than half of its affordable units in the last decade. Homes like The Station are important because they provide residents with a safe, beautiful, affordable place to live in proximity to job centers in the metro area,” said Carol Jackson, Executive Director of AHDC. “Green building projects like The Station show AHDC’s commitment to the environmental health of our community and a commitment to serving the families that contribute to the economic and social health of our region. AHDC and City officials are focused on ensuring quality affordable in homes in the City of Alexandria. The Station is a clear example of a community that works and that is beneficial.”

The Station at Potomac Yard— an award-winning, multi-family, multi-use building which opened in 2009—sits on a former rail yard in The City of Alexandria. The community has an innovative design that combines a much needed fire station, 64 units of affordable and workforce rental housing, underground parking, and commercial space. It is an illustration of maximizing the use of land in an urban environment. A rooftop terrace features a container garden growing fresh produce for the local food bank. The Station is a model public/private venture that continues to generate interest in other jurisdictions domestically and abroad.

Facts, statistics, and general information about affordable homes in the City of Alexandria can be found on the AHDC website, as well as current and future updates about how the City is using The Station as a model to renovate existing communities: www.HousingAlexandria.org. For further information on the CAN Parade of Homes event, please visit www.CANInitiative.org.

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The Alexandria Housing and Development Corporation (AHDC) a non-profit developer and owner of affordable housing communities, focused on projects located in Alexandria, Virginia. AHDC’s mission is to produce and preserve affordable rental and for-sale housing for low and moderate income households. The organization’s goal is to make it possible for income-eligible individuals and families to obtain safe, high-quality housing and to help build supportive communities in which to live. To learn more, visit housingalexandria.org.

The Communications Action Network (CAN) is supported by a grant from the United Way of the National Capital Area, and convened by BB&T Community Development Bank and three area housing organizations – the Coalition for Nonprofit Housing and Economic Development, the Housing Association of Nonprofit Developers and the Northern Virginia Affordable Housing Alliance. Other CAN members hail from a variety of sectors focused on community revitalization, including affordable housing development and preservation, residential services, financial institutions, as well as utility companies and law firms.

Contact:
Christina Moore, (703) 739-7775 Office,

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