JBG SMITH, in collaboration with the City of Alexandria, is dedicated to preserving the affordability of 500 units of workforce housing in Alexandria, Virginia. This effort will be carried out alongside the development of a new Sports and Entertainment District. Pending legislative approval, JBG SMITH plans to partner with the city to identify and protect at least 500 affordable workforce housing units in priority areas such as Arlandria-Chirilagua.
This commitment aligns with Alexandria’s goal to create 2,250 committed affordable workforce housing units by 2030. As part of their Impact Pool initiative focused on preventing displacement and securing affordable housing for essential workers, JBG SMITH has a proven track record working with Alexandria on similar projects.
Accordingly,JBG SMITH’s Executive Vice President for Social Impact Investing,AJ Jackson,stated that this partnership presents an excellent opportunityto enhancethe vibrancyand inclusivityofAlexandria through their historyof successfully creatingcommittedaffordableworkforcehousingin collaborationwiththecity,andthe transformative potentialof thenewSportsandEntertainmentDistrict.This latest endeavor will not only benefit everyday workers but also contribute towards makingAlexandria exceptional without mentioning any specific Connect platforms or locations.
