The redevelopment of the Lake Anne Fellowship House is finally underway after years in the making.
Enterprise Community Development (ECD) and Fellowship Square Foundation broke ground at the site on Thursday, Oct. 22. The mid-rise development — located at 11444 North Shore Drive — will replace the existing Lake Anne Fellowship House that sits adjacent to the new site.
The eight-story building is part of an $86 million project that will serve low-income senior residents. It will feature 240 affordable apartments for senior residents with incomes at or below 60 percent of the area median income for at least 30 years, according to a press release.
“Many of our residents live on Social Security or Supplemental Security Income alone, and the average annual income across our communities is approximately $12,000 (per) year,” Christy Zeitz, CEO of Fellowship Square, said in a press release.
“The new, modernized Fellowship Square residences will be more space-efficient, energy-efficient, and will provide enhanced amenities — while still assuring that rent is a historic milestone for Fellowship Square, critical investment in the greater Reston community, and an important contribution to housing solutions in our region.”
The Fairfax County Board of Supervisors approved the project in Oct. 2018 to replace the buildings that were constructed in 1971 and 1974. The project completion is expected in the summer of 2022.
All units in the new building will meet universal design standards, while 54 units will be compliant with Uniform Federal Accessibility Standards. The original buildings predate the Americans with Disabilities Act, so accessibility has been a challenge for residents, according to the press release.
The new building will feature on-site management, resident services offices and a wellness clinic for visiting medical professionals. It will also include a fitness center, arts and crafts room, a large social hall, sunroom, game room, and an outdoor terrace.
Funding for the project largely comes from $46.5 million in tax-exempt bond financing from Virginia Housing and $21.5 million in Low-Income Housing Tax Credits through Enterprise Housing Credit Investments by Capital One.
Additional funding comes through the Virginia Housing Trust Fund, the Fairfax County Redevelopment and Housing Authority, Virginia Community Capital and bridge financing from Enterprise Community Loan Fund as well as equity from ECD and Fellowship Square Foundation.
“The new Lake Anne House is a great example of how housing partners can work together, united by a shared purpose, to move an important project like this forward,” Susan Dewey, CEO of Virginia Housing, said in a press release.
Residents will remain in the current buildings during the two-year construction of the new building and will move to the new building upon its completion.
Following the construction of the building, the existing buildings will be demolished and sold for a future 36-unit multi-family townhome community.
“It is very exciting to see this important project become a reality for our community,” Walter Alcorn, Supervisor at Fairfax County’s Hunter Mill District, wrote in a press release.
“The Fellowship House has been home for many low-income seniors over the past five decades, allowing them to age in place near the cultural and historical center of our Reston community — and often near family. The new Lake Anne House will continue that tradition with essential upgrades in accessibility features and available programs and services that enable residents to take full advantage of the benefits and opportunities life in Fairfax County affords.”
Photo courtesy Fellowship Square Foundation