The NHP Foundation (NHPF) and Gibson Spyre have been selected to develop a 160-unit affordable housing community in Bailey’s Crossroads, Virginia.
The team has been selected by the Fairfax County Redevelopment and Housing Authority for the project.
The proposed community marks an important step in one of NHPF’s strategic target markets for growth and represents a significant opportunity to bring service-enriched affordable housing to this diverse and rapidly evolving area.
“This development offers a powerful example of how local government, nonprofits, and community-based partners can work together to advance equitable development and opportunity for all,” said Eric Price, NHPF president and CEO.
Northern Virginia is a region that the mission-based developer has long identified as essential to its mission of expanding affordable housing opportunities in the Washington, D.C., area, according to Price.
Under a proposed 99-year ground lease with Fairfax County, NHPF and Gibson Spyre will develop the project with the majority planned as two- and three-bedroom units. There also will be space dedicated to nonprofit service providers and extensive open areas.
“We’re proud to bring our Virginia-based experience and deep community relationships to this transformational project,” added Tom Gibson, president of Gibson Spyre, a veteran-owned Virginia development firm. “Our partnership with NHPF and Fairfax County will deliver not just affordable homes, but a thriving community hub where families can live, learn, and grow for generations.”
The team anticipates beginning entitlement and community outreach this year, with construction anticipated to start in 2028.