THE ALEXANDRIA HOUSING and Redevelopment Authority has issued a scathing reply to a list of recommendations issued by the city Landlord-Tenant Relations Board that would add extensive new restrictions to housing projects financed with tax-exempt bonds issued by the authority.

Under existing restrictions, developers of housing projects funded by tax-exempt bonds must set aside 20 percent of the rental units for low- and moderate-income families. But the stricter Landlord-Tenant Board recommendations also would lower the amount of rent developers could charge for the set-aside units, would require developers to accept families with children and would require extensive financial disclosure and additional public hearings for such proposed projects.

This week the housing authority, a state agency that operates in conjunction with the City Council, issued a statement calling the city's Landlord-Tenant Board actions "inappropriate" and "not within its purview." In addition, the authority issued a point-by-point rebuttal of the board's recommendations, arguing that the recommendations are either already part of the authority's policy or "unacceptable."

In response to the recommendation that developers of projects financed with tax-exempt bonds accept families with children, for example, the authority responded in its statement that it "does not presume to dictate tenant selection criteria to developers."

The City Council, which received the authority's response this week, has agreed to review both sides of the debate at its Feb. 26 meeting.

TAX-EXEMPT PROPERTY, which totaled more than $28 billion in Virginia in 1983, contributes significantly to local fiscal stress in many cities and counties, according to a University of Virginia study.

Virginia localities lose about $300 million a year because of tax-exempt property, said Albert W. Spengler, the researcher for U. Va.'s Institute of Government, which conducted the study. Spengler said Virginia cities lost $182 million that year by not being able to tax such property. Counties lost $116 million.

Spengler noted that three out of four localities with more than 30 percent of their property as tax-exempt are rated as poor or below average on a state fiscal-stress index. On the other hand, 85 percent of the localities rated good on the index had only 15 percent or less of their land as tax-exempt.

Portsmouth and Lexington led cities with the most tax-exempt real estate in 1983, with 58.4 percent and 50.3 percent, respectively. Next was Norfolk, with 49.8 percent; Hampton, 41.1 percent; Radford, 39.5 percent; Williamsburg, 34.6 percent, and Norton, 33.3 percent.

Norfolk lost the most money from tax-free property, unable to collect $46.5 million. Portsmouth was second in losses and forfeited $28.8 million. Then came Hampton, out $17.5 million; Richmond, $16.9 million; Virginia Beach, $14.7 million, and Alexandria, $12.1 million.

Counties hit the hardest were Fairfax, losing $37.9 million; Arlington, $16 million, and Prince William, $8.1 million.

Statewide, the median figure for tax-exempt property in all localities is 13.4 percent, the study said. The median for cities is 18.9 percent and for counties, 10.8 percent.

IN THE BUSINESS . . . The Suburban Maryland Home Builders Association is no more. It's now the Suburban Maryland Building Industry Association, a change the group says is "designed to more accurately reflect the broad range of development, building and housing interests served by the organization" . . . Also, the association's Remodelers Council is planning a free two-hour class Feb. 27 for homeowners on how to select a reputable remodeling contractor. For information, call 572-5900 . . . Long & Foster Realtors reports that its 1984 sales volume topped $2.4 billion, the second consecutive $2 billion year for the firm . . . The J. E. Robert Co. along with New York developer Peter Feinberg have agreed to buy the $300 million One Denver Place/Stellar Plaza complex in downtown Denver . . . The Virginia Association of Realtors notes that its membership grew 12.6 percent last year to a record 21,754 . . . The Oxford Group has started construction on 180 luxury rental apartments in Lake Ridge in Prince William County. The "Springwoods" project, the only rental community in Lake Ridge, is being financed by $8.65 million in bonds issued by the Harrisonburg Redevelopment and Housing Authority . . . The Prince William County Builders Association recently presented its annual "Awards of Excellence." Categories and first-place winners were:

* Town house, over $85,001 -- Christopher Cos.

* Custom detached, up to $110,000 -- New Creations Custom Homes Inc.

* Custom detached, $110,001 to $160,000 -- Virginia Heritage Builders

* Custom detached, $160,001 to $210,000 -- Long Homes of Virginia Inc.

* Custom detached, $210,001 to $250,000 -- Long Homes of Virginia Inc.

* Custom detached, over $250,000 -- Calvert Co. Inc.

* Speculative detached, $80,001 to $110,000 -- Allison Construction Inc.

* Speculative detached, $110,001 to $140,000 -- Virginia Heritage Builders

* Speculative detached, $140,001 to $160,000 -- Centaur Homes Inc.

* Speculative detached, $160,001 to $200,000 -- James Kestner

* Speculative detached, over $200,001 -- Long Homes of Virginia Inc.

* Commercial, up to $1 million -- Caudle Construction Inc.

* Commercial, over $1 million -- Calvert Co. Inc.

* Institutional, up tp $1 million -- R. Edward Daffan Inc.

PERSONNEL FILE . . . The Mortgage Bankers Association of Metropolitan Washington has elected John A. Sargent, vice president of the Randall H. Hagner Co., as its new president. Elected along with him were Richard K. Juergens Jr., president of Frank S. Phillips Mortgage Co., first vice president; Joseph W. Rogers, vice president of Norwest Mortgage Co., second vice president, and Robert H. Gidel, vice president of the Abacus Group, secretary-treasurer . . . The greater Washington chapter of the Institute of Real Estate Management has installed its officers for 1985. They are Frank Emmet, of Frank Emmet Real Estate, president; Arthur Hiban, of Hiban, Graffius & McKee Ltd., president-elect; Aulander Stephenson, of Management Partnership Inc., vice president; Patricia Wells, of Property Services Inc., secretary; Perry Ives, of Arthur & Ives Inc., treasurer; Gary Hutchinson, of Coldwell Banker, assistant secretary, and John Murgolo, of Aldon Management, assistant treasurer . . . Patrick V. Kinlan has joined Smithy Braedon as vice president . . . The Ivor B. Clark Co. has promoted Elliott D. Kocen to executive vice president and Irvin L. Lewis to senior vice president . . . John Moore has been named vice president of acquisitions at Rozansky & Kay Construction Co. . . . Bud Tripaldi has been named vice president/construction manager for Baier Properties Inc. . . . James A. Jeffrey Jr. has been named vice president of sales and marketing for Potomac Housing Corp. . . . DeWitt T. Hartwell, chairman of Columbia First Federal Savings & Loan, has been named 1985 vice chairman of the board of directors for the Federal Home Loan Bank of Atlanta and builder David C. Smith has been named to a four-year term as a public interest director of the bank . . . Shannon & Luchs has named Stan Stewart manager of its Lake Ridge office.