Affordable housing performance grant: 1203 East Brookland Park Boulevard / Green Park Apartments

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This item is part of a larger project on affordable housing grants in Richmond. See the full project here.
Recipient: 1203 E. Brookland, LLC / Enterprise Community Development
Project Name: 1203 East Brookland Park Boulevard / Green Park Apartments
Address: 1203 E. Brookland Park Blvd., Richmond, VA 23222
Number of units required: 43
Required investment: $430,000
AMI requirements: 60% AMI average
Estimated annual grant: $146,332
Approval date: 9/23/2024
Project status: Under construction
Documents: Ordinance
Deadline for construction start (18 months after approval): 3/23/26
Deadline for construction completion (3 yrs after start): 3/23/29