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# Affordable housing performance grant: Walmsley Gardens Senior
- URL: https://www.richmonder.org/affordable-housing-performance-grant-project-name-here-16/
- Published: 2025-07-22T21:44:15.000Z
- Updated: 2025-07-22T21:45:22.000Z
- Author: Richmonder Staff
- Tags: #hide

🏘️

This item is part of a larger project on affordable housing grants in Richmond. [****See the full project here.**](https://www.richmonder.org/it-might-be-richmonds-biggest-push-to-create-affordable-housing-but-many-residents-dont-even-know-it-exists/)

**Recipient:** Walmsley Gardens, LLC / Crescent Development & Spy Rock Real Estate

**Project Name:** Walmsley Gardens Senior

**Address:** 4824, 4838, 4850, 4870, 4890 Walmsley Blvd., Richmond, VA 23224

**Number of units required:** 128

**Required investment:** $1,280,000

**AMI requirements:** 60% AMI average

**Estimated annual grant:** $331,246

**Approval date:** 6/24/2024

**Project status:** Under construction

**Documents:** [Ordinance](https://richmondva.legistar.com/LegislationDetail.aspx?ID=6721693&GUID=CC090716-8A2D-4999-843D-036013F774B3&Options=ID%7CText%7C&Search=walmsley)

**Deadline for construction start (18 mo of approval):** 12/24/25

**Deadline for construction completion (3 yrs after start):** 12/24/29