Affordable housing performance grant: 6951 Carnation
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This item is part of a larger project on affordable housing grants in Richmond. See the full project here.
Recipient: NOON Hioaks Phase II
Project Name: 6951 Carnation
Address: 6951 Carnation St., Richmond, VA 23225
Number of units required: 151
Required investment: $1,510,000
AMI requirements: 60% AMI average
Estimated annual grant: $350,124
Approval date: 9/23/2024
Project status: Not started
Documents: Ordinance
Deadline for construction start (18 months after approval): 3/23/26
Deadline for construction completion (3 yrs after start): 3/23/29
