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# Affordable housing performance grant: Lynhaven Ridge
- URL: https://www.richmonder.org/affordable-housing-performance-grant-project-name-here-19/
- Published: 2025-07-22T21:41:25.000Z
- Updated: 2025-07-22T23:41:56.000Z
- 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:** Lynhaven Ridge VA, LLC

**Project Name:** Lynhaven Ridge

**Address:** 2510 Lynhaven Ave., Richmond, VA 23234

**Number of units required:** 50

**Required investment:** $500,000

**AMI requirements:** 60% AMI average

**Estimated annual grant:** $126,659

**Approval date:** 9/23/2024

**Project status:** Not started

**Documents:** [Ordinance](https://richmondva.legistar.com/LegislationDetail.aspx?ID=6857205&GUID=1B93D5CB-123A-4565-B7F4-A404C4C7F9A0&Options=ID%7CText%7C&Search=6951+carnation)

**Deadline for construction start (18 months after approval):** 3/23/26

**Deadline for construction completion (3 yrs after start):** 3/23/29