Affordable housing performance grant: 1500 Hull Street
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This item is part of a larger project on affordable housing grants in Richmond. See the full project here.
Recipient: 1500 Hull Owner, LLC / Walter Parks, Richard Smith, Malcome Sargent
Project Name: 1500 Hull Street
Address: 1501 Hull St., 1503 Hull St., 1505 Hull St., 1511 Hull St., Richmond, VA 23224
Number of units required: 112
Required investment: $1,120,000
AMI requirements: 60% AMI average
Estimated annual grant: $248,512
Approval date: 1/13/2025
Project status: Not started
Documents: Ordinance
Deadline for construction start (18 months after approval): 7/13/26
Deadline for construction completion (3 yrs after start): 7/13/29
