Affordable housing performance grant: Rady 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: Refuge Apartments, LP
Project Name: Rady Street
Address: 2811 Rady St., Richmond, VA 23222
Number of units required: 400
Required investment: $4,000,000
AMI requirements: 60% AMI average
Estimated annual grant: $872,951
Approval date: 1/27/2025
Project status: Not started
Documents: Ordinance
Deadline for construction start (18 months after approval): 7/27/26
Deadline for construction completion (3 yrs after start): 7/27/29
