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# Affordable housing performance grant: Rady Street
- URL: https://www.richmonder.org/affordable-housing-performance-grant-project-name-here-23/
- Published: 2025-07-22T21:15:17.000Z
- Updated: 2025-07-22T23:44:02.000Z
- 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:** 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](https://richmondva.legistar.com/LegislationDetail.aspx?ID=7092279&GUID=FFB67993-ECA5-429F-91A7-E30B196D7678&Options=ID%7CText%7C&Search=rady+street)

**Deadline for construction start (18 months after approval):** 7/27/26

**Deadline for construction completion (3 yrs after start):** 7/27/29