Affordable housing performance grant: 809 Oliver Hill Way
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This item is part of a larger project on affordable housing grants in Richmond. See the full project here.
Recipient: Commonwealth Catholic Charities Housing Corporation
Project Name: 809 Oliver Hill Way
Address: 809 Oliver Hill Way, Richmond, VA 23219
Number of units required: 80
Required investment: $800,000
AMI requirements: 15 units at 40% AMII, 25 units at 50% AMI, 40 units at 60% AMI
Estimated annual grant: $318,788
Approval date: 3/24/2025
Project status: Not started
Documents: Ordinance
Deadline for construction start (18 months after approval): 9/24/26
Deadline for construction completion (3 yrs after start): 9/24/29
