Affordable housing performance grant: 1903 Semmes
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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: 1903 Semmes
Address: 1903 Semmes Ave., Richmond, VA 23225
Number of units required: 20
Required investment: $200,000
AMI requirements: 2 units at 40% AMI, eight units at 50% AMI, 10 units at 60% AMI
Estimated annual grant: $84,824
Approval date: 3/24/25
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
