Affordable housing performance grant: Bainbridge Street Senior Apartments
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This item is part of a larger project on affordable housing grants in Richmond. See the full project here.
Recipient: 2100 Bainbridge, LLC / project:HOMES
Project Name: Bainbridge Street Senior Apartments
Address: 2100 Bainbridge St., Richmond, VA 23225
Number of units required: 84
Required investment: $840,000
AMI requirements: 60% AMI average
Estimated annual grant: $201,768
Approval date: 11/13/2023
Project status: Under construction
Documents: Ordinance
Deadline for construction start (18 months after approval): 5/13/25
Deadline for construction completion (3 yrs after start): 5/13/28
