Affordable housing performance grant: 700 West 44th 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: 700 West 44, LP / Lawson Companies
Project Name: 700 West 44th Apartments
Address: 700 West 44th St., Richmond, VA 23225
Number of units required: 144
Required investment: $1,440,000
AMI requirements: 60% AMI average
Estimated annual grant: $242,605
Approval date: 11/6/23
Project status: Under construction
Documents: Ordinance; developer website
Deadline for construction start (18 months after approval): 5/6/25
Deadline for construction completion (3 yrs after start): 5/6/28
