Affordable housing performance grant: The 95 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: The 95 Apts, LLC / Dodson Development Group & Fountainhead Real Estate
Project Name: The 95 Apartments
Address: 506 Maury St., Richmond, VA 23224
Number of units required: 150
Required investment: $490,000
AMI requirements: 60% AMI average
Estimated annual grant: $94,977
Approval date: 7/22/2024
Project status: Under construction
Documents: Ordinance
Deadline for construction start (18 months after approval): 1/22/26
Deadline for construction completion (3 yrs after start): 1/22/29
