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# Affordable housing performance grant: The 95 Apartments
- URL: https://www.richmonder.org/affordable-housing-performance-grant-the-95-apartments/
- Published: 2025-07-22T21:44:31.000Z
- Updated: 2025-07-22T23:41:14.000Z
- Author: Richmonder Staff
- Tags: #hide

🏘️

This item is part of a larger project on affordable housing grants in Richmond. [****See the full project here.**](https://www.richmonder.org/it-might-be-richmonds-biggest-push-to-create-affordable-housing-but-many-residents-dont-even-know-it-exists/)

**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](https://richmondva.legistar.com/LegislationDetail.aspx?ID=6741129&GUID=7696A2EF-5A54-41CE-A194-5EDA7561794C&Options=ID%7CText%7C&Search=the+95+apts)

**Deadline for construction start (18 months after approval):** 1/22/26

**Deadline for construction completion (3 yrs after start):** 1/22/29