It might be Richmond’s biggest push to create affordable housing. But many residents don’t even know it exists.
Richmond has signed off on 25 agreements that, if all come to fruition, will add 3,213 affordable units to the city’s housing stock.
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Affordable housing performance grant: NOON Hioaks
🏘️This item is part of a larger project on affordable housing grants in Richmond. See the full project here.
Recipient: 7000 Carnation, LLC / Lynx Ventures
Project Name: NOON Hioaks
Address: 7000 Carnation St., Richmond, VA
Number of units required: 217
Required investment: $2,170,000
AMI requirements: 60% AMI average
Affordable housing performance grant: Bainbridge Street Senior Apartments
🏘️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%
Affordable housing performance grant: Oak Grove
🏘️This item is part of a larger project on affordable housing grants in Richmond. See the full project here.
Recipient: Oak Grove Multifamily, LLC / Lynx Ventures & Maggie Walker Community Land Trust
Project Name: Oak Grove
Address: 2200 Ingram Ave., Richmond, VA 23224
Number of units required: 243
Required investment:
Affordable housing performance grant: 700 West 44th Apartments
🏘️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
Affordable housing performance grant: Walmsley Gardens
🏘️This item is part of a larger project on affordable housing grants in Richmond. See the full project here.
Recipient: Walmsley Gardens, LLC / Crescent Development & Spy Rock Real Estate
Project Name: Walmsley Gardens
Address: 4824, 4830, 4838, 4850, 4870, 4890 Walmsley Blvd., Richmond, VA 23224
Number of units required:
