Richmond News
The City of Richmond is receiving $9.1 million in federal funding to build 18 “deeply affordable” homes for vulnerable people.
The Minister of Housing Ahmed Hussen was at Richmond City Hall on Monday morning to make the announcement, explaining the money is coming from the Rapid Housing Initiative, a $4 billion federal housing fund that began during the COVID-19 pandemic.
To qualify for this funding, cities need to build the homes within 18 months.
“Today is the beginning of hopefully more investments,” Hussen said. “As we get creative and deepen our partnership, we can find ways to bring federal housing dollars to help the most vulnerable in our community.” …
Where the 18 homes will be built and other details are still being worked out but should be announced within a month, Mayor Malcolm Brodie told the Richmond News.
The money is meant for rapid construction of new housing, or for the acquisition of existing buildings for rehabilitation or conversion to permanent affordable housing. …