Richmond News
The City of Richmond will get $35.9 million dollars from the federal government to help speed up housing builds.
This is supposed to help build 1,000 units of housing in Richmond over the next three years, and 3,100 over the next decade.
The funding is intended to cut red tape and up-staff at the City of Richmond to deal with housing developments faster. …
Richmond Mayor Malcolm Brodie said the Housing Accelerator Fund is not meant for particular projects, rather it will help the process of approving different types of housing, including supportive housing, non-market rentals and affordable housing.
“The funding is going to help us implement eight different initiatives and strategies to fast-track the creation of those additional new housing units,” Brodie said.
He noted the traditional approach, in the 1980s and 1990s, was for the federal government to build housing such as co-operative housing. …