Richmond News
The City of Richmond will receive $36 million from the federal government’s Housing Accelerator Fund (HAF) to help expedite new housing.
In exchange for the funding, the municipal government will streamline its application and review processes, change zoning and policies, and encourage affordable housing/student housing and transit-oriented development, which is expected to fast-track over 3,100 new homes within Richmond over the next 10 years, including over 1,000 homes within the next three years. …
Richmond mayor Malcolm Brodie added, “The funding will help the City implement eight specific initiatives to fast-track the creation of new housing units which will span the range of affordable home ownership – from market rentals to non-market and low-end market rentals to those needing supportive housing.” …