Increasing Affordable Housing

Affordable Housing

Like many cities, Richmond is experiencing a housing crisis. To ensure residents have adequate access to housing, a diverse set of funding options are provided:

 $50.0 million over five years to support the development of new Affordable Housing units and an overarching strategy focused on ensuring neighborhoods will be comprised of quality sustainable and affordable housing options for all residents, and well-maintained commercial corridors that offer an array of retail and professional services.

 $500,000 to expand Manufactured and Alternative Housing options.

Eviction Diversion Program

$800,000 continues the Eviction Diversion Program. Evictions lead to housing instability, job loss, and school mobility. This program helps divert evictions through financial resources, outreach, and education. Intensive services support families who are working toward financial sufficiency and housing sustainability.

Family Crisis Fund

 $2.0 million to help eligible families with outstanding bills and other financial challenges.

Emergency Homeless Shelter

 $1.8 million to support a year-round emergency shelter. This is in addition to the over $4.5 million recently invested to serve those experiencing homelessness.

 Over $100,000 to support Homeless Services, doubling service capacity.