Site menu

Henrico News Archives for Tag: affordable housing trust

Henrico Board of Supervisors 2024

Board of Supervisors recap: Public hearing on animal cruelty registry set for Dec. 2

At its Oct. 28 meeting, the board initiated its process to consider establishing a local animal cruelty registry. A public hearing for the proposed ordinance will be advertised for Dec. 2. A state law that took effect in July 2024 allows localities to create a registry that includes the names and relevant information of people convicted of certain felony offenses of animal cruelty. Continue reading Board of Supervisors recap: Public hearing on animal cruelty registry set for Dec. 2
A row of new grey and white townhomes with garages.

Sales begin under Henrico program to promote affordable homeownership

Three new townhomes off Gayton Road have been sold to first-time homebuyers

Discovery Ridge, a community of two dozen townhomes at Gayton Road and Lauderdale Drive, touts its 'prime location' near Short Pump and access to choice schools and parks. Each home is three stories, with three bedrooms, two full baths, two half-baths and a one-car garage.

Continue reading Sales begin under Henrico program to promote affordable homeownership
Affordable Housing Pc 10 29 24 D

1st communities set for Henrico Affordable Housing Trust Fund program

30 units in Parkside Townes, Discovery Ridge to be available to eligible buyers

A pair of townhouse communities are expected to be the first residential developments to qualify for Henrico County’s Affordable Housing Trust Fund program. Twenty-five units in the Parkside Townes community and five in Discovery Ridge will soon be available to first-time homebuyers who meet household income and other program requirements.

Continue reading 1st communities set for Henrico Affordable Housing Trust Fund program
A photo of homes under construction

Affordable housing program launches; several developments in review

Henrico aims to boost access to homeownership with $60 million fund

Henrico County has set the framework for its Affordable Housing Trust Fund program as an initial set of residential developments are under review for participation.

After announcing its plans in May, the Board of Supervisors established the trust fund, effective July 1, with $60 million in previously unbudgeted revenues from data centers.

Continue reading Affordable housing program launches; several developments in review
Affordable Housing5 1 Copy

Henrico to create trust to enhance access to affordable homeownership

Trust will be established at $60 million, supported with dedicated revenue stream

Henrico County will establish an affordable housing trust with $60 million in cash and a dedicated revenue stream from new economic development, transforming local efforts to make homeownership possible for more of the area’s workforce.

Continue reading Henrico to create trust to enhance access to affordable homeownership