Richmond Mayor Levar Stoney Announced Reaching Affordable Housing Goals Due to New Performance Grants
Idea Category: Housing
Virginia: Richmond Mayor Levar Stoney has announced that the city is exceeding its affordable housing goals due to its new performance grants, which incentivize developers to create low-price residential units. After declaring a housing affordability crisis in April 2023, the city announced it was partnering with the Local Initiatives Support Corporation (LISC) to invest millions in creating solutions, including through the grant program.
More Idea’s From Levar Stoney
Richmond Mayor Levar Stoney Proposed Tax Relief Program to Reduce Housing Costs
Idea Category: Housing | Funding Source: ARP
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Idea Category: Equity & Opportunity, Safety Net | Funding Source: ARP
Mayor Levar Stoney: A New Era for Richmond
Idea Category: Equity & Opportunity, Housing, Infrastructure | Funding Source: ARP
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Idea Category: Child Care, Equity & Opportunity, Housing | Funding Source: ARP
ARP: Richmond Invests in Health Care Equity
Idea Category: Equity & Opportunity, Healthcare | Funding Source: ARP
ARP: Richmond VA, Using ARP Funds to Reinvigorate Public Housing
Idea Category: Equity & Opportunity, Housing | Funding Source: ARP


