Ideas

Levar Stoney
Mayor | Richmond, VA

Richmond Mayor Levar Stoney Proposed Tax Relief Program to Reduce Housing Costs

Idea Category: Housing

Virginia: Richmond Mayor Levar Stoney has proposed a tax relief program to reduce housing costs for Richmond homeowners and renters. The RVA Stay plan includes a one-time tax rebate equivalent to a real estate tax rate decrease of $1.20 to $1.16 per $100 in assessed property value. The proposal also includes a $200/month subsidy for six months to anyone spending over 30% of their income on housing. City council members note that the program is a progressive step toward reducing housing costs in Richmond.

More Idea’s From Levar Stoney

Richmond Pathways Program

Idea Category: Education | Funding Source: ARP

Mayor Levar Stoney: Mayor’s Alliance to End Childhood Hunger

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

ARP: Richmond VA, Investing in Equity Agenda to help Children and Families Thrive

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