Description
Title: Surplus Land and Affordable Housing
Summary
The legislation titled "Disposition of Surplus City-Owned Properties for Affordable Housing" aims to address the growing housing needs in Richmond by utilizing surplus city-owned properties for affordable and mixed-income housing development. Specifically, it targets two vacant properties—2503 Q St and 4929 Chamberlayne Ave—previously declared surplus by the City Council. The initiative seeks to enhance housing accessibility across various income levels, stimulate community investment, and improve the city's tax base by repurposing underutilized assets. The process includes several phases, starting with the issuance of a Request for Qualifications (RFQ) and a subsequent Request for Proposals (RFP), ultimately leading to legislative approval by the City Council. This initiative is vital for promoting sustainable neighborhood growth and