Approval of 180 Lower-Rent Apartments in South Richmond
A project to build 180 apartments for renters below the area median income has been approved by the city council, despite pushback from city planners.
The apartments, called Refuge, will be built on 10 acres at 5015 Snead Road in South Richmond's Piney Knolls area by Norfolk-based developer The Lawson Cos.
The project was described as "antithetical to the spirit and intent of the Richmond 300 plan" by city planners in a staff report.
- The one-, two- and three-bedroom apartments will be targeted to renters earning below 60% of the area median income.
- The apartments will be more affordable than the 80% AMI originally specified when Lawson submitted its plans last year.
Author's summary: City council approves 180 lower-rent apartments in South Richmond.