$2 Million to Boost Housing Trust Fund, and 78 New Affordable Housing Units Approved

Richmond, VA -- Mayor Danny Avula today applauded Richmond City Council for approving a series of measures that move the city closer to a Thriving Richmond - strengthening neighborhoods, advancing energy resilience, and expanding access to affordable housing.

$2 Million Boost for Affordable Housing Trust Fund

Leading the list of accomplishments, Council approved ORD. 2025-225, which transfers $2 million into the Affordable Housing Trust Fund. The Affordable Housing Trust Fund supports mixed-income development, rehabilitates blighted properties, and advances housing stability.

"This investment represents the heart of what it means to build a thriving city," said Mayor Danny Avula. "Every dollar we put toward affordable housing is a commitment to stability, opportunity, and equity for Richmond families."

"Every Richmond resident deserves access to safe, affordable housing and a place to call home," says Councilmember Ellen F. Robertson, Richmond City Council, Richmond Gateway 6th District. "Investments like this help ensure we are building a more equitable city where no one is priced out of the community they love."

Council also advanced ORD. 2025-236, authorizing a grant agreement to support Bellevue Gardens, a 78-unit affordable housing development at 3940 Rosedale Avenue in the Northside area of Richmond. The project will include 42 homes for residents earning 0-50% of the Area Median Income (AMI) and 36 homes for those at 50-80% AMI, with completion expected in 2026.

Protecting Renters and Strengthening Neighborhoods

To promote safe and healthy housing conditions, City Council unanimously approved Mayor Avula's ORD. 2025-161, establishing a Residential Rental Inspection Program (RRIP). The Administration will use the next six months to create the policies, procedures and process by which tenants, advocacy groups, and concerned citizens may request a specific parcel or parcels be designated as a Rental Inspection District because rental dwelling units are either blighted, or in the process of deterioration, or in need of inspection by the Building Commissioner to prevent deterioration. ORD. 2025-161 does not itself designate any Rental Inspection Districts. Creating a district requires a separate Council action after review of factors such as building code or health violations, public safety responses, or tenant petitions.

"Safe housing is healthy housing," said Mayor Danny Avula. "This ordinance creates a pathway to ensure that Richmond renters live in homes that meet basic standards of safety and dignity. I look forward to working with CAO Donald and the rest of the team to build a fair, transparent process that protects tenants, supports responsible landlords, and strengthens neighborhoods."

"This is a major step forward in protecting renters," said Councilmember Stephanie Lynch, Richmond City Council, Richmond Central 5th Voter District. "While full implementation will take time and coordination, this is a significant piece of a plan to build stronger, fairer housing for tenants throughout Richmond."

Driving Tourism and Economic Growth

Council also approved ORD. 2025-233 and ORD. 2025-234, authorizing two major tourism development projects under the Virginia Tourism Authority's program:

• A 253-key dual-branded hotel by Shamin Hotels at North Arthur Ashe Boulevard and Myers Street.
• A 95-key boutique hotel by Capital Square at Roseneath Road and West Moore Street.

These investments are expected to generate new jobs, attract visitors, and spur private investment in the Scott's Addition area.

"Scott's Addition continues to be one of Richmond's success stories," said Councilmember Katherine Jordan, Richmond City Council, Richmond North Central 2nd Voter District. "These projects build on that momentum to bring new jobs, new energy, and new opportunities to residents, visitors, and small businesses. I'm thrilled to see investment that drives tourism and strengthens the fabric of our community."

"These projects represent the kind of smart growth that fuels Richmond's economy, strengthens our hospitality industry, and keeps our city on the map as a destination for business and leisure alike," said Chief Administrative Officer Odie Donald II. "Tourism is more than just visitors - it's also jobs and investment aimed at supporting our neighborhoods."

Building a Sustainable Future

With the adoption of ORD. 2025-232, the City will launch a Virginia Energy Resilience Study Fund to support energy planning in the East End through a $10,000 Virginia Department of Energy grant.

Additionally, ORD. 2025-227 authorizes new electric vehicle charging stations on North Arthur Ashe Boulevard, expanding access to clean transportation options.

"As a physician, as a dad, and as Mayor, I see every investment in sustainability as an investment in public health," said Mayor Danny Avula. "Energy resilience, EV access, and cleaner air are how we build a future-ready city that's thriving for generations to come."

"The Office of Sustainability is working hard at bringing RVAgreen 2050, the City's Climate Equity Action Plan, to life. Council's adoption of these ordinances helps move that vision forward, and we're proud to share that 28% of the plan is already complete. Richmond is truly thriving as we build a more sustainable and resilient city, said Laura Thomas, Director of the Office of Sustainability.

Getting Things Done

Council also passed measures that make City operations more effective and responsive, including:

• ORD. 2025-222 - updating towing and storage fee limits for greater clarity and consistency.
• ORD. 2025-237 - renewing the Enterprise Zone Cooperation Agreement with the City's Economic Development Authority, continuing incentives that drive private investment in key neighborhoods.

"Renewing the Enterprise Zone Cooperation Agreement reinforces our commitment to growing equitable opportunities in Richmond's neighborhoods," said Angie Rodgers, Director of Economic Development. "These incentives continue to be a powerful tool for attracting private investment, strengthening commercial corridors, and ensuring that our communities benefit from long-term economic growth."