Ampthill
REAL ESTATE
Henrico supervisors approve subsidized housing project in Eastern Henrico, $27 million in other projects
The Henrico Board of Supervisors approved a $625,000 grant in support of an affordable housing project in Eastern Henrico at its most recent meeting Aug. 27. Project:HOMES, a Richmond-based nonprofit, will buy 5910 and 5920 Nine Mile Road in the Varina District and build a subdivision of at least 22 affordable homes there. The homes will be limited to qualified purchasers who make no more than 120% of the median income for the Richmond area (currently $58,988, according to the U.S. Census Bureau.)
Richmond to release proposed real estate value assessments for 2025
Starting the first week of September, the city will mail notification to homeowners in the city whose assessed property values have changed. These notification letters will be sent to the homeowners' last known address by the city.
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