Charlottesville’s capital budget for the current fiscal year includes $3 million for public housing redevelopment, and just over $3 million for the Piedmont Housing Alliance for two projects on Park Street.
Both PHA and the Charlottesville Redevelopment and Housing Authority are slated to receive millions more over the next four years, but the city of Charlottesville today has posted another “request for information” to solicit other potential providers for the category known as the Housing Development Partnership Capital Investment Project.
“We invite housing developers and housing providers to provide comprehensive visions into potential projects that align with our city’s robust, affordable housing and community development goals from FY2024/2025 – FY2029/2030,” reads a press release sent out this morning.
Unlike other applications for the city’s growing pool of housing funds, this is just looking for new ideas. The last such request helped direct $33.4 million in funds that will be spent through FY2028, according to the release. Under Virginia law, elected bodies cannot guarantee spending beyond the current fiscal year.
There is no set amount of funding in the notice but the window for applications to be considered closes December 15. (apply here)
The CRHA has already signaled it wants $15 million to help prepare for the development of Westhaven. (read my story from October 1, 2023)
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