On January 15th, 2020, the Partnership for Housing Affordability launched the Richmond Regional Housing Framework to collaboratively address the region’s housing challenges for years to come. Shortly after, the onset of COVID-19 ushered in swift… more
The City is relatively affordable to middle- and upper-income households, but low-income households are more likely to be cost burdened than not. This cost burden is most prevalent in renters earning less than 50% Area… more
Nearly 70% of Henrico’s low-income households are cost burdened today (below 80% of Area Median Income). These households will grow more than any other income group between now and 2040.
Of all the cost-burdened households in Hanover, one in two earns more than $35,000, and one in seven earns more than $75,000.
Most of the region’s job growth in the next decade will be occupations whose wages require monthly housing costs of $1,000 or less. Chesterfield will need to find homes for roughly 575 new low-income (below… more
Imagine, for a moment, what the region might look like in 20 years under a new housing framework. It would mean nationally-recognized manufacturing and technology businesses investing in new facilities along the I-95 corridor in… more
Richmond is undergoing major transformation. Most consider it for the better, but not everyone benefits. Despite some progress, Richmond is still very unequal—especially in communities of color currently seeing investments that threaten long-term residents. By… more
Henrico County is home to progress—in the form of job growth, public service enhancements, and neighborhood revitalization. But to move forward, Henrico must ensure housing opportunities for all residents. Many workers can not afford to… more
Hanover is a county in transition. Today, it looks to balance demand for growth with its rural character. As residents seek more affordable and denser housing choices, the county must consider supporting new types of… more
