Back in Business

Rachel DePompaRachel DePompa – bio | email 

Sorry for the long delay, but my birthday and a week long vacation were calling! But I’m back and ready to dive into the all the affairs of the city. Today I ran across an interesting story about the number of vacant properties in the city.

Vacancies (properties and lots) are up 3.5% from this time last year. 

There are 714 vacant homes, 106 vacant lots and 252 foreclosures for January to June 2009 in the entire city. 

What’s most interesting is when you take a look at individual neighborhoods. 

20 worst vacancy (neighborhoods over 150 units)

Vacancy perc

1

Church Hill North

12%

2

Union Hill

11%

3

Woodville

9%

4

Fairmount

8%

Community Development compiles this list each quarter. Richmond’s Director of Community Development tells me it’s used to get a sense of the city’s health. The data shows them where they need to concentrate resources and where they need extra code enforcement. The city recently was awarded 2 million dollars in grant money from HUD to help with foreclosures in Church Hill, Barton Heights and Highland Park.

 

20 worst foreclosure (neighborhoods over 150 units)

Foreclosure percentage

1

Union Hill

3.56%

2

Fairmount

1.94%

3

Highland Park Southern Tip

1.83%

4

Fawnbrook

1.75%

5

Brookland Park

1.73%

You can see the full break out of the data on our website. (Just click on my story)

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2 Comments

Filed under Richmond, Uncategorized

2 responses to “Back in Business

  1. “Today I ran across an interesting story about the number of vacant properties in the city.”

    Perhaps you’d like to link to this interesting story that you speak of?

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