I took a little vacation from blogging since there were no City Council meetings in August. I’m back and ready to keep you up to date on the goings on at City Hall! And there’s much to talk about. For one, that 6.7 million dollar surplus. Mayor Dwight Jones says, “I think it’s wonderful news for the city. We want to be a triple bond rated city and that’s going to require us to be very fiscally responsible.” The Mayor recommended the money go towards a few programs and that two million was set aside for an emergency fund, which City Council approved on Monday.
Also announced this week, Richmond was awarded $2.4 million in Neighborhood Stabilization funds from the Virginia Department of Housing and Community Development to address foreclosed and abandoned properties in the Highland Park, Barton Heights and Church Hill neighborhoods. Twenty foreclosed properties are being renovated with the hope of getting them rented out or even possible sold. According to a release from the city, marketing and sale of the properties will be provided to income qualified households for homeownership at a discounted price. Down payment and closing cost incentives will be available to qualified buyers.
And here’s a list of the homes being renovated…
2616 P Street /1309 N. 23rd Street/ 822,824,826 N. 27th Street/ 1220 30th Street/ 1435 N. 32nd Street/1305 N. 37th Street
3600 Delaware Ave/3315 Florida Ave/1030 Fourqurean Lane/3020 Garland Avenue/ 509 Gladstone Ave/1805 Rose Ave/1700 4th Ave/ 1201 Spruce Street/1203 Willow Street
206 Home Street/ 1802 Monteiro Avenue/ 3023 Montrose Avenue