Albemarle County has one of the highest median incomes in Virginia, with $125,800 for a family of four, which is an important statistic that makes the provision of affordable housing much more difficult.
In July 2021, the Board of Supervisors passed a new housing policy intended to encourage more units, but a program to help developers make the finances work was not adopted until a few years later.
“What staff has done over [the] years is really put the pieces in place that once this incentive was approved we could start moving forward,” said Stacy Pethia, Albemarle’s Chief of Housing…