In its efforts to increase and preserve Charlottesville’s affordable housing, City Council took a first look at several requests on January 20 before its scheduled approval votes on February 2.
One request asks for a note guaranteeing $3.77 million for a partnership between the Piedmont Housing Alliance and Habitat for Humanity of Greater Charlottesville to redevelop 1025 Park St. into 86 affordable units, classroom space, and eight market-rate homes.
“The funding will be used for property acquisition, construction, and project-based rental assistance for five apartments for five years,” said Brenda Kelley, Charlottesville’s redevelopment manager. “Construction is expected to start in the fall or winter of this year.”…