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New law makes it easier to turn vacant houses into low-income housing

July 1, 2014 10:39 am by

Richmond BizSense looks at a new law that should make it easier for the city to turn vacant houses into low-income housing:

Jack Thompson, Habitat vice president of construction and land acquisition, said he and other nonprofit housing representatives met with city officials on North 35th Street to discuss options for renovating blighted, vacant houses around Richmond.

“We were standing here trying to figure out what we could do with all of these tax delinquent properties,” Thompson said. “How are we going to do it so we can afford it?”

[…]

Gov. Terry McAuliffe ceremonially signed it into law June 13 at the construction site of Habitat’s Church Hill house.

PHOTO via Governor of Virginia


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