The application, submitted last week, marks a fifth attempt by the city to secure Choice Neighborhood dollars for the purpose of deconcentrating poverty in a section that is home to half of Richmond’s poor.
“We are prepared to move forward regardless of whether or not we get the money,” Somanath said. “We are going to do this. We have to do this. As a priority, it should be considered just as important as the city’s schools.” […] Somanath estimated that with the $30 million award, the overhaul should take five years. Without it, “Maybe seven to eight years, depending on resources,” he said.