Approve $4.5 million Housing Authority budget with $1 million city subsidy
In Plain English
The Richmond Housing Authority manages 783 affordable housing units but receives insufficient federal funding to cover operating costs. The authority needs $4.5 million to run programs next year but only expects $3.4 million in federal money and rent. If approved, the city provides $1 million from its general fund to balance the budget.
Auto-generated summary. Source: official agenda documents.
Votes
Approve the item
0 to 0
Public Comments
1 public comment — 1 spoken
- Cordell HindlerIn person
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