New $15.3M apartment complex planned for Jackson Ward
Jeremy M. Lazarus | 2/18/2021, 6 p.m.
A 67-unit apartment complex targeting lower-income residents is now headed for a long vacant block of Jackson Ward that sits across from historic Sixth Mount Zion Baptist Church.
The nonprofit Better Housing Coalition is planning the $15.3 million Cameo Street Apartments on 1.6 acres bounded by Jackson, Duval and Cameo streets.
According to BHC, the three-story building that the Baskervill architectural firm is designing will include a mix of one-, two- and three-bedroom units targeting to people with incomes ranging from $21,150 to $53,640, depending on family size.
BHC, created 32 years ago, stated that it will rely heavily on low-income tax credits to develop units for individuals and families earning 50 percent or less of the median income.
BHC, which operates more than 1,400 units in 17 rental communities, purchased the block from a development company in which Jackson Ward developer Ron Stallings is a principal.
The Richmond Redevelopment and Housing Authority had assembled the land as part of an urban renewal initiative for Jackson Ward that dates to the early 1990s and remains unfinished.
