Howard Email Notifier 2.03 instal the new

“Having a sufficient supply of housing that is affordable to our workforce, at all points along the income continuum, is critical in supporting a vibrant and sustainable local economy.”

“Research shows that having access to stable, quality housing in good neighborhoods is associated with education, positive health and welfare, as well as economic outcomes for individuals and families,” said Dan Cohen, director of the county’s Community Enhancement Department.

When more than 30% of a household’s income is allocated to housing, the household becomes cost-burdened and may struggle to afford other basic life needs such as healthcare, childcare, and transportation. One-quarter of Chesterfield households spent more than 30% of their pretax income on monthly mortgage or rent payments – a national benchmark on the affordability of housing – in 2020. Housing costs have risen faster than household incomes over the last several years. In January 2020, the Partnership for Housing Affordability released a report that concluded the Richmond region has a significant shortage of residential units that are affordable to people with low and moderate incomes. Better Housing Coalition is building a 160-unit affordable apartment project, Winchester Forest, in the Route 1 corridor.

Howard Email Notifier 2.03 instal the new