More than $40 million has been proposed for affordable housing, anti-displacement measures, and safety improvements in Richmond’s Fiscal Year 2027 budget. Mayor Avula presented these proposals on February 27 alongside city leaders and community partners, ahead of the full budget release scheduled for March 11.
Mayor Avula stated that the future of Richmond relies on addressing both housing and public safety needs to ensure residents at all income levels have access to stable homes in safe neighborhoods with strong public amenities. He highlighted several major proposals for FY27:
The Affordable Housing Trust Fund is set to receive $11.7 million, following a recent redesign and unanimous approval. An additional $1.8 million is allocated for Affordable Housing Performance Grants aimed at increasing the production and preservation of affordable homes.
A person-centered approach will guide public housing redevelopment efforts, including $1.6 million to move forward with the next phase of Creighton Court redevelopment and new funding to support the “people plan” for Gilpin Court. This plan includes engagement, whole-family case management, and transition planning.
Anti-displacement strategies are also emphasized in the proposal. The budget includes $700,000 for Right to Counsel services, $1 million each for Family Crisis Funds and eviction diversion programs to help tenants remain in their homes, as well as $7.4 million in tax relief targeted at older adults and residents with disabilities.
Safety improvements are addressed through a proposed $15.6 million investment in renovations and upgrades at the John Marshall Courthouse.
“These investments increase the supply of housing, help long‑time residents remain in their communities, and support safe, stable neighborhoods as Richmond continues to grow,” said Mayor Avula.
Joining Mayor Avula were Odie Donald II, Chief Administrative Officer; Councilmember Ellen Robertson (6th District); city officials from housing, economic development, public safety, and emergency preparedness departments; as well as community partners Jovan Burton from Partnership for Housing Affordability, Laura Lafayette from Richmond Association of Realtors, Ciera Frye from Southside Community Development and Housing Corporation, and Rev. Donté McCutchen from Love Cathedral Community Church and Heart For The City.
The complete FY27 proposed budget will be released publicly on March 11 before being submitted to City Council for review. More information about the process can be found at FY27 Budget Season | Richmond.
