RICHMOND CITY
COUNCIL
Richmond
City Council – Richmond City Hall - 900 E. Broad Street, Suite 305 - Richmond, Virginia 23219 - www.council.richmondva.gov
COUNCIL PUBLIC
INFORMATION NEWS ADVISORY
IMMEDIATE RELEASE TO BE FORWARDED AND SHARED
Tuesday,
18 February 2014
Tonight: Councilwoman Ellen F.
Robertson invites all to attend the 2014 Richmond Affordable Housing Trust Fund
Meeting: Investing in Richmond Housing
All residents invited and encouraged
to attend
WHAT (Richmond,
Virginia U.S.A.) - The Honorable Ellen F. Robertson,
Councilwoman, Richmond City Council Richmond Gateway 6th Voter District, invites
everyone to attend the 2014 Richmond Affordable Housing Trust Fund
Meeting: Investing in Richmond Housing. Hosted by the Richmond
City Council Affordable Housing Trust Fund Advisory Board, the planned agenda
includes the following:
Welcome
Councilwoman
Ellen F. Robertson, Richmond City Council Richmond Gateway 6th Voter District
Topic
Final Recommendations to the Mayor
regarding Options of Funding the Richmond Affordable Housing Trust Fund
Board
Presentation by the Richmond City Council Affordable Housing Trust
Fund Advisory Board
Q&A
Public Input, Questions and Answers
Attendees are invited and encouraged to ask questions, provide
input and discuss affordable housing.
The Richmond Affordable Housing
Trust Fund was created to help build an even stronger community by establishing
a dedicated ongoing public funding stream to produce, provide, increase and
preserve access to affordable housing in Richmond for families and individuals.
WHEN Tuesday, February
18, 2014
6:00-8:00
p.m.
WHERE Richmond
Times-Dispatch - Conference Room
300 E.
Franklin Street; Richmond, Virginia
23219 U.S.A.
Free
Parking is available in the Parking Deck located on 3rd Street,
between
Grace and Franklin Streets
WHO The
Honorable Ellen F. Robertson, Councilwoman
Richmond
City Council Richmond Gateway 6th Voter District
CONTACT For
more information, please contact Councilwoman Ellen F. Robertson,
BACKGROUND
______________________________________________________________________
Affordable
Housing
Affordable
housing serves as a measure of the overall wellbeing, livability and success of
thriving communities. A stable living environment is a core foundation for
helping families, children and individuals begin to grow, prosper and prepare
for life-long achievement and success. Important to the existence and
availability of affordable housing is the leadership and support of individuals
and public, private and nonprofit entities.
Richmond City Council
Affordable Housing Trust Fund Advisory Board
Established by Richmond City Council on July 23, 2012 by Richmond City
Council Ordinance Number 2012-156-125, the purpose of the Richmond City Council
Affordable Housing Trust Fund Advisory Board is to submit a report containing
the Board's advice and recommendations concerning appropriateness of such
regulations, operational policies and procedures for using the Richmond
Affordable Housing Trust Fund, with respect to the following:
1. The ways in which the City may ensure the sustainability and proper
use of the Fund over time and any conditions under
which the Council should establish an oversight board or
board of trustees to administer the Fund.
2. Potential dedicated revenue sources for the Fund.
3. The ratio of grants to loans to be disbursed from the Fund.
4. In accordance with the advice of the City Attorney or the designee
thereof, the ways in which the City may lawfully
encourage recipients of disbursements from the Fund to employ individuals of low and
moderate income households in the projects for which funds are expended in
accordance with the purposes of the Fund.
5. In accordance with the advice of the City Attorney or the designee
thereof, the ways in which the City may lawfully
encourage minority business enterprises, as defined in Chapter 74 of the Code of
the City of Richmond (2004), as amended, to participate in the City’s efforts to
accomplish the purposes set forth in section 58-101 of the Code of the City of Richmond (2004), as amended.
6. Any other factors or considerations, as the Board may identify,
affecting the City’s ability to achieve the purposes of the
Fund.
- E N D -
Steve Skinner
Council Public Information Manager
RICHMOND CITY COUNCIL
OFFICE OF THE COUNCIL CHIEF OF STAFF
Richmond City Hall
900 E. Broad Street, Suite 305
Richmond, Virginia 23219 U.S.A.
804.646.6052 (office)
804.335.4054 (mobile)
804.937.1386 (home/mobile)
804.646.5468 (fax)
steven.skinner@richmondgov.com (email)
www.council.richmondva.gov(website)
____________________________________________________
MISSION The mission of Richmond City Council is to
represent citizens in creating and amending local laws,
providing government
policy and oversight, and
approving the city budget.
VISION Richmond City Council is committed to
creating a vibrant community that is a great place
to live, work, learn, play, visit and raise a family.
