A Groundbreaking Event
Wielding ceremonial golden shovels, partners, funders, and community leaders officially broke ground at Langston Park Apartments in Hopewell, Virginia, on July 25. While the amount of earth actually moved that day was relatively small, the act was momentous for the residents of Hopewell and other communities using this project as inspiration for preserving their own affordable housing stock.
CHP and the Hopewell Redevelopment and Housing Authority (HRHA) have partnered to redevelop and expand the 30-unit public housing community using funding from the Virginia Housing Development Authority’s highly competitve nine percent Low-Income Housing Tax Credits (a first for the city of Hopewell) and the U.S. Department of Housing and Urban Development’s new Rental Assistance Demonstration (RAD)program (a first for the commonwealth of Virginia).
As the owner, developer, architect, and contractor of the mixed-income rental community, CHP will demolish the existing out-of-date units and construct 26 new two-bedroom apartments, 26 three-bedroom apartments, and four 4-bedroom apartments. In keeping with CHP’s commitment to creating sustainable communities, the renovation will incorporate environmentally-responsible practices and products to upgrade the five-and-a-half-acre community.
The updated community will be home to families earning at or below 50 percent of the Area Median Income, with 30 of the apartments allotted for residents receiving HUD Project-Based Rental Assistance through the RAD program.
The RAD program is a central part of HUD’s rental housing preservation strategy that was initiated in 2012 and provides a mechanism for housing authorities to convert public and assisted housing properties to Project-Based or long-term Section 8 Rental Assistance communities.