April 23, 2024
Community Housing Partners (CHP), which provides affordable and sustainable housing throughout the Southeast and Mid-Atlantic, recently broke ground on its newest community in Blacksburg, Virginia. Stroubles Ridge, which will occupy 24 acres on Merrimac Road, aims to address the pressing need for accessible housing options in the area, particularly for first-time homebuyers and those struggling to find affordable living spaces within town limits.
With 46 residential lots earmarked for construction, Stroubles Ridge will consist of up to 70 units, a mix of single-family homes and duplexes. All residences will adhere to or surpass EarthCraft green building standards, aligning with modern sustainability practices.
Phase one of construction is projected to encompass 20 units over the next 2-3 years, with a focus on households earning up to 80% of the Area Median Income (AMI). CHP is currently working with contractors to install neighborhood infrastructure and utilities over the next several months.
This project reflects the partnership between CHP and the Town of Blacksburg. In 2021, the Town of Blacksburg and Montgomery County approved a plan to adjust the town’s boundary to include the Stroubles Ridge site. The town provided $2 million in Community Development Block Grant (CDBG) funding in support of CHP’s goal of attainable homeownership in this neighborhood. CHP also plans to enter all units at Stroubles Ridge into the New River Home Trust, a community land trust managed by CHP. (Learn more about the New River Home Trust.)
“At CHP, we’re committed to building strong communities and providing affordable homeownership opportunities,” said Jake Powell, CHP’s Director of Homeownership. “Stroubles Ridge is a great example of this approach. By converting all homes into New River Home Trust units, we’re not just building houses. We’re building a neighborhood where residents can invest in their future and feel a sense of belonging.”
CHP will continue to share updates on Stroubles Ridge as construction progresses. Information about eligibility requirements, the application process, and future open houses will be available later this year.