City Manager: Virginia Village Multistory Building Key to Expanding Affordable Housing
City presses ahead with plans to issue a request for proposals to nonprofit developers this spring.
Plans and Policies
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City Staff, Council Explore Applying a Commercial and Industrial (C&I) Real Estate Tax
The C&I tax, up to 12.5 cents/$100 of assessed value, would apply only to non-residential commercial properties and be used for expanding transportation infrastructure.
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Lee Park II – A Third Luxury Townhome Development in Park Avenue’s T-Zone
Lee Park II continues the trend in the T-Zone for luxury townhomes. This project has to accommodate a restrictive covenant and serious stormwater issues. Staff is showing some strain accommodating the new approval process.
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Social Safety Net, Metro Funding Top 2026 Legislative Program
City Council establishes the City’s legislative priorities and positions for the upcoming General Assembly in Richmond.
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Council Advocates Return of Site Plan Authority to Planning Commission
Update: City Council makes return of site plan approval authority to the Planning Commission part of its 2026 legislative program.
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FY2027 Guidance: Budget Increase to be Financed by Higher Taxes from Single-Family Homeowners
In the City’s FY2027 guidance, the budget increase relies on a 6% projected increase in single-family home assessments and higher car taxes, while other properties and revenues remain flat. FCCPS staff are to receive a 5% salary hike.
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Council Mulls Proposed Process to Redevelop Virginia Village
The Council discussed a staff proposal to redevelop the nine quadplexes it owns in Virginia Village with the expressed goal of creating more affordable housing.
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Housing Commission, Staff Stress Preservation of Expiring ADUs
While the City added 99 affordable dwelling units (ADU) in 2025, 111 ADUs at Pearson Square and The Fields are set to expire between 2027 and 2029.
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Growth in the Little City and a Tax Base Still Dependent on Single-Family Homes
From 2013 to 2025, the City added 1,987 housing units in mixed-use developments. City leaders wanted to expand the tax base that was heavily reliant on single-family homes. Our analysis shows that strategy had limited success.
