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Residents press council to fully fund Affordable Housing Trust Fund as $2 million allocation wins approval
Summary
Council adopted the consent agenda including a $2 million deposit to the Affordable Housing Trust Fund after dozens of public commenters and faith leaders urged the council to follow the ordinance that dedicates expiring tax abatements to the fund and to prioritize households at 30% AMI and below.
The Richmond City Council adopted its consent agenda on Nov. 11, 2025, which included item 10: a $2,000,000 allocation to the Affordable Housing Trust Fund. Dozens of residents, faith leaders and advocates urged the council to not only approve the allocation but to follow the city’s ordinance that dedicates expiring tax-abatement revenues to the trust fund and to ensure 30% of the fund’s dollars reach households at 30% of area median income (AMI) and below.
Reverend Marvin Gilliam, pastor at Mount Carmel Baptist…
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