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Richmond Housing Authority adopts 2026 annual plan and five‑year roadmap; Nevin Plaza renovations complete
Summary
The Richmond Housing Authority voted to adopt its 2026 annual plan and updates to its five‑year plan, highlighting completed renovations at Nevin Plaza, steps to advance Nestrom Village redevelopment and use of ARPA funds for predevelopment work. The board approved the plan unanimously and will submit it to HUD.
The Richmond Housing Authority adopted its 2026 annual plan and updates to a five‑year strategic roadmap covering through 2030, the authority’s executive director told commissioners and members of the public on April 6.
Antonet Terrell, RHA executive director, said the annual plan documents capital funding needs and program priorities required by the U.S. Department of Housing and Urban Development and that the five‑year plan provides a longer strategic frame for asset repositioning and resident services. She reported that Nevin Plaza Phase One construction is complete, with 140 units fully renovated and leasing underway, and that Phase Two has advanced to a land‑lease, disposition and development agreement and environmental review.
Terrell also outlined progress on the Nestrom Village redevelopment, including selection of a development partner and an exclusive rights to negotiate agreement executed last year; in March 2026 she said the authority received a commitment for a housing assistance payment (CHAP) contract from HUD and executed key land and development documents that allow the project to move forward. The authority is continuing environmental review and Section 106 consultation ahead of construction, she said.
Terrell described the authority’s use of American Rescue Plan Act (ARPA) dollars for predevelopment activities and targeted site improvements, and reported that roughly $176,000 has been expended with a pending drawdown of about $571,000 (staff characterized the total as about $747,000 and representing roughly 37% of an allocation). She said Richmond Village repositioning remains in due diligence and that a financing submission to HUD is anticipated by September 2026.
After the presentation the public hearing was opened. Jesse Tran, who identified himself as an unhoused Richmond resident, criticized city and nonprofit coordination on homelessness and urged more rapid, organized use of federal and local funds. Cordell Hendler told commissioners he supported the report and recommended approval.
Commissioners moved to approve the annual and five‑year plan and to authorize submission to HUD. The motion passed unanimously. The authority’s staff will now transmit the approved plans to HUD and continue the public engagement and environmental steps required for redevelopment projects.
The authority’s presentation materials summarize required HUD elements, describe ongoing RAD and Section 18 repositioning work and list near‑term tasks for Nestrom Village and Richmond Village, including additional community engagement in April and further environmental and financing work through 2026.
The board closed the public hearing and took the formal vote; commissioners said they would continue tracking redevelopment milestones and funding draws as the projects move from planning to construction.
