Development Division

The Development Division component administers the Home Investment Partnerships Program (HOME) which funds a variety of housing rehabilitation and new housing development initiatives. Furthermore, the division coordinates new single-family housing development under the HOMEbuilder Program at Madison Heights whereby blighted properties are acquired and demolished to facilitate concentrated neighborhood redevelopment.

Concentrated neighborhood revitalization efforts are supported through financial assistance to neighborhood based Community Housing Development Organizations (CHDOs) as evident in the Salters Creek neighborhood. These nonprofit developers provide new affordable housing through the construction or rehabilitation of both single and multi-family housing.

In addition to the development activities supported by the HOME Program, the division includes the Real Estate Services and Redeveloment Project components.

Real Estate Services acquires real property, administers predevelopment activities (i.e. surveys, permits & fees, lot configuration, design) and markets the new homes at Madison Heights through a comprehensive homeownership education program. This component assembles the necessary building lots for Madison Heights and works with the Virginia Housing Development Authority (VHDA), the Virginia Department of Housing & Community Development (DHCD), the Federal Home Loan Bank (FHLB) and private lenders to create an affordable financial package necessary for low-income homebuyers.

The Redevelopment Projects Site Office, located at 3001 Jefferson Avenue, is responsible for planning, organizing and coordinating redevelopment projects. Currently, such projects are located in either the Southeast Community or Downtown Redevelopment areas.

The Office also coordinates the relocation of tenants, homeowners and
businesses in designate redevelopment areas. Furthermore, the Redevelopment Site Office monitors budget expenditures for property acquisition, demolition, and relocation activities in the redevelopment areas. The Office also has responsibility for administering the City's enhanced Residential Property Rehabilitation Tax Abatement Program.