Redevelopment Case Study Series: Kiwanis Towers, Richmond
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Purpose:
Since 1959, Richmond Kiwanis Seniors Housing Society operated housing for low-income seniors. In 2009, the society reached an agreement with developer Polygon Homes to sell part of the land so Kiwanis could access funds to redevelop their portion of the site, while Polygon Homes could use their portion for private housing. The redeveloped Kiwanis Towers site has 296 one-bedroom units in two towers that serve low-income seniors.
Impact:
The Affordable Housing Redevelopment Lessons Learned: Building Knowledge Case Study series supports the non-profit sector in building capacity and finding ways to become more self-sufficient and increase housing options.Theme:
Housing sector transformation
Category:
Tools For Developing Social Housing
Published:
10/1/2018
Partners:
Audience:
developers, non-profit housing providers
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