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Steps to Achieve this Part of Gayle's Plan

8. Affordable Housing

Over half (51%) of Richmond residents are renters, a group that is often at the mercy of unfair eviction practices. I am committed to making Richmond a place where the rights of good tenants and of good landlords are protected. I am also committed to expanding homeownership opportunities to people of all incomes. A balanced housing strategy for Richmond includes protecting existing affordable housing, making additional permanently affordable housing available, and increasing the overall housing supply. The City must adopt smart policies that allow the private market, the nonprofit sector, and government to work together to keep the city affordable.

As mayor, I will:
Implement strong “Just Cause Eviction” and “Fair Rent” protections to allow tenants
to stay in affordable homes.
Preserve the City's affordable housing by preventing the demolition of sound housing
and by making low-interest financing available to maintain and upgrade housing.
Increase affordable homeownership opportunities through limited-equity
homeownership, community land trusts, first-time homebuyer assistance, and other
innovative programs.
Address the growing disparity between household income and housing costs.
Expand affordable rental housing by providing additional funding for the construction,
purchase, and rehabilitation of nonprofit, permanently affordable rental housing.
Encourage more mixed income housing within residential developments, putting more
emphasis on actual building of affordable units and less allowance of “in lieu” fees coming
from developers.

point 9 >>