Albemarle Supervisors to Look at Habitat for Humanity's Plans for Southwood
ALBEMARLE COUNTY, Va. (WVIR) - At the next Albemarle County Board of Supervisors meeting, supervisors will take up a performance agreement between the county and Habitat for Humanity for the first phase of a revitalization project at the Southwood mobile home park.
Habitat wants to transform the 350-unit park into a combination of affordable housing options and mixed-income rental units.
Under the agreement, Albemarle County would invest up to $3.2 million in direct contributions and tax rebates for Habitat to build 155 affordable housing units on a 32.5-acre parcel.
Phase one of the project is estimated to cost $94 million with the entire revitalization coming in at $250 million.