Urban Studies and Planning Commons^™

Expanding Housing Opportunities And Preserving Character In Historic Neighborhoods, Jessica R. Russo

Master of Urban and Regional Planning Capstone Projects

The City of Richmond has been experiencing population growth and rising housing costs in recent years, leading to spatially uneven revitalization and growing affordability concerns. The historic neighborhoods in the city are part of what makes Richmond unique and a desired city to live in. Many historic neighborhoods are seeing rapid revitalization contributing to rising housing costs and displacement concerns, while others have persistent high vacancy rates and deteriorating historic buildings. Overall, residents across the city struggle with affordability, as 45% of city residents are cost-burdened. With these conditions, it highlights the need and opportunity to put strategies in place …