Henrico to create trust to enhance access to affordable homeownership

Trust will be established at $60 million, supported with dedicated revenue stream

Henrico County will establish an affordable housing trust with $60 million in cash and a dedicated revenue stream from new economic development, transforming local efforts to make homeownership possible for more of the area’s workforce.

“Using our affordable housing trust, Henrico County will work with partners to buy buildable lots in communities throughout the county to create homes that will be affordable today, tomorrow and forever,” said Board of Supervisors Chairman Tyrone E. Nelson, of the Varina District. “This is another example of Henrico County’s strong leadership on a tough issue. It shows we’re committed to working with partners in the private and nonprofit sectors to fulfill our vision for One Henrico – a place that welcomes, values and supports everybody.”

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Universal broadband in Henrico advances with $725,000 in federal funding

Access to fast, reliable internet in all corners of Henrico County is closer to reality, with a federal appropriation of $725,000.

U.S. Rep. Jennifer McClellan, of the 4th Congressional District, on Monday presented county officials with an oversized check for the amount to support a project that will extend broadband service to the outer edges of the Varina District. The $6.5 million project, which is under design and targeted for construction in 2025, will install 87 miles of fiber-optic cable to an estimated 412 addresses that are currently unserved.

Speaking outside the Varina Area Library, which has broadband access, McClellan said the issue is a matter of equity and inclusion.

“We know that the portions of America that are not connected are the most expensive to connect,” she said, “and that’s why, between the state’s VATI grants and the bipartisan infrastructure bill and this community project funding, the state and federal government are stepping in to help close that digital divide. And this will make a meaningful difference in the lives of Henrico County residents.

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Henrico property owners to save on flood insurance due to new certification

Henrico County property owners will be able to save on flood insurance costs beginning in October with the county's participation in the Federal Emergency Management Agency’s Community Rating System (CRS). The county is entering the system with a rating of Class 5* — one of the highest in the state and the highest ever obtained by a municipality in its first year under the current program requirements, according to FEMA.

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Henrico Board of Supervisors approves proposed budget for fiscal 2024-25

Plan retains 85-cent real estate rate, supports RECAP program, doubles BPOL exemption, advances bond projects, reinvests in education, safety, employees

UPDATE: The Board of Supervisors voted unanimously April 9 to adopt the county’s proposed budget for the 2024-25 fiscal year. The approved budget added $4.5 million to create a reserve fund for Henrico County Public Schools to expand planning periods at elementary schools and $89,500 to fund a community health worker position. It also adjusted funding for several nondepartmental agencies.

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Henrico CARES signals ‘call to action’ to strengthen youth mental health services

Plan focuses on service access, coordination, navigation in schools, community

With children and teenagers struggling more than ever with depression, sadness and hopelessness, Henrico County and Henrico County Public Schools (HCPS) are implementing a plan to strengthen access to high-quality mental health services by making them more available in schools and expanding efforts focused on prevention, support, and early and intensive intervention.

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Henrico’s triple AAA bond ratings reaffirmed

County prepares to issue $121 million in bonds for schools, other projects

Henrico County’s triple AAA bond ratings – the highest possible endorsement of its creditworthiness – have been reaffirmed ahead of a sale of bonds to improve schools and other public facilities.

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Henrico earns $1.4 million grant to create EV charging station network

Federal funds will help develop stations for public use at seven county facilities

Henrico County will install electric vehicle charging stations at seven locations, including at libraries, parks and recreation facilities and government centers, after being awarded a $1.4 million federal grant to promote clean energy and reduce dependence on fossil fuels.

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Henrico to buy 2,095-acre Varina Farms for land preservation

Tobacco – and Virginia’s prosperity – took root at former riverfront plantation

The Henrico County Board of Supervisors voted today to buy Varina Farms, a 2,095-acre former plantation along the James River that will be preserved for its historical significance, natural beauty and sensitive environment.

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