New grant funding for 512 Hull Street LLC approved

The committee recommended approval of Ordinance 2024-321 to create a new Central Appropriations line item for 512 Hull Street, LLC and appropriate $92,722.00 for an economic incentive payment. The funding will support affordable housing development through a grant agreement with the Economic Development Authority.

Scope & details

The full contract record, as filed.

Contract amount

$92,722.00

Contract type

FINANCIAL_SERVICES

Renewal

Funding is provided pursuant to the Grant Agreement authorized by Ordinance 2024-195 for affordable housing development; any renewals or future appropriations would require additional Council action not specified here.

Document type

Minutes

Source document

finance_and_economic_development_standing_committe.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Richmond?

512 Hull Street Llc was awarded this financial services contract by City of Richmond, as recorded on December 17, 2025. The contract value is $92,722.00.

How much is the 512 Hull Street Llc contract with City of Richmond worth?

The 512 Hull Street Llc contract with City of Richmond is valued at $92,722.00, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in finance_and_economic_development_standing_committe.pdf (Minutes), dated December 17, 2025 from City of Richmond. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does 512 Hull Street Llc hold?

512 Hull Street Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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