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$40M bonds for Rady Flats development

City of Richmond
Disclosed value
$40,000,000
From agenda
Document date
Nov 10, 2025

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THE 30-SECOND BRIEF

What it covers

Richmond Redevelopment and Housing Authority seeks approval to issue $40 million in multifamily housing revenue bonds for the Rady Flats project at 2811 Rady Street, aimed at constructing 288 residential units.

Who holds it

Richmond Redevelopment Housing holds this bond issuance contract with City of Richmond.

Contract details

Contract type
Bond Issuance
Amount
$40,000,000
Document date
November 10, 2025
Term
NA
Vendor
Richmond Redevelopment Housing
Agency
City of Richmond
Source document
city-of-richmond-city-council-agenda-november-10-2025_523.pdf (Agenda)

Richmond Redevelopment Housing's other public contracts

City of Richmond, Virginia$9M bond issuance for West Commerce housing · Nov 10, 2025$9MCity of Richmond, Virginia$40M bonds for Rady Flats housing · Nov 10, 2025$40MCity of Richmond, Virginia$45M bond issuance for Joyfield apartments · Nov 10, 2025$45MCity of Richmond, Virginia$9M funding for Commerce Road housing · Nov 10, 2025$9MCity of Richmond, Virginia$45M investment in Joyfield housing · Nov 10, 2025$45MAll Richmond Redevelopment Housing contractsVendor profile

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Questions about this contract

Who was awarded the bond issuance contract by City of Richmond?

Richmond Redevelopment Housing was awarded this bond issuance contract by City of Richmond, as recorded on November 10, 2025. The contract value is $40,000,000.

How much is the Richmond Redevelopment Housing contract with City of Richmond worth?

The Richmond Redevelopment Housing contract with City of Richmond is valued at $40,000,000, covering bond issuance work.

What type of contract is this?

This is a Bond Issuance contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-richmond-city-council-agenda-november-10-2025_523.pdf (Agenda), dated November 10, 2025 from City of Richmond. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Richmond Redevelopment Housing hold?

Richmond Redevelopment Housing may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Richmond currently buying?

Explore City of Richmond's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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