Affordable Rentals

We understand that looking for housing can be stressful.

This is why Urban Hope is a long-term sustainability program for individuals seeking affordable housing and/or pathways to homeownership.

Our housing stock consists of 1-3 bedroom units and one 4 bedroom unit. While we are working to increase our capacity to house larger families, we are limited to the current layout of our community. We welcome Housing Choice Voucher holders.

Due to the affordability of our rental units, we have a low vacancy rate throughout the year. However, being placed on our waiting list and working through regular one-on-one financial coaching is the fastest and easiest way to move into an Urban Hope unit.

Check out our initial qualifications and fill out our program interest form below.

Find out if you qualify:

Unfortunately, Urban Hope is unable to assist with immediate rentals or crisis-centered services.

If you have an emergency please contact your local Department of Social Services or call their customer care center at 3-1-1.
You can also call the Homeless Connection Line at (804) 972-0813 or the Housing Resource Line at (804) 422-5061 if you are homeless or at risk of losing your home.

Initial Qualifications

  1. Willingness to live in the East End of Richmond

  2. Willingness to attend monthly financial management sessions

  3. Must be employed or have another source of income for at least six consecutive months

  4. Willingness to save first month's rent and deposit

  5. Income is no more than 80% of the Area Median Income (AMI) for your household size for affordable rentals

  6. Willingness to sign a month-to-month lease for the first year


 

Please note that all Urban Hope properties are located in the East End of Richmond only.  Participants are placed based on affordability and housing availability. Please see the chart below to understand the minimum rental price that can be allowed for units in our housing stock. We base these figures on what it costs to keep the home safe, while providing quality affordable housing.

Our Process, How We Calculate Affordability & Moving In

Calculating Rent

Application Process

Moving In

 

For other affordable housing opportunities: