A new-to-Richmond approach to facilitating homeownership while adding to the city’s housing stock is beginning to take shape in North Church Hill.
The nonprofit Maggie Walker Community Land Trust celebrated the groundbreaking of its first single-family home at a ceremony Thursday. The 1,600-square-foot home, to be built on a vacant lot at 1114 N. 26th St., is designed to provide permanent affordable housing through a “pay-it-forward” approach to help qualified owners build equity.