The Vision
Through a resident-led process, a group of partners are working together to revitalize Charlottesville’s 376 units of Public Housing. In addition to replacing these existing units with safe, comfortable and modern homes, the group also intends to generate significant more affordable housing on the Charlottesville Redevelopment and Housing Authority’s (CRHA) 40 acres of land within the city, helping to address the affordable housing crisis.
The Affordable Housing Opportunity Fund (AHOF) was established by Dave Matthews Band and Red Light Management to help raise the funds to make this work possible. Following DMB and Red Light Management's catalyzing gift of $5 Million to the fund, the group has now raised a total of $28M towards a goal of $30M. This private philanthropy helps leverage federal, state and local funding to help build what will ultimately be approximately $200M worth of new, affordable housing.
Construction Updates and Photos
"Housing is more than shelter. Research shows that stable, affordable housing is a lifeline to educational success, health and well-being, and economic security."
-MacArthur Foundation President Julia Stasch