City Council Approves $11M Housing Development for First-Time Homebuyers and Seniors

July 25, 2025 | Harrisonburg (Independent City), Virginia


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City Council Approves $11M Housing Development for First-Time Homebuyers and Seniors
The Harrisonburg City / HRHA Liaison Committee meeting on July 25, 2025, focused on significant developments in local housing initiatives, particularly the construction of new townhomes aimed at first-time homebuyers. The committee reported securing approximately $11 million in state housing trust funds and a $1 million grant from the Federal Home Loan Bank of Atlanta, which will support the construction of around 100 townhomes, 35 single-family homes, 63 units of senior housing, and 83 multifamily units.

Construction is anticipated to begin this fall, pending the finalization of infrastructure funding. The contractor selected for the project, A and J, is well-regarded in the local community. The townhomes will be marketed primarily to first-time homebuyers with incomes ranging from 60% to 120% of the area median income (AMI), which is currently about $95,000 for a family of four. This adjustment aims to broaden access to affordable housing for lower-income families, including teachers and essential workers.

The committee emphasized the importance of maintaining affordability, noting that the average cost for a three-bedroom apartment in the city is around $1,600. The new homes are expected to be priced similarly, providing a viable option for families seeking homeownership. The planning commission will review the project in September, with a presentation to the city council scheduled for October.

Overall, this initiative represents a significant step towards addressing housing needs in Harrisonburg, particularly for first-time buyers and lower-income families. The committee is optimistic about the project's potential to enhance community living and provide essential housing options.

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