Brady Square, Phase 1 is the first of a multi-phase development project that will ultimately deliver 264 units of new affordable housing to Richmond, Virginia.
Brady Square will comprise one, two, and three-bedroom garden and townhome-style apartment units within two-story residential buildings.
Dakota was among several firms that were recipients of part of the $10.3 million investment in Affordable and Special Needs Housing (ASNH) loans. Funding from the Virginia Housing Trust Fund will help finance the construction of Brady Square, Phase 1.
Phase 1 will include the construction of 66 units and a community building, and is anticipated to start in late 2020.