PendingOther
Silk Purse Acquisition
Description
CRHA is asking the city for $3 million to buy 11 of Jeremy Kaplan's properties — 13 deeply affordable units that can't support a conventional loan at current rents.
Impact summary
Keeps 13 families in homes renting about $1,500 below market, avoiding almost certain loss of affordability if sold on the open market.
Applicant
- Name
- Charlottesville Redevelopment and Housing Authority
- Address
- Scattered-site properties in the Tenth and Page and Venable neighborhoods, Charlottesville, VA
At a glance
- Hearings
- 1
- Public comments
- 0
- Total mentions
- 1
Recorded in the meeting · City Council
Discussed
Discussed at 1 meeting in the last 60 days; most recently Sep 9, 2026.
Meeting timeline (1)
Related issues (1)
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