What has Vinay done to increase affordable housing?
I approved every affordable housing development that was brought before the council. In total, I approved the construction of 450 affordable housing units. This is in sharp contrast to my colleagues who opposed the Central Avenue affordable housing project, and now turn around and blame me for not caring about the plight of our low-income renters. Go figure!
I strongly support our collaboration with the Richmond Community Foundation to design social impact bonds. The money is used to fix blighted properties, and sell them at a profit and at below market price to buyers who are graduates of SparkPoint’s Financial education program. This is a fantastic self-sustaining program that addresses all aspects of the situation and requires the city to contribute some logistical help.