Henrico to celebrate rehabilitation, sale of home on Fayette Avenue

A rehabilitated home at 629 Fayette Ave. will be sold this month to a first-time homebuyer following an extensive improvement project guided by Henrico County.

Representatives of the Henrico Department of Community Revitalization, Southside Community Development & Housing Corp., Better Housing Coalition and others will gather at the home on Thursday, Nov. 15 to celebrate its transformation.

The event will begin at 10:30 a.m. and will feature tours of the property and remarks by project leaders, Fairfield District Supervisor Frank J. Thornton and Marie Bailey, who is scheduled to buy the home. The 1,576-square-foot, ranch-style property was built in 1953 in the Fayette Park subdivision, off Richmond-Henrico Turnpike near Richmond International Raceway.

Southside Community Development & Housing Corp., a nonprofit community development corporation, bought the vacant and dilapidated home in foreclosure for $30,000, using funds provided to Henrico by the federal HOME program, which supports efforts to create housing for individuals with low and moderate incomes. Better Housing Coalition was hired as a contractor and recently completed more than $70,000 in improvements.

The rehabilitation project highlights Henrico’s approach to using HOME funds, a portion of which is set aside to help first-time homebuyers. With the Fayette Avenue project, the Department of Community Revitalization focused on a vacant property that had become blighted and a persistent challenge for the community and the county.
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Free weekly 5k coming to Henrico

The Richmond metro area is no stranger to 5k races and events. To participate in most 5k events, runners must register and pay a fee. But the Parkrun organization will be providing Henrico County with a free 5k every Saturday at Deep Run Park starting June 3.

Parkrun began in England in 2004 and eventually found its way to the U.S.

The Deep Run Parkrun program will be the 10th one in the U.S., said Darrell Stanaford, the country manager for Parkrun USA. > Read more.

State Police urge motorists to #MoveOver during Memorial Day weekend

Memorial Day signifies the official start of summer, and Virginia State Police officials are urging motorists to "do what’s right when they see lights" and move over.

The “Move Over” law is a lifesaving law intended to protect public safety professionals and highway workers who help to maintain the safety of the Commonwealth’s roads. State Police are using the #MoveOver hashtag on social media to promote the law. > Read more.

Henrico to hold June 8 open house on Route 5 Corridor/Marion Hill study

The Henrico County Planning Department will hold an open house Thursday, June 8 for residents and other members of the public to provide input for a study of the Route 5 Corridor/Marion Hill areas.

The open house will be held from 4:30 to 7:30 p.m. at the Varina Area Library, 1875 New Market Road. The meeting’s informal structure will allow the public to attend at their convenience and to ask questions and discuss the study one on one with Planning staff. > Read more.

Henrico real estate staying strong despite low inventory

The Henrico real estate market has been relatively strong for the past month, despite a lower amount of inventory, according to data from Long and Foster Real Estate.

In the past month, 408 homes have been sold in Henrico, which is 2 percent less than were sold in the same timeframe in 2016.

Last year the median sale prices for Henrico homes was $219,975, whereas this month it's up to $232,500, a 6 percent increase. Which means half of the homes in Henrico are priced above $232,500 and half are priced below. > Read more.

Smither named director of Henrico’s Department of Finance

Henrico County Manager John A. Vithoulkas has appointed Edward N. “Ned” Smither Jr. to serve as director of the Department of Finance, effective July 1.

Smither has served Henrico since 2013 as director of the Accounting Division in Finance. He will succeed Eugene H. Walter, who has delayed his retirement until June 30 to ensure an orderly transition within the department.
> Read more.

Henrico Business Bulletin Board

May 2017
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Great Strides, the Cystic Fibrosis Foundation’s largest national fundraising event, will start at 10 a.m. in Innsbrook’s North Shore Commons. This family-friendly event features a healthy 5k walk, children’s activities, food and other festivities. The funds raised from Great Strides helps provide people with CF the opportunity to lead full, productive lives by funding research and drug development, promoting individualized treatment and ensuring access to high-quality, specialized care. For details, visit http://tinyurl.com/GreatStridesRichmond. Full text

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