Foundry Creek: Quality Affordable Housing | Richmond News

Richmond News Today | 2 Min News | The Daily News Now! · Jul 9, 2026 · 1m

Foundry Creek, a groundbreaking 344-unit affordable housing complex, just opened its doors—offering quality, energy-efficient homes for families and seniors earning less than 60% of the area’s median income. With rents starting at $1,200 and fully leased family units, it’s already proving in-demand. Backed by Richmond’s Affordable Housing Performance Grant and Bank of America’s financing, this $92M project on 10 acres (formerly Walmsley Gardens) showcases a bold commitment to accessible, dignified housing—and it’s just the latest in a wave of developer-led solutions reshaping the community…