County applies for $1.25M in federal funding for Southwood | Apartment Loan Depot Since 2005 – Fannie Mae and Freddie Mac Multifamily Loans Nationwide

(RECAP: Albemarle County is hoping to start the first phase of an ambitious affordable housing development with $1.25 million in federal funds. The county has partnered with Habitat for Humanity of Greater Charlottesville to redevelop the Southwood Mobile Home Park into a mixed-income neighborhood. “The Virginia Housing Development Authority and the Department of Housing and Community Development are looking for ways to support larger, more impactful projects by combining funding sources and awarding them to larger, neighborhood-scale-type endeavors,” Rosenweig said.)