St. Luke Apartments asks state to finance renovation, Henrico offers conditional support

(RECAP: After months of public scrutiny and pointed negotiating between local officials and an out-of-state company, Henrico County’s largest federally subsidized housing community is a step closer to receiving much-needed renovations. “This is a long-term commitment,” said Ernst Valery, a managing member of SAA | EVI Development, which also plans to pursue tax-exempt bonds in addition to the low-income housing tax credits it has requested of the Virginia Housing Development Authority.)

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