Great news for the Greater Wards Corner Area!! According to the Virginian-Pilot
The city plans to spend up to $8.7 million over five years to help strengthen two neighborhoods.
The Ingleside and the Monticello Village/Oakdale Farms areas will be the target of a pilot program where the city will give them special attention in hopes of improving housing conditions, bringing up property values and increasing homeownership.
The money would go toward programs including down payment assistance, improving rental housing and selling off unused city property to improve the availability of owner-occupied housing.
The funding would impact an estimated 22 houses, mostly through the city’s Renovate Norfolk program, which gives grants to homeowners for improvements such as facade work and structural repairs.
The program would focus first on bolstering blocks where property values are already strong and expand from there.