Richmond Advisory Plan Commission of July 22, 2026

The Richmond Advisory Plan Commission held a meeting on July 22, 2026, primarily to consider Order 1-2026, which involved approving the Richmond Development Commission Declaratory Resolution 3-2026 to create a new Tax Increment Financing (TIF) district called Downtown Allocation Area Number Three. The TIF district covers seven historic downtown buildings owned by AP Development and aims to support redevelopment including 100 apartments and related commercial development, as well as potential infrastructure improvements. The commission reviewed the proposal and found it consistent with the Richmond 2025 comprehensive plan, particularly supporting strategic growth, historic preservation, and housing diversification objectives. The motion to approve the order was unanimously passed by the members present. Additionally, there was discussion about improving commission member attendance to ensure quorum for future meetings, emphasizing the importance of efficiency for developers and the city.