1622 W. Market Street - 103

These units are part of the Project-Based Vouchers (PBV) Program, meaning that rent is determined based on the tenant's income. This ensures that housing remains affordable for those who qualify. The Richmond is an affordable apartment community situated in the Russell neighborhood, just minutes from downtown. The newly constructed property, built in 2025, features three stories and offers 15 units, including spacious 1- and 2-bedroom living options. The modern open floor plan comes with granite countertops, stainless steel appliances, in-unit laundry, walk-in closets, and private patio spaces for each unit. The Richmond offers controlled access entry and features on-site security cameras with 24/7 monitoring, providing residents with peace of mind and enhanced security in their living environment. Smart Wi-Fi Enabled Locks. Private and on-street parking. No Pets Policy. Income-restricted at 50% of AMI, which is currently: 1 person: $33,850; 2 person $38,650; 3-person $43,500; 4-Person $48,300.