A seven-year effort to put income-based apartments on church-owned land in Northside is about to pay off. Mike Platania of Richmond BizSense reported on Sept. 22 that Commonwealth Catholic Charities (CCC) expects the first residents at Greenway Village, a 56-unit development on Fourqurean Lane near Six Points in Highland Park, by the end of September.
Highland Park and Six Points in context
Highland Park sits in the City of Richmond‘s Northside, north of downtown and a few miles above Jackson Ward. Much of its housing stock is older, dating to the first half of the 1900s. If you are comparing Northside options, our guide to living in Ginter Park covers the neighboring area, and our post on the City’s surplus sites near Q Street and Chamberlayne tracks other Northside housing plans.
What is opening at Greenway Village
The first phase covers 3.25 acres and 14 three-story buildings with one-, two- and three-bedroom apartments, plus a community room and playground. Units are reserved for households earning 40 to 60 percent of area median income. All 14 buildings are targeted for completion by year-end.
CCC started planning in 2019, filed in 2020 and won a special use permit in 2021, followed soon after by an allocation of federal Low-Income Housing Tax Credits, which Virginia Housing administers statewide. Rising costs then forced several redesigns within the approved site plan, which CEO Jay Brown called “a labor of love.” Construction began in summer 2025. The roughly $22 million budget drew on nearly 10 sources, including Virginia Housing, the state’s housing trust fund and the City’s Affordable Housing Trust Fund.
If the permit terminology is new to you, our explainer on rezonings and use permits covers the county versions. In the City of Richmond the tool is a special use permit, approved by City Council for a specific plan.
What it means if you own or are buying nearby
We will not tell you this project raises or lowers home values around Six Points. There is no sales data that could show either, and a given house’s condition, size and recent comparable sales will drive its price. Practically, expect move-in activity through the end of 2026 and 56 more households nearby. If you are touring on nearby blocks, drive by at different times of day and see the finished buildings yourself.
For first-time buyers who earn too much for income-restricted rentals but want to stay in Northside, our guide to Virginia Housing loans and 2026 income limits is a good next read, and our buyer services page explains how we work with you.
Browse homes for sale in Northside
See what is on the market around Highland Park and the rest of Northside on our property search, and use the North Side community page to get a feel for the area before you tour.
City of Richmond, city-wide, single-family detached, August 2026
| Measure | August 2026 | 1-year change |
|---|---|---|
| Median sold price | $403,500 | -5.3% |
| Median days on market | 26 | +44.4% |
| Months of supply | 1.4 | -33.3% |
| Closed sales | 163 | -17.7% |
| Median price per square foot | [DATA NEEDED: median price per square foot, August 2026, by area] | |
These are city-wide figures for the whole City of Richmond, not Highland Park or Northside. Source: CVR MLS via Richmond Association of REALTORS sortable monthly statistics, Richmond City row.
City-wide, homes took longer to sell than a year ago, but supply is still tight at 1.4 months. To price a payment, talk with one of our preferred lenders. CCC also has a 20-unit project with tax credits in hand elsewhere in the city and a mixed-use plan near Shockoe Bottom it will resubmit next year. More coverage is in our Richmond-area news section, and you can save a Northside search on our home search.
Greenway Village and Highland Park: your questions answered
Can I buy one of the Greenway Village units?
No. Greenway Village is a rental community for households earning 40 to 60 percent of area median income. Commonwealth Catholic Charities has not announced sale units, and leasing questions should go to CCC or its property manager.
Who owns the Greenway Village land?
The Catholic Diocese of Richmond owns the land, and Commonwealth Catholic Charities holds a ground lease on it. St. Elizabeth’s Catholic Church and the Diocese are partners on the project.
How much did Greenway Village cost per apartment?
BizSense reports a total cost of about $22 million for 56 units, which works out to roughly $393,000 per apartment. The money came from nearly 10 sources.
What is the difference between a special use permit and building by right?
In the City of Richmond, a special use permit lets City Council approve a use or design the base zoning would not allow, tied to a specific plan and conditions. Building by right means the project already fits the zoning, so it needs permits but no Council vote. Changing an approved permit plan generally requires going back through the approval process.
How are City of Richmond condos and townhomes doing?
City-wide, 38 condos and townhomes closed in August 2026, up 15.2% from a year earlier. The median sold price was $355,000, up 16.4%, with 45 median days on market and 3.2 months of supply, per CVR MLS data via the Richmond Association of REALTORS.
Will Greenway Village change my property tax bill?
Not directly. The City of Richmond assesses homes mainly from sales of comparable properties. A nearby rental development does not by itself change your assessed value, and the real estate tax rate is set by City Council each year.
