Nevin Plaza Phase II aims for 5-story building with 76 affordable units

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Nevin Plaza Phase II aims for 5-story building with 76 affordable units
Nevin Plaza II project will be a new building constructed adjacent to the renovated Nevin Plaza Phase 1 development (Google Maps, March 2025).

Richmond officials and nonprofit developer EAH Housing convened a public meeting Tuesday to introduce Phase II of the Nevin Plaza affordable housing project at 2400 Nevin Ave., adjacent to the recently renovated Nevin Plaza I. 

EAH Housing is working in partnership with the Richmond Housing Authority (RHA), the landowner, to deliver 76 units of affordable senior and special-needs housing. The 0.5-acre site will feature a five-story structure with 19 studios (412 square feet) and 56 one-bedroom apartments (530–590 square feet), alongside property management offices, a community room, bike storage, a central courtyard, and a shared podium parking garage offering 38 spaces for residents of both phases, according to Neil Saxby, an affordable housing development consultant that is working with EAH on the project.

Parking availability during construction and priority access for Phase I tenants were key community concerns posed during the meeting.

Affordability will target households earning between 30 to 60 percent of Contra Costa County’s area median income, translating to monthly rents around $774 for studios and $1,120 for one-bedrooms. Additional resident amenities include EV charging capability, ceiling fans, controlled-access entries with key fobs and cameras, and heightened security measures on-site.

Phase I comprised of a $95 million investment involving full rehabilitation of the existing seven-story, 140-unit senior housing tower. It was funded through a complex financing mix including low-income housing tax credits, Section 8 vouchers, U.S. Bank financing, HUD support, and assistance from Richmond and Contra Costa County. In December 2024, the RHA advanced Phase II by entering into a ground-lease and Land Disposition and Development Agreement with EAH and declaring the site exempt surplus land under state law.

Moving forward, Phase II plans will be submitted to city planners in August under Senate Bill 35, which aims to expedite affordable housing projects by bypassing certain review processes. If accepted, EAH will immediately seek state funding for construction, targeting a groundbreaking at the very earliest in 2027. However, because state rounds are highly competitive, delays in funding could postpone construction to 2028 or beyond. Once permits and financing align, construction is estimated to take 18–24 months.

This project forms part of the city’s broader strategy to address its Regional Housing Needs Allocation and provide safe, affordable housing for seniors and disabled residents.

Residents interested in learning more or submitting feedback can visit the City’s project portal, contact EAH at [email protected], or call (510) 374‑4658.Â