The City of Hampton announced Sledge’s rehire Wednesday, the same day BizSense reported his planned departure after five years as Richmond's economic development director.
A national housing nonprofit announced Tuesday that it will match Richmond’s five-year $50 million investment in affordable housing a huge boost to efforts to increase the supply of less costly apartments and homes.
The funding from Local Initiatives Support Corp. would be used to establish a new small building loan program and a developer training program that the nonprofit has introduced in other cities.