The Foundry Apartments

946 Sledd St, Richmond, Virginia 23220

Contact The Foundry Apartments

The Foundry offers BRAND NEW one-, two-, and three-bedroom AFFORDABLE APARTMENTS in Richmond’s Northside near Virginia Union University with easy access to interstates, shopping, dining, entertainment, and employment!

Residents at The Foundry enjoy a host of amenities including a resort-style pool, modern fitness center, community clubhouse, security cameras and controlled access, elevators, and so much more.

Unit (Bd/Ba)	Ft²	Rent
Steel- 1 Bed (1/1)	624	Call for Price
Zinc-1 Bed (1/1)	673	Call for Price
Alloy- 1 Bed (1/1)	725	Call for Price
Brass- 1 Bed (1/1)	725	Call for Price
Magnesium-2 Bed (2/2)	935	Call for Price
Iron- 2 Bed (2/2)	956	Call for Price
Cooper-2 Bed (2/2)	956	Call for Price
Bronze-3 Bed (3/2)	1118	Call for Price
Aluminum-3 Bed (3/2)	1118	Call for Price
Titanium-3 Bed (3/2)	1139	Call for Price

This property is currently under construction.

Expected to open winter 2021

Eligibility for The Foundry Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Richmond but actual income limits may differ for units at The Foundry Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Low Income (60%)	$44,820	$51,180	$57,600	$63,960	$69,120	$74,220

Property Amenities

Elevator
Fitness Center
Playground
Business Center
Clubhouse
Grilling Area
Bicycle Storage
Surveillance Cameras
Laundry Facility
Swimming pool

Unit Amenities

Dishwasher
Washer and Dryer Hookup
Fully Equipped Kitchen

Office Hours

Day	Hours
Monday	8:30am-5:00pm
Tuesday	8:30am-5:00pm
Wednesday	1:00pm-5:00pm
Thursday	8:30am-5:00pm
Friday	8:30am-5:00pm

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.