We're excited to announce our first project in Richmond, Virginia, marking a significant expansion of Module's Last Mile Network. This milestone also introduces Module's first multifamily development, a "missing middle" project designed to provide attainable housing options for families in Richmond’s East End.
In collaboration with project:HOMES and Urban Hope, two Richmond-based affordable housing nonprofits, Module’s new project will feature a three-story, nine-unit building on Mosby Street. The built-to-rent development aligns with Module's mission to deliver better-designed, energy-efficient housing through offsite construction, enabling a faster, more cost-effective building process. The homes will be designed to the Department of Energy’s Zero Energy Ready Home (ZERH) standard. Construction is expected to begin in 2025, supported by a grant from Virginia Housing and bolstered by Module's ongoing commitment to affordable housing solutions.
The expansion of the Last Mile Network and Module’s entry into Virginia were made possible through support from Fannie Mae’s Sustainable Communities Innovation Challenge, the Housing Affordability Breakthrough Challenge, led by Enterprise Community Partners with generous support from the Wells Fargo Foundation, and additional support from the Richard King Mellon Foundation. This partnership underscores Module's dedication to expanding affordable housing options, enhancing community impact, and building a sustainable future through modular construction.
"Expanding into Richmond with our first multifamily project is a pivotal step for Module," said Brian Gaudio, CEO and Co-Founder of Module. "Our work in Pittsburgh has demonstrated the transformative power of modular construction to meet the housing needs of urban communities. With this Mosby project, we're excited to bring our model to a new market, offering families access to thoughtfully designed, attainable homes that enhance quality of life and community resilience."
With this project, Module aims to demonstrate the potential of modular, offsite construction as a viable solution for increasing the affordable housing supply in Virginia. The Mosby Street development will be built to meet high standards for energy efficiency, helping residents save on utility and maintenance costs, and contributing to the overall sustainability of the community.