Virginia

Virginia receives nearly $115 million for affordable housing

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WASHINGTON, D.C. (WDBJ) – U.S. Senators Tim Kaine (D-VA) and Mark Warner (D-VA) introduced Friday that Virginia will obtain practically $115 million in federal funding from the U.S. Division of Housing and City Improvement.

The funding was awarded by the Neighborhood Improvement Block Grant (CDBG), HOME Funding Partnership (HOME), Emergency Options Grant (ESG), Housing Alternatives for Individuals with AIDS (HOPWA), and Housing Belief Fund (HTF).

“All Virginians deserve entry to protected and inexpensive housing, however rents and residential costs have skyrocketed throughout Virginia lately,” stated the Senators. “We’re glad that this funding will go to supporting the development of latest inexpensive housing models and assist Virginians entry extra housing choices.”

The breakdown primarily based on this system could be seen beneath:

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Neighborhood Improvement Block Grant (CDBG): The CDBG program gives versatile funding to states, cities, and counties to assist group growth, together with infrastructure, financial growth tasks, housing development or rehabilitation, public services upgrades, house owner help, and extra.

Commonwealth of Virginia $18,813,102

Alexandria $1,143,364

Blacksburg $534,673

Bristol $269,250

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Charlottesville $414,907

Chesapeake $1,141,624

Christiansburg $125,664

Colonial Heights $106,471

Danville $852,803

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Fredericksburg $203,268

Hampton $903,077

Harrisonburg $538,229

Hopewell $225,305

Lynchburg $714,845

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Newport Information $1,287,677

Norfolk $4,435,015

Petersburg $583,253

Portsmouth $1,539,655

Radford $183,174

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Richmond $4,474,570

Roanoke $1,818,463

Staunton $317,340

Suffolk $488,891

Virginia Seaside $1,968,186

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Waynesboro $187,537

Winchester $275,326

Arlington County $1,333,133

Chesterfield County $1,496,877

Fairfax County $5,918,926

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Henrico County $1,645,428

Loudoun County $1,379,452

Prince William County $2,636,075

TOTAL $57,955,560

HOME Funding Partnerships (HOME): The HOME program companions with nonprofits to construct, purchase, or rehabilitate inexpensive housing and gives direct rental help to low-income people. The Fiscal Yr 2022 appropriations invoice included $1.5 billion for the HOME program and was the very best stage of funding previously decade.

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Commonwealth of Virginia $12,031,604

Alexandria $693,431

Blacksburg $651,299

Charlottesville $747,825

Chesapeake $613,692

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Danville $328,742

Hampton $570,404

Lynchburg $421,034

Newport Information $871,322

Norfolk $1,378,254

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Portsmouth $464,737

Richmond $1,764,354

Roanoke $760,067

Suffolk $465,021

Virginia Seaside $1,163,266

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Winchester $713,163

Arlington County $823,984

Chesterfield County $679,539

Fairfax County $2,471,231

Henrico County $991,558

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Prince William County $1,015,307

TOTAL $29,619,834

Emergency Options Grant (ESG): The ESG program gives funding for emergency shelter for folks in disaster, outreach and important providers to these residing on the streets, re-housing providers, and homeless prevention applications.

Commonwealth of Virginia $3,048,024

Norfolk $382,849

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Richmond $384,355

Roanoke $156,541

Virginia Seaside $171,520

Fairfax County $515,135

Henrico County $146,882

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Prince William County $226,857

TOTAL $5,032,163

Housing Alternatives for Individuals with AIDS (HOPWA): The HOPWA program gives housing help and assist providers to low-income people residing with Human Immunodeficiency Virus (HIV).

Commonwealth of Virginia $1,582,493

Richmond $1,794,492

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Virginia Seaside $2,676,916

TOTAL $6,053,901

Housing Belief Fund (HTF): The HTF gives funding for development, reconstruction, or rehabilitation of inexpensive housing for low- and really low-income households and requires HTF models to have a minimal affordability interval of 30 years.

Commonwealth of Virginia $16,038,732

Copyright 2022 WDBJ. All rights reserved.

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