Virginia has chance for change with $1 billion infusion for affordable housing

Virginia is due at least $1 billion from the federal government for affordable housing, according to experts who gathered virtually Thursday to discuss how governments and other local beneficiaries should invest those funds on long-lasting, system-transforming programs.
The Roanoke Regional Housing Network hosted its 2021 housing symposium Thursday morning, attended via teleconference by interest groups, nonprofits and other stakeholders, for an audience of more than 50.
The climate surrounding affordable housing has changed drastically in the past year, said Bob Adams, executive director of HousingForward Virginia, a state data and insight resource.
“We're at a generational high-water level in terms of housing resources,” Adams said. “I've worked in affordable housing for 40 years, and I've never worked in an environment that was as resource-rich as the one that we're in right now.”

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