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Staunton non-profit among 28 community housing groups getting VHTF money

The first apartments opened in 2007. Valley Supportive Housing which now has 38 affordable supportive apartments. The VHTF is coordinated through the state Department of Housing and Community Development. In the current fiscal year, more than $55 million was invested into it by the General Assembly, and Northam has proposed upping that to $70.7 million. It is designed to finance affordable-housing initiatives supporting low- and moderate-income families, and homeless-reduction grants. The process for obtaining VHTF financing is competitive. According to Northam s office, 43 applications were received for this round of funding. Funding was also granted to programs in Petersburg, Richmond, Newport News and Northern Virginia, among others.

Funding will support construction, rehab of affordable, permanent supportive housing units

Funding will support construction, rehab of affordable, permanent supportive housing units Published Tuesday, Mar. 2, 2021, 12:01 pm Join AFP s 100,000+ followers on Facebook Purchase a subscription to AFP | Subscribe to AFP podcasts on iTunes News, press releases, letters to the editor: augustafreepress2@gmail.com Front Page » Government/Politics » Politics2 » Funding will support construction, rehab of affordable, permanent supportive housing units (© niroworld – stock.adobe.com) Gov. Ralph Northam announced Monday more than $24 million in Affordable and Special Needs Housing loans for 28 projects across the Commonwealth, creating or preserving 1,635 affordable housing units for low-income Virginians. The funding will help increase access to affordable housing, reduce homelessness, and provide permanent supportive housing options for individuals with intellectual and developmental disabilities.

NoVA Housing Projects Get $5 5M In Affordable Housing Loans

NoVA Housing Projects Get $5.5M In Affordable Housing Loans Patch 3/2/2021 Mark Hand © Shutterstock The funded projects across Virginia, totaling $24 million in loans, will create or preserve 1,635 affordable housing units in the state. NORTHERN VIRGINIA Five affordable housing projects in Northern Virginia will receive a total of $5.5 million in funding as part of Affordable and Special Needs Housing loans approved by the state. Forty-three affordable housing loan applications were received during the current round of funding, requesting more than $42 million. Proposals were ranked and loans were offered to the highest-ranking proposals based on funding availability. The funded projects, totaling $24 million, will create or preserve 1,635 affordable housing units, targeting low-income and very low-income Virginians, according to the state.

There s No Place Like Home in Fairlington

Mayor Justin Wilson makes remarks at the Dec. 9 groundbreaking of The Waypoint at Fairlington. Construction of The Waypoint of Fairlington officially kicked off Dec. 9 with a groundbreaking ceremony to celebrate the affordable housing development on the site of a former parking lot of Fairlington Presbyterian Church. Mayor Justin Wilson was among those in attendance, which was limited to comply with current statewide COVID-19 restrictions. The city is pleased to support another affordable housing development made possible through the partnership of a nonprofit housing entity and a local faith community, which has embraced housing neighbors as part of its mission, Wilson said.

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