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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
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Front Page » Government/Politics » Politics2 » Funding will support construction, rehab of affordable, permanent supportive housing units
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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. ....

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Governor Northam Announces Over $24 Million in Affordable and Special Needs Housing Loans

Governor Northam Announces Over $24 Million in Affordable and Special Needs Housing Loans
Posted by Staff | Mar 2, 2021 | News | |
RICHMOND Governor Ralph Northam today announced 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.
“As the COVID-19 pandemic continues to create housing challenges in our Commonwealth and across the country, we are pleased to deploy this funding to support Virginians who are most in need,” said Governor Northam. “The Affordable Special Needs Housing program is a valuable resource for increasing the availability of safe, affordable, and sustainable housing for low-income Virginians, particularly tho ....

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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
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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. ....

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