Warner & Kaine Announce More Than $4 Million for Affordable Housing across Virginia

WASHINGTON, D.C. – Today, U.S. Senators Mark R. Warner and Tim Kaine announced $4,098,261.60 in federal funding from the U.S. Department of Housing and Urban Development (HUD) to help Virginians continue to access affordable housing across the Commonwealth. 

“These federal dollars will help Virginians access safe and affordable housing as our Commonwealth continues to build back better,” the Senators said. “We are glad to see this funding go toward helping Virginians in need.”

A breakdown of the funding is below.

Youth Homelessness Demonstration Program (YHDP): These funds will go toward reducing the number of youth experiencing homelessness in rural, suburban, and urban areas across the Commonwealth.

Tenant Protection Vouchers (TPVs) for Demolition/Disposition: These funds will go toward replacement and relocation vouchers to demolish or dispose of public housing developments.

Calendar Year (CY) 2020 Housing Assistance Payments (HAP) Set-Aside Funds: This funding will be used to provide special fee adjustments to Public Housing Agencies (PHAs) that need additional funds to administer their Housing Choice Voucher (HCV) Program, which helps low-income families, the elderly, and the disabled afford decent, safe, and sanitary housing.

Calendar Year (CY) 2021 Housing Choice Voucher Program Fund for Special Fees for Portability: This funding will be used to provide special fee adjustments to Public Housing Agencies (PHAs) that need additional funds to administer their HCV Programs, specifically for special fees for receiving PHAs with portability vouchers. Portability vouchers allow families to transfer their rental subsidy if they move outside the jurisdiction of the PHA that first granted the voucher.

Fiscal Year 21 American Rescue Plan Funding Adjustments for Mainstream Vouchers and Housing Choice Vouchers (Shortfall and Extraordinary Circumstances): This fund will go toward helping public housing agencies (PHAs) compensate for significant Housing Assistance Payments per unit cost (PUC) increases that PHAs faced due to COVID-19 or other extraordinary circumstances and to prevent the termination of current participants from the program. 

Foster Youth to Independence (FYI) Vouchers Competitive Awards: These funds will go toward housing assistance for youth between the ages of 18-24 who aged out of foster care, or will within 90 days, and are homeless or at risk of homelessness.

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