Department of Housing and Community Development (165)
| Request Title | Housing Affordability (102 #5c) |
| Biennium | 2026-2028 |
| Budget Round | Initial Bill |
| Half Sheet Number | 102 #5c |
Description
|
This amendment directs the Department of Housing and Community Development to convene a workgroup to examine the current uses of the Virginia Housing Trust Fund and provide recommendations on how best to optimize the resources in the Fund to address housing affordability, supply issues, and homelessness. It also provides an additional $40 million in fiscal year 2027 for deposit into the Fund, bringing total biennial support to $215 million. It also provides $20 million in fiscal year 2027 from the general fund for a two-year pilot program that will provide loan origination and servicing activities for mixed income housing.) |
Funding Details
| By Program | Program Code | Program Title | FY 2026 | FY 2027 |
| 458 | Housing Assistance Services | $60,000,000 | $0 | |
| By Fund | Fund Code | Fund Title | FY 2026 | FY 2027 |
| 01000 | General Fund | $60,000,000 | $0 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2026 | FY 2027 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 08-30-2026 03:14:30

