Recent News

homeless

04.18.2019
Funding to assist 30 permanent supportive housing and rapid re-housing projects across the Commonwealth RICHMOND—Governor Ralph Northam today announced $2.2 million in Homeless Reduction Grants through the Virginia Housing Trust Fund (VHTF) for 30 projects in Virginia. The selected projects will result in targeted efforts to reduce homelessness around the Commonwealth. The grants will support 16 rapid re-housing projects, 12 existing permanent supportive housing projects, and the pre-development of two permanent supportive housing projects. Successful efforts by the Governor and the General Assembly to increase the Virginia Housing Trust Fund allowed 16 additional projects totaling $1.1 million in funding to be awarded this fiscal year. Additional affordable housing construction loans will also be made possible with the increased funding which will be announced in the coming months. “Virginia is focused on targeting our funds toward systematic strategies that have been proven successful in reducing homelessness, like rapid re-housing and permanent supportive housing,” said Governor Northam. “We know that having a stable, safe, and affordable place to live is key to achieving positive educational outcomes, securing a good job, and leading a healthy, productive life—with this funding, we are working to strengthen our communities and ensure that no Virginian is left behind.” Since 2010, overall homelessness in Virginia has decreased 34 percent, and homelessness among families has decreased 44 percent. Homelessness among veterans has decreased 48 percent since 2011, and in 2015, Virginia became the first state in the country to functionally end veteran homelessness. These successes have been driven by the leadership of the Governor’s Coordinating Council on Homelessness, collaboration between state and local partners, and the allocation of funding to support a systematic approach at the community level. Resources to address homelessness in Virginia are administered through the Virginia Department of Housing and Community Development’s Virginia Homeless Solutions Program, which is a combination of state and federal funds. “The Virginia Housing Trust Fund is a key resource in our efforts to reduce homelessness and make affordable housing more readily available for all,” said Secretary of Commerce and Trade Brian Ball. “Housing is the foundation to building and sustaining healthy and vibrant communities for all Virginians.” At least 80 percent of the funds allocated to the VHTF must be used to provide loans that reduce the costs of affordable rental housing and homeownership. Up to 20 percent may be used for grants to reduce homelessness. Eligible activities of the Homelessness Reduction Grant pool include rapid re-housing, support services for permanent supportive housing for the chronically homeless, and pre-development of permanent supportive housing projects for chronically homeless individuals or families.  The applications were reviewed, evaluated and scored, and $2.2 million was allocated for 30 projects. The increase in the Housing Trust Fund in the state budget allowed all projects meeting the scoring threshold to be funded. 2019 Homeless Reduction Grant Awardees: Organization Project/Activity Award Communities Served Action in Community Through Service (ACTS) ACTS Permanent Supportive Housing Supportive Services $41,525 Cities of Manassas and Manassas Park, and Prince William County Arlington Street People’s Assistance Network, Inc. (A-SPAN) The A-SPAN Supportive Housing Project $35,000 Arlington County City of Chesapeake Homeless Youth Rapid Re-Housing Project $100,000 Cities of Chesapeake, Franklin, Norfolk, and Suffolk, and Isle of Wight and Southampton counties City of Hampton Youth Homelessness $100,000 Cities of Hampton, Newport News, Poquoson, and Williamsburg, and James City and York counties Cornerstones Rapid Re-Housing Plus $100,000 Fairfax County and the cities of Fairfax and Falls Church Council of Community Services Housing Trust Fund Rapid Re-Housing Project $35,000 Cities of Covington, Roanoke, and Salem and Alleghany, Botetourt, Craig, and Roanoke counties Doorways for Women and Families Doorways for Women and Families Housing Trust Fund Fiscal Year 2019 $25,000 Arlington County ForKids, Inc. ForKids Bridge Rapid Re-Housing $50,000 Cities of Chesapeake, Franklin, Norfolk, Suffolk, and Isle of Wight and Southampton County HomeAgain Single Individuals Rapid Re-Housing Initiative $100,000 City of Richmond and Chesterfield, Henrico, Hanover, Goochland, New Kent, Charles City, and Powhatan counties Mercy House, Inc. Mercy House Rapid      Re-Housing Program $100,000 Cities of Harrisonburg and Winchester, and Clarke, Frederick, Page, Rockingham, Shenandoah, and Warren counties Micah Ecumenical Ministries Fredericksburg Continuum of Care Permanent Supportive Housing                          $51,500 City of Fredericksburg and Caroline, King George, Spotsylvania, and Stafford counties Micah Ecumenical Ministries Fredericksburg Continuum of Care Rapid Re-Housing Program                         $77,250 City of Fredericksburg and Caroline, King George, Spotsylvania, and Stafford counties Miriam’s House Community First Rapid Re-Housing $100,000 Cities of Bedford and Lynchburg, and Amherst, Appomattox, Bedford, and Campbell counties New Hope Housing –Alexandria Alexandria Housing First Apartments Program $55,000 City of Alexandria New Hope Housing – Arlington Arlington Permanent Supportive Housing Project $100,000 Arlington County New Hope Housing – Fairfax Fairfax County Housing First Permanent Supportive Housing Program $55,000 Cities of Fairfax and Falls Church, and Fairfax County Northern Virginia Family Services (NVFS) NVFS Greater Prince William Rapid Re-Housing and Stabilization Services $100,000 Cities of Manassas and Manassas Park, and Prince William County People Inc. King’s Housing Trust Fund $10,000 City of Bristol and Buchanan, Dickenson, Russell, Tazewell, and Washington counties People Inc. Hope Center $91,410 Prince William County Samaritan House, Inc. Rapid Re-Housing $100,000 City of Virginia Beach Shelter House Shelter House Rapid Re-Housing 2019 $100,000 Fairfax County and the cities of Fairfax and Falls Church St. Joseph’s Villa Continuation of the Petersburg High School Housing Stability Pilot Program $62,725 City of Petersburg St. Joseph’s Villa Fiscal Year 2019 St. Joseph’s Villa Housing Trust Fund $55,000 Cities of Colonial Heights, Hopewell, Petersburg, and Emporia, and Dinwiddie, Greensville, Prince George, Surry, and Sussex counties Steps, Inc. Heartland Local Planning Group/Steps, Inc. $13,590 Amelia, Buckingham, Cumberland, Lunenburg, Nottoway, and Prince Edward counties Virginia Supportive Housing 2019 The Crossings $82,000 City of Charlottesville and Albemarle, Fluvanna, Greene, Louisa, and Nelson counties Virginia Supportive Housing 2019 Gosnold and Church Street $100,000 Cities of Chesapeake, Franklin, Norfolk, and Suffolk, and Isle of Wight and Southampton counties Virginia Supportive Housing 2019 Cloverleaf and Crescent Square – Virginia Beach $100,000 City of Virginia Beach Virginia Supportive Housing   2019 New Clay and South Richmond Studios – Richmond $100,000 City of Richmond and Chesterfield, Henrico, Hanover, Goochland, New Kent, Charles City, and Powhatan counties Virginia Supportive Housing Cool Lane Apartments $100,000 City of Richmond and Chesterfield, Henrico, Hanover, Goochland, New Kent, Charles City, and Powhatan counties Virginia Supportive Housing 2019 Heron’s Landing – Chesapeake $60,000 Cities of Chesapeake, Franklin, Norfolk, and Suffolk, and Isle of Wight and Southampton counties TOTAL $2,200,000

seal

04.12.2019
Governor Northam Announces $350,000 Community Development Block Grant for Sussex County   ~ Project will create 15 new jobs in the Town of Waverly ~   RICHMOND—Governor Ralph Northam today announced a $350,000 Community Development Block Grant (CDBG) for Sussex County to assist Superb Solutions for You, Inc. with the revitalization of the old Evans lumber yard located in the Town of Waverly.   This CDBG Community Economic Development Fund grant supports the company’s $2.3 million new facility that will create at least 15 full-time jobs. The Virginia Department of Rail and Public Transportation (DRPT) previously announced a Rail Industrial Access grant to assist the project as well. Superb Solutions For You, Inc. is a small, minority-owned business created by entrepreneurs from the Town of Waverly. The company will manufacture environmentally friendly water treatment chemicals that mitigate harmful agricultural waste, purify drinking water, and treat wastewater.   “The Community Development Block Grant program continues to be an important tool to assist localities in addressing critical needs, while also fostering regional economic and community development,” said Governor Northam. “This funding will support an exciting project in the Town of Waverly that is creating jobs for Virginians and helping build cleaner and more sustainable communities across our Commonwealth.”   The project will consist of improvements to off-site infrastructure and building exterior for the operation of a water treatment chemical manufacturing facility. This project will create 15 jobs, of which at least eight (53.3 percent) will be made available to low- to moderate-income persons.   “Through the funding of this project, we are enhancing the quality of life for our residents and providing necessary resources to create new jobs in the community,” said Secretary of Commerce and Trade Brian Ball.   This project is funded under the CDBG Community Economic Development Fund (CED), which is designed to support economic development activities, particularly those creating employment opportunities for low- and moderate-income persons. Funds are distributed on a first-come, first-served basis from January 1 through the end of September. Since 1982, the federally-funded CDBG program has been administered by the Virginia Department of Housing and Community Development (DHCD), and Virginia receives approximately $18.5 million annually for this grant program.    2018 CDBG Community Economic Development Fund Award:   Locality Project Name Award Sussex County Superb Solutions for You, Inc. $350,000 Total: $350,000  

oz

04.11.2019
   Governor Northam Announces Initiative to Encourage Economic Growth in Virginia’s Opportunity Zones   ~ Commonwealth to partner with Virginia Community Capital to create online marketplace matching investors with communities ~   RICHMOND—Governor Ralph Northam today announced a new initiative that will bolster the Governor’s goal of ensuring that every region, community, and household can participate and share in the Commonwealth’s economic progress through the federal Opportunity Zones program, which was created through the federal Tax Cuts and Jobs Act in 2017.   Virginia Community Capital (VCC), with leadership from LOCUS Impact Investing and in partnership with the Virginia Department of Housing and Community Development (DHCD) and the Virginia Housing Development Authority (VHDA), will develop an online marketplace to help educate stakeholders on the program, share project ideas and pipeline, and connect investors to businesses and property in Virginia’s Opportunity Zones. In addition, tools and investment resources will be available to help projects with capital stacking and ensuring deal flow is occurring.   “The Opportunity Zone program is designed to help steer long-term investment to economically distressed and low-income communities, and my administration is committed to taking full advantage of this important federal tool,” said Governor Northam. “With this online platform, we can open the door to Virginia’s Opportunity Zones for investors and business owners and further drive jobs and capital into the areas of our Commonwealth where they are most needed. We are thrilled that this new and exciting partnership will bring together key stakeholders around a shared vision for more inclusive growth and boost our efforts to build a more prosperous future for all Virginians.”   The online marketplace will be a mechanism for Virginia to track projects occurring in Opportunity Zones and assess trends to measure the impact the program has on distressed communities. The Virginia Opportunity Zone Marketplace will ensure that the Commonwealth is helping to secure capital that will benefit communities, align with their priorities, and bring in much needed capital to distressed areas. The Virginia Opportunity Zone Marketplace will begin building immediately and will launch this fall.   “The Governor is sending a signal to local and national investors that Virginia will lead the nation in encouraging Opportunity Zone investments that expand opportunity for existing residents and focus on local and regional priorities based on community input,” said Secretary of Commerce and Trade Brian Ball. “With collaboration between multiple state agencies and with VCC and its subsidiary, LOCUS Impact Investing, Virginia is uniquely positioning itself to offer oversight and facilitation to ensure access to economic opportunity and capital for all Virginians.”   DHCD is the lead state agency coordinating assistance across state government to ensure state housing, community, and economic development efforts assist Virginia’s 212 Opportunity Zones. The new partnership with VCC is funded through a $1 million grant from VHDA. VCC is the only statewide Community Development Financial Institution (CDFI) and is uniquely positioned to facilitate an Opportunity Zone Marketplace in Virginia that connects communities and investors interested in strong financial returns that are coupled with positive social impact for residents living in Opportunity Zones.   DHCD and VCC will provide information to leverage the full suite of federal, state, and local government programs and incentives in partnership with philanthropic and non-profit institutions to help secure additional capital needed for getting projects underway. Statewide convenings and local briefings will also continue to be a part of the outreach effort from the partnership to help educate and leverage investment in the Commonwealth’s Opportunity Zones.   “The experienced and diverse teams of Virginia Community Capital, LOCUS and our partners already focus and uncover new opportunities in many of these communities each day,” said Virginia Community Capital Chief Executive Officer Jane Henderson. “This partnership gives us the chance to leverage this experience to grow energy and focus investment in Virginia’s Opportunity Zones.”   In addition to grant funding, VHDA will be providing a $50 million credit facility program to help Opportunity Zone investors acquire property in Opportunity Zones. The credit facility program will support property acquisition and enable more transactions for the Opportunity Zones.   See below for more information on the principles guiding the new Opportunity Zone Marketplace.   Guiding Principles for Virginia’s New Opportunity Zone Marketplace   Encourage and enable positive community impact investments in conjunction with financial returns. Ensure fair and equitable access to Opportunity Zone resources, support, and guidance for all localities and interests. Attract and match national capital and businesses with easily accessible and current information. Empower local business, government, and community leaders to take point in the Opportunity Zones. Leverage the full suite of federal, state, and local government programs and incentives in partnership with philanthropic and non-profit institutions. Commission a neutral and independent third party to manage and facilitate an inclusive marketplace with full transparency on process and participants. Seed the effort with one-time funding and become a self-sufficient operation over time. Track and measure economic impact in Opportunity Zone communities.

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