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RICHMOND, Va. (WFXR) — Governor Glenn Youngkin announced that $12 million in the Virginia Housing Trust Fund Homeless Reduction Grants for 55 projects across the Commonwealth. The funds will help targeted efforts to reduce homelessness with about 2,177 individuals and families.
The Virginia Housing Trust Funds is funded by Virginia and the grants will represent 20% of this fiscal year’s fund investment. The remainder of the money will go toward the production of new or rehabilitated housing within the Affordable and Special Needs Housing Program.
“In the pursuit of sustainable economic growth and a thriving business landscape, it is imperative that we develop responsive housing solutions,” said Governor Glenn Youngkin. “This funding not only safeguards our most vulnerable citizens but also addresses the changing housing needs of all Virginians.”
The money will help support rapid rehousing, permanent supportive housing, and support services to underserved populations across 109 localities.
Gov. Youngkin says the Homeless Reduction Grant program has to be coordinated with other community-based activities. Grantees use a local centralized or coordinated assessment or entry system that would be best for helping families who are experiencing homelessness regain stability.
Bryan Horn, the Virginia Department of Housing and Community Development Director said making sure every Virginian has a place to call home is critical.
“These projects will assist our most vulnerable residents by removing barriers and providing services to support them as they regain housing stability,” said Horn.