Dozens of Virginia Housing Projects to be Supported by $93 Million in Loans

The Virginia Department of Housing and Community Development is distributing more than $93 million in housing loans to support housing projects across the commonwealth that are estimated to create nearly 4,000 units for low-income and extremely low-income households, according to Gov. Glenn Youngkin’s office. 

The $93 million in Affordable and Special Needs Housing loans administered by the Virginia Department of Housing and Community Development will support 57 projects in various parts of the state. In total, the projects are estimated to create 3,936 units for low-income and extremely low-income households, including 298 permanent supportive housing units, 3,825 rental units and 111 units for homeownership opportunities, according to the governor’s office. 

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Youngkin Announces 2022 GO Virginia Grants

Four projects focused on business development and jobs growth won the 2022 Growth and Opportunity for Virginia (GO Virginia) grant awards totaling $1.2 million.

“GO Virginia allows us to invest in key projects that will enhance our economic growth by fostering workforce development and stimulating new business opportunities,” Governor Glenn Youngkin said in a Tuesday announcement. “These projects exemplify the innovative partnerships that GO Virginia grants were designed to promote, driving regional advancement and strengthening our Commonwealth.”

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Miyares Stops in Gilpin Court to Discuss School Safety, Hear Local Concerns

RICHMOND, Virginia — Attorney General Jason Miyares stopped at the Calhoun community center in Gilpin Court, a low-income neighborhood with a local reputation for violence. Miyares met privately with local leaders and parents and handed out backpacks with school supplies to residents as part of a series of stops he is making around Virginia.

“I came here to the Calhoun Center to hear what was happening, and what people are saying is happening,” Miyares told reporters after the Thursday meeting. “A lot of it was about school safety, but also about larger issues in the community.”

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Youngkin Announces About $27 Million in Loans for Low-Income Housing

Governor Glenn Youngkin announced about $27 million in loans for the 2022 Spring Affordable and Special Needs Housing (ASNH) awardees on Friday. The funds are aimed at 34 projects for both existing and new units for low-income households.

“These projects will provide critical support to our most vulnerable populations, strengthening our economy, and improving the quality of life for countless Virginians,” Youngkin said in a release. “Stable and affordable housing is foundational to building a thriving economy. These projects were carefully selected to ensure they make the most impact on their future residents and the surrounding communities.”

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