Roanoke to receive more than $2.5 million in federal funding for affordable housing
Tim Kaine and Mark Warner made the announcement Wednesday
WASHINGTON – The city of Roanoke will receive more than $2.5 million in federal funding for affordable housing.
Virginia's U.S. senators, Mark Warner and Tim Kaine, announced Wednesday that $9.7 million in federal funding will support access to safe and affordable housing in Norfolk, Roanoke and Loudoun County.
The funding will address homelessness and support housing for low- and moderate-income Virginians.
The money comes from three grant programs and totals $2,503,400 for Roanoke.
The allocation from each grant is listed below:
Community Development Block Grant Program
- Norfolk gets $4,384,883
- Roanoke gets $1,734,157
- Loudoun County gets $1,324,740
- Provides annual grants on a formula basis to states, cities and counties to develop viable urban communities by providing decent housing and expanding economic opportunities, principally for low- and moderate-income persons.
HOME Investment Partnerships Program
- Norfolk gets $1,191,349
- Roanoke gets $622,255
- Provides formula grants to states and localities to fund a wide range of activities including building, buying and/or rehabilitating affordable housing for rent or homeownership as well as providing direct rental assistance to low-income people. HOME is the largest federal block grant to state and local governments designed exclusively to create affordable housing for low-income households.
Emergency Solutions Grants Program
- Norfolk gets $366,887
- Roanoke gets $146,988
- Provides funding to engage homeless individuals and families living on the street, improve the number and quality of emergency shelters for homeless individuals and families, rapidly re-house homeless individuals and families and prevent families and individuals from becoming homeless.
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