1999 Session

Budget Amendments - SB800 (Member Request)

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Chief Patron: Gartlan
Co-Patron(s): Marye, Ticer
Virginia Housing Partnership Fund

Item 91 #6s

Item 91 #6s

First Year - FY1999 Second Year - FY2000
Commerce And Trade
Housing and Community Development, Department of FY1999 $0 FY2000 $6,000,000 GF

Page 70, line 3, strike "$42,381,125" and insert "$48,381,125".
Page 71, after line 11, insert:  "H.  The amounts for Housing Assistance Services include $6,000,000 the second year from the general fund for the Virginia Housing Partnership Fund.  From this appropriation, $3,000,000 shall be for housing rehabilitation projects, and $3,000,000 shall be for multi-family housing developments.".

(This amendment provides $6.0 million of general fund support to the Virginia Housing Partnership Fund, which is a revolving fund providing loans and grants to create or rehabilitate single family, multi-family, congregate, and single-room occupancy housing for low- and moderate-income Virginians.)