2016 Session

Budget Amendments - HB30 (Committee Approved)

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Level Fund the Virginia Housing Trust Fund

Item 108 #1h

Item 108 #1h

First Year - FY2017 Second Year - FY2018
Commerce and Trade
Department of Housing and Community Development FY2017 ($6,000,000) FY2018 ($6,000,000) GF

Page 84, line 35, strike "$55,715,827" and insert "$49,715,827".
Page 84, line 35, strike "$55,715,827" and insert "$49,715,827".

Page 85, line 31, strike "$10,000,000 the first year and $10,000,000" and insert:

"$4,000,000 the first year and $4,000,000".  


(This amendment eliminates the proposed increase in funding for the Virginia Housing Trust fund and instead provides for $4.0 million a year in funding for the trust fund, which is equal to the level of funding provided in fiscal year 2016.)