2021 Session

Budget Amendments - HB1800 (Member Request)

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Chief Patron: Reid
Increase Private Sector Match Requirement for VATI Funds (language only)

Item 114 #14h

Item 114 #14h

Commerce and Trade
Department of Housing and Community Development


Page 113, line 15, after "require" insert "a minimum".

Page 113, line 15, after "partner" insert: "of 35 percent of the total grant request".

Page 113, line 15, strike "in the project".

Page 113, line 16, after "fund," strike remainder of the line.

Page 113, line 17, strike "Department".


(This amendment requires a private sector partner to provide a minimum match of 35 percent of the total grant request in order to receive funding from the Virginia Telecommunications Initiative. Current program guidelines set the match requirement at ten percent.)