2021 Special Session I

Budget Amendments - HB1800 (Committee Approved)

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Level Funding for Virginia Housing Trust Fund in Year 2

Item 113 #1h

Item 113 #1h

First Year - FY2021 Second Year - FY2022
Commerce and Trade
Department of Housing and Community Development FY2021 $0 FY2022 ($25,000,000) GF

Page 108, line 13, strike "$181,360,089" and insert "$156,360,089".

Page 109, line 6, strike "$55,000,000" and insert "$30,000,000".


(This amendment level funds the Virginia Housing Trust Fund in the second year to the amounts contained in Chapter 1289, Acts of Assembly, 2020 General Assembly. The additional $40.7 million for the Virginia Housing Trust Fund in fiscal year 2021 served as a bridge to continue the Rent and Mortgage Relief program, and is no longer needed in the second year due to the availability of over $560 million in federal funds for rental assistance.)