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2024 Session

Budget Amendments - SB30 (Floor Approved)

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Provide Capacity Funding for Continuum of Care Agencies

Item 102 #1s

Item 102 #1s

First Year - FY2025 Second Year - FY2026
Commerce and Trade
Department of Housing and Community Development FY2025 $2,700,000 FY2026 $2,700,000 GF

Language
Page 97, line 38, strike "$297,250,885" and insert "$299,950,885".
Page 97, line 38, strike "$297,250,885" and insert "$299,950,885".

Page 99, after line 39, insert:

“M. Out of this appropriation, $2,700,000 the first year and $2,700,000 the second year from the general fund shall be provided to support the capacity of the Continuum of Care lead agencies in Virginia, including those that comprise the Balance of State Continuum of Care, as they serve persons at risk of or experiencing homelessness in their regions. The department shall provide these funds as grants in a formula determined by the department with input from stakeholders. Any balances for the purposes specified in this paragraph which are unexpended on June 30, 2025, and June 30, 2026, shall not revert to the general fund but shall be carried forward and reappropriated."



Explanation

(This amendment provides $2.7 million GF each year to Continuum of Care lead agencies to expand their organizational capacity to serve the growing population of Virginians at risk of or experiencing homelessness. This investment will translate to nearly $100,000 for each of the 27 Continuum of Care lead agencies in the Commonwealth, and provide for programmatic and operational capacity to leverage local, federal, and private resources.)