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2026 Session

Budget Amendments - HB29 (Member Request)

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Chief Patron: Thornton
Peninsula Development Corporation and Hampton Roads Community Action Program Housing Efforts

Item 102 #2h

Item 102 #2h

First Year - FY2025 Second Year - FY2026
Commerce and Trade
Department of Housing and Community Development FY2025 $0 FY2026 $500,000 GF

Language
Page 16, line 12, strike "$310,725,885" and insert "$311,225,885".

Page 16,line 12, set out item 102, and insert:

"Z. Out of this appropriation, $500,000 in the second year from the general fund is provided to the Peninsula Community Development Corporation and the Hampton Roads Community Action Program to jointly support housing rehabilitation, infill construction, and community revitalization projects serving low- to moderate-income households in the Hampton Roads region. Funds shall be used to catalyze the preservation and development of affordable housing, leverage additional public and private capital, and expand access to safe, quality housing for economically vulnerable residents. The Department of Housing and Community Development shall administer this appropriation and ensure compliance with applicable state program and reporting requirements."



Explanation

(This amendment provides $500,000 in fiscal year 2026 to support housing related projects of the Peninsula Community Development Corporation and the Hampton Roads Community Action Program.)