Danville is slated to receive $1.1 million in federal funding to support affordable housing, as announced by U.S. Sens. Mark R. Warner and Tim Kaine today.
The Senators announced $94,523,140 in federal funding to support access to safe and affordable housing throughout Virginia. This funding from the United States Department of Housing and Urban Development (HUD) was awarded through four grant programs - the Community Development Block Grant (CDBG) program, the HOME Investment Partnerships (HOME) program, the Emergency Solutions Grants (ESG) program, and the Housing Opportunities for Persons With AIDS (HOPWA) program.
"We are very glad to see nearly $95 million dollars go towards supporting access to affordable housing for folks with the highest need in localities throughout Virginia," said the Senators. "We will continue fighting for grant opportunities that help promote accessible housing in the Commonwealth, including the Community Development Block Grant Program, which the President has proposed eliminating in next year's budget."
The city is set to receive $880,085 as a part of the Community Development Block Grant (CDBG) program, which allows localities to develop viable urban communities by providing decent housing and a suitable living environment, principally for low- and moderate-income persons.
Danville will receive $268,392 as part of the HOME Investment Partnerships (HOME) program, which helps to expand the supply of decent, affordable housing to low- and very low-income families by providing grants to states and local governments to fund housing programs that meet local needs and priorities.