RICHMOND, Va. (WRIC) — Gov. Glenn Youngkin announced a record-breaking $154.5 million in Affordable and Special Needs Housing (ASNH) loans for dozens of projects in Virginia on Thursday.
The projects will go to 47 projects in the Commonwealth, and will support 3,014 homes for low-income households. Of the dozens of localities supported by the new loan program, seven are in Richmond, one in Emporia and one in Hopewell, per a release.
“These loans leverage a total of $1.1 billion to provide accessible and affordable housing for all Virginians. This is a cornerstone for the prosperity of our Commonwealth,” Youngkin said. “By prioritizing housing, we strengthen our economy, reinforce our communities, and build a stronger, more vibrant Virginia for generations to come.”…