President Signs into Law Spanberger Legislation to Provide $775,000 for Affordable Housing in Louisa County
This Funding will Support New, Mixed-Income Community Housing in Louisa
WASHINGTON, D.C. — President Joe Biden today signed into law U.S. Representative Abigail Spanberger’s legislation that will provide $775,000 for affordable housing in Louisa County.
The funding — which Spanberger successfully secured as part of the House and Senate-passed fiscal year (FY) 2022 appropriations package — will help increase access to affordable housing for families in Louisa County.
“As we rebuild from the COVID-19 pandemic, Central Virginians deserve to have reliable access to affordable housing opportunities. This support for Louisa County will help provide the dream of home ownership to more Louisa County residents and make this community a stronger place to live, work, and raise a family,” said Spanberger. “I am proud to have worked directly with Louisa County in securing this funding, and I thank these elected officials for their leadership, their vision, and their commitment to the people of Louisa. I am encouraged that this funding will soon begin delivering results to the greater Louisa community.”
According to community officials, this funding will help provide the opportunity of home ownership — not just affordable rental assistance — to more individuals and families in the area. The federal funds signed into law will directly support the hardworking individuals and families for whom the equity and stability of home ownership is just out of reach.
BACKGROUND
This year, the U.S. House of Representatives implemented a new effort as part of its annual appropriations process, which allowed for specific Community Project Funding requests — like the Ferncliff Place project. Spanberger worked directly with community leaders in all 10 counties of the Seventh District to gather community-focused requests for her submissions. Click here for a full list of her submissions.
The Community Project Funding process was created to ensure that Members of Congress, in concert with the communities they represent, may submit direct applications for federal funding to support locally planned projects as part of the yearly appropriations process.
To be eligible, projects must be sponsored by local or state government entities or non-profit organizations and must be projects that would otherwise meet the qualifications to apply for federal grant funding. The purpose of Community Project Funding is to ensure direct, local engagement as part of the federal appropriations process. In line with this goal, funding applications must demonstrate significant local support for the projects.
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