Tim Kaine

09/26/2024 | Press release | Distributed by Public on 09/26/2024 13:46

Warner & Kaine Announce Over $1.6 Million in Federal Funding for Housing Services in Virginia

WASHINGTON, D.C. - Today, U.S. Senators Mark R. Warner and Tim Kaine, a former fair housing lawyer, (both D-VA) announced $1,626,496 in federal funds from the Department of Housing and Urban Development's (HUD) Comprehensive Housing Counseling (CHC) Grant Program. The program allocates funds to HUD-approved housing counseling agencies that provide counseling and advice to tenants and homeowners with respect to property maintenance, financial management and literacy, and other matters related to tenancy or homeownership.

"Being able to access safe, affordable housing is crucial for the well-being of individuals, families, and our communities," said the senators. "We're glad this federal funding will help equip Virginians with the resources and financial literacy needed to improve their housing conditions."

The funding is allocated as follows:

  • $996,846 for Virginia Housing to distribute throughout the Commonwealth
  • $629,650 for Catholic Charities USA in Alexandria

Warner and Kaine have long fought to expand affordable housing. The senators have introduced the Downpayment Toward Equity Act,legislation to help first-generation homebuyers buy a home. Warner and Kaine have also introduced bicameral legislation to help first-time, first-generation homebuyers build generational wealth more rapidly by offering a 20-year mortgage for roughly the same monthly payment as a traditional 30-year loan. In April 2023, Kaine introduced the Fair Housing Improvement Act to protect veterans and low-income families from housing discrimination.

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