Meeting Time: September 18, 2024 at 1:00pm EDT
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Agenda Item

15. 24-392 FY 2024 Pathways to Removing Obstacles to Housing (PRO Housing) Grant. To review the County's intention to apply for Federal funds from the FY 2024 Pathways to Removing Obstacles to Housing (PRO Housing) Round 2 grant program. Albemarle County proposes to utilize the requested funds to carry out the following activities: Approximately $5 million to establish an Affordable Rental Housing Revolving Loan Fund; approximately $1 million to establish a Small Landlord Fund; approximately $435,000 to support the construction of an affordable multifamily housing community.