Virginia Increases FY 2019-2020 VHTF by $4 Million Per Year

The Virginia General Assembly approved an amendment from Governor Northam (D) to increase appropriations for the Virginia Housing Trust Fund (VHTF) by $4 million in FY 2019 and FY 2020. The amendment passed the House by a margin of 76-23 and by a block vote in the Senate. This now brings total appropriations for the VHTF up from $11 million to $18 million for the two-year budget cycle.