AMENDMENT(S) PROPOSED BY THE SENATE

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1. Line 82, introduced, after means

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the Richmond Metropolitan Statistical area

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a census tract in the Richmond Metropolitan Statistical area in which less than 10 percent of the residents live below the poverty level, as defined by the United States government and determined by the most recent United States census

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2. Line 110, introduced, after be

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$400,000

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$450,000

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3. Line 114, introduced, after unit

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remainder of line 114, all of lines 115 and 116, and through program on line 117

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based on the fair market rent approved by the United States Department of Housing and Urban Development as the basis for the tenant-based assistance provided through the housing choice voucher program for the qualified housing unit

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4. Line 136, introduced, after line 135

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H.  In the event that the amount of the qualified requests for tax credits for participating landlords in the fiscal year exceeds $450,000 the Department of Housing and Community Development shall pro rate the tax credits among the qualified applicants.

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5. Line 136, introduced

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2.  That the General Assembly hereby appropriates an additional $100,000 from the general fund to the Department of Housing and Community Development in each of the  2010 - 2011 and 2011 - 2012 fiscal years for funding of the Department's estimated fiscal impact from administering tax credits pursuant to § 58.1-439.12:03 of the Code of Virginia.  Such amount is hereby appropriated by the General Assembly to the Department for one additional full-time equivalent, general fund position (salary and benefits).  The appropriation pursuant to this enactment shall be in addition to all other appropriations provided to the Department in the general appropriation act.  The Director of the Department of Planning and Budget is hereby directed to allot such moneys for the purposes set forth in this enactment.

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2.  That the provisions of this act shall not become effective unless an appropriation of general funds effectuating the purposes of this act is included in a general appropriations act passed by the 2010 Session of the General Assembly, which becomes law.