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2022 SESSION
22106126DPatrons-- Marshall, Adams, D.M., Adams, L.R., Austin, Avoli, Bagby, Ballard, Batten, Bennett-Parker, Bloxom, Bourne, Brewer, Bulova, Campbell, J.L., Campbell, R.R., Carr, Cherry, Convirs-Fowler, Cordoza, Coyner, Davis, Delaney, Edmunds, Fowler, Gilbert, Guzman, Helmer, Herring, Hodges, Hope, Hudson, Jenkins, Keam, Kilgore, Kory, Krizek, Leftwich, Lopez, Maldonado, March, McQuinn, Morefield, Mullin, Murphy, O'Quinn, Orrock, Plum, Price, Rasoul, Reid, Robinson, Runion, Scott, P.A., Sewell, Shin, Sickles, Simon, Simonds, Subramanyam, Sullivan, Tata, Taylor, Tran, VanValkenburg, Wachsmann, Walker, Wampler, Ward, Watts, Webert, Willett, Williams, Williams Graves and Wright; Senators: Barker, Bell, Boysko, Chase, Cosgrove, Deeds, DeSteph, Dunnavant, Ebbin, Edwards, Favola, Hackworth, Hanger, Hashmi, Howell, Kiggans, Lewis, Locke, Lucas, Marsden, Mason, McDougle, McPike, Morrissey, Norment, Peake, Petersen, Pillion, Reeves, Ruff, Saslaw, Spruill, Stanley, Stuart and Surovell
WHEREAS, Virginia Housing, a nonprofit housing finance agency chartered by the General Assembly, will proudly celebrate 50 years of helping Virginians attain quality affordable housing in 2022; and
WHEREAS, as a result of the findings and recommendations of the Virginia Housing Study Commission, the Virginia Housing Development Authority, now known as Virginia Housing, was created in 1972 by the General Assembly; and
WHEREAS, as an independent, self-supporting housing finance agency, Virginia Housing is a national model of what public-private partnerships can achieve in programmatic and service excellence; and
WHEREAS, Virginia Housing’s activities generate more than $3 billion in economic output, including almost 23,000 jobs supported per year, which has helped more than 234,000 Virginians become first-time homeowners while financing approximately 138,000 new or revitalized rental units; and
WHEREAS, in 2005, Virginia Housing created REACH Virginia, a multifaceted housing program that has made over $728 million of the organization’s net revenues available to invest in critical housing needs in communities across the Commonwealth; and
WHEREAS, Virginia Housing effectively and accountably serves as the steward of critical federal housing programs and commitments, including COVID-19 rental and mortgage assistance, the Housing Choice Voucher Program, and the Low-Income Housing Tax Credit program, which are essential to providing stable housing for the most vulnerable individuals and families; and
WHEREAS, Virginia Housing continues to be a leader among state housing finance authorities, which reflects its deep commitment to its mission, the people and communities of Virginia, and maintaining superior financial and programmatic performance; now, therefore, be it
RESOLVED by the House of Delegates, the Senate concurring, that the General Assembly hereby commend Virginia Housing on its 50th anniversary; and, be it.
RESOLVED FURTHER, that the Clerk of the House of Delegates prepare a copy of this resolution for presentation to Virginia Housing as an expression of the General Assembly’s congratulations and admiration for the authority’s dedication to serving the residents of the Commonwealth.