On March 23, Governor Glenn Youngkin approved legislation to add affordable housing to the list of project areas that local governments may finance through VRA. HB1805 (Bloxom) and SB1401 (Lewis) were sponsored to provide another “tool in the toolbelt” for local governments to address housing affordability.

Capacity challenges can hinder smaller communities from performing critical planning exercises. The International City/ County Management Association (ICMA) awarded a research fellowship to Dr. Stephanie Dean Davis of Virginia Tech’s Graduate Local Government Management Program to study this issue.

The National League of Cities is a proud sponsor of the Local Infrastructure Hub, a Database of approximately 400 funding opportunities available through the Bipartisan Infrastructure Law and the Inflation Reduction Act.

Collaboration is at the core of VRA’s mission. Since 1984, VRA’s team of finance professionals has been supporting and promoting partnerships and regional collaborations between local governments aimed at meeting the critical infrastructure needs of Virginia residents and businesses.