SB 869
Creating WV Housing Stability Fund
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- Passed Senate
- Passed House of Delegates
- To Governor
- Became Law
Bill overview
This bill creates the West Virginia Housing Stability Fund to address housing instability and homelessness in the state. The fund, administered by the Department of Human Services, will receive funding from various sources and distribute grants to child welfare agencies, housing authorities, and qualifying nonprofit organizations. These organizations can then provide housing assistance vouchers and utility bill assistance payments to eligible residents, prioritizing low- to moderate-income families with children and those facing imminent housing instability.
Key provisions
- Creates the West Virginia Housing Stability Fund.
- Authorizes the Department of Human Services to administer the fund.
- Allows for funding from appropriations, grants, donations, and investment income.
- Provides grants to child welfare agencies, housing authorities, and nonprofits for housing assistance vouchers and utility bill assistance.
- Establishes eligibility criteria for assistance, prioritizing families with children and those at risk of homelessness.
- Requires recipients to report on fund usage and outcomes.
- Allows for grant recipients to structure vouchers consistent with Section 8 of the Housing Act of 1937.
- Permits use of funds to prevent eviction.
Who is affected
- Families experiencing housing instability
- Children at risk of homelessness
- Child welfare agencies
- Housing authorities
- Nonprofit organizations providing housing assistance
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