Sens. Warner & Kaine Announce $160,000 in Funding to Relieve Veteran Homelessness in Hampton

(RECAP: As we head into Independence Day weekend, Sens. Mark Warner and Tim Kaine announced today that HU) and Veterans Affairs (V-A) will award $166,336 to the Hampton Redevelopment and Housing Authority (HRHA) to help homeless veterans find affordable and stable housing. The HUD-Veterans Affairs Supportive Housing (HUD-VASH) program combines rental help voucher programs for homeless veterans administered by HUD with case management and clinical services provided by the V-A. The awards will help with the administrative costs incurred while providing support services for veterans at medical centers and community-based outreach clinics, and decrease the amount of time it takes for a veteran to locate and go into a housing unit.)

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Historic building in Fan District converted into apartments

(RECAP: A historic structure in Richmond’s Fan District that served as a residence, hospital, law school and office has entered its newest iteration as an apartment building. The three-tale brick Columbia house — with two above-ground tales and one partially underground basement — at the northeast corner of West Grace and North Lombardy streets is now Columbia Apartments. Its first residents go in this weekend. Twenty-three of the 25 apartments are leased. One- and two-bedroom apartments in the newly renovated building range from 410 square feet to 924 square feet. Monthly rents are $749 to $1,399. Historic tax credits were used to offset the cost of renovations.)

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Text of Dodd-Frank replacement bill released

(RECAP: Last month, Republican Congressman Jeb Hensarling, who chairs the House Financial Services Committee, released a summary of “The Financial CHOICE Act,” a bill to replace the Dodd-Frank Act. The summary indicated the bill would include a series of CFPB reforms, including a change in the CFPB’s name to the “Consumer Financial Opportunity Commission,” replacement of the current single director with a bipartisan, five-member commission, funding of the commission through the appropriations process, repeal of the CFPB’s authority to prohibit consumer financial services or products it deems “abusive” and prohibit or impose conditions or limitations on the use of arbitration agreements.)

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