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HomeMy WebLinkAboutII. C. FY 2025- 26 RESOURCE MANAGEMENT PLAN ( BUDGET) 7. HOUSING AND NEIGHBORHOOD PRESERVATION 4.29.2025PROPOSED FY 2025-26 OPERATING BUDGET City of Virginia Beach Ruth D. Hill, Director Housing & Neighborhood Preservation April 29, 2025 Department Organization Summary •Total FTEs •Total FTEs •Number of Divisions •Total FY 2024-25 Budget •Number of Divisions •Total FY 2024-25 Budget Total FTEs Number of Divisions Total FY 2025-26 Budget 96 5 $49,285,681 Total FTEs Division Total FY 2025-26 Budget 12 Director’s Office 4,492,199 27 Homeless Services 6,568,185 31 Code Enforcement 3,556,387 21 Rental Housing 32,924,556 5 Housing Development 1,744,354 96 TOTAL ALL DIVISIONS $49,285,681 2 FY 2025-26 Programmatic Budget - Proposed •Total FTEs •Total FTEs •Number of Divisions •Total FY 2024-25 Budget •Number of Divisions •Total FY 2024-25 Budget Rental Housing, $32,924,556 , 67% Code Enforcement, $3,556,387 , 7% Homeless Services, $6,568,185 , 13% Housing Development, $1,744,354 , 4% Director's Office, $4,492,199 , 9%PROPOSED 3 FY 2025-26 Budget by Revenue Source - Proposed •Total FTEs •Total FTEs •Number of Divisions •Total FY 2024-25 Budget •Number of Divisions •Total FY 2024-25 Budget Federal Section 8/Housing Choice Voucher Program, $29,423,450 , 72% State Revenue, $1,592,698 , 4% Other Federal Revenue, $6,501,732 , 16% Charges for Services, $2,420,000 , 6% Miscellaneous Revenue, $170,000 Transfers In, $445,228 , 1%Reserves, $285,212 , 1%PROPOSED 4 Department Operating Budget Summary 5 Program FY2024-25 Amended FY 2024-25 FTE FY 2025-26 Proposed FY 2025-26 FTE Change ($)Change (%) General Fund $8,612,142 51.69 $8,767,361 52.65 $155,219 1.80% Housing Choice Voucher Program Fund 28,527,565 22.98 31,884,662 24.00 3,357,097 11.77% State Rental Assistance Program Fund 1,457,690 0.38 1,592,698 0.60 135,008 9.26% Consolidated Grants Fund 3,396,886 1.20 3,396,886 1.50 0 0.00% Federal Housing Assistance Fund 1,093,428 0.70 1,038,348 1.20 (55,080)(5.04)% Community Development Grant Fund 3,787,119 17.05 2,605,726 16.05 (1,181,393)(31.20)% Total $46,874,830 94 $49,285,681 96 2,410,851 5.14% Major Changes •In February 2024, we expanded the single shelter program at the HRC by 32 beds. A total of 378 unique individuals have been served since that date. •Since taking over Day Services in July DHNP served over 800 unique individuals experiencing unsheltered homelessness. Case management has resulted in over 140 individuals connecting to shelter, with 30 individuals connected to permanent housing and 20 individuals securing ID documents. •Housing Choice Voucher program implemented small area fair market rent increases to help with affordability in January 2025. 6 •Conversion of Two Long-Term Contracted Manpower Positions - the positions will provide case management and support services to households which are experiencing homelessness. This conversion will assist with lowering the high turnover in contracted positions. Initiatives Underway and Conclusion •Encampment Workgroup has responded to and cleared 100 encampments. 20 individuals transitioned to shelter. •Approval of Attainable Workforce Performance Grant Ordinance April 1, 2025 •No official notice of federal cutbacks to date. May impact HCV and community Continuum of Care Funding. 7