charlottesville supplemental rental assistance program (CSRAP)
FISCAL YEAR 2024 BUDGET
SUMMARY
Project Name: Charlottesville Supplemental Rental Assistance Program
Department: Community Solutions
Start Date: 7/01/2022
End Date Ongoing
PROJECT DESCRIPTION:
These funds continue the City’s support for the Charlottesville Supplemental Rental Assistance Program (CSRAP), which provides monthly tenant-based rental assistance for Extremely Low - Low Income households.
RELATIONSHIP TO comprehensive PLAN:
Chapter 5 : Housing
Goal 1. Funding Commitments
Establish and sustain a funding commitment to address affordable housing needs, tied to requirements to address community goals.
Goal 7. Subsidy Programs
Focus and align subsidy programs with community-defined priorities and make
changes to increase the impact of public spending.
PROJECT OBJECTIVES / STATUS:
Objectives: To provide rental assistance for low-income residents.
Status: Funding for this program was first allocated in FY18. To date $5,295,000 has been allocated by the City for this program. Currently, approximately 62 rental subsidies are covered each month through the City’s funding. This is an ongoing project.
Cost Estimate
Operating Impacts
Operating impacts to be determined in the future.