Grant · Housing and Economic Development

Economic Development Workforce Housing Incentive Pilot Program

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No deadline listed
Amount
$3,600,000
Program type
Grant
Field
Housing and Economic Development
Eligible career stages
Not listed

About this program

The Virginia Tobacco Region Revitalization Commission’s Economic Development Workforce Housing Incentive Pilot Program provides $3.6 million in FY26 funding to expand workforce housing and support major economic development projects in the Tobacco Region. Awards of up to $1 million, or $50,000 per unit, may support site development, infrastructure, or construction for rental or for-sale housing and require a minimum three-to-one match. Political subdivisions must apply on behalf of a for-profit or nonprofit housing developer, demonstrate a connection to an economic development project and a local workforce housing plan, and target middle-income households generally earning 80–150% of area median income. Applications are accepted on a rolling basis, beginning with a required pre-application, and must document housing demand, affordability, and a funding gap through a completed project pro forma.

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Full eligibility

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