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21 <br /> Orange CounEy AFFORDABLE HOUSING STRATEGIC PLAN 2016 -2020 <br /> BOCC Work _ n September 8, 2016 <br /> • Collaborative partners examining the feasibility of Pay for Success with VSH include Homeward, the <br /> Richmond Justice Center, Richmond FUSE Initiative, Greater Richmond Continuum of Care, the Virginia <br /> Department of Corrections, the Virginia Pay for Success Lab of the University of Virginia's Frank Batten <br /> School of Leadership and Public Policy, VCU Health and Bon Secours Richmond Health System. <br /> • The competitive grant, valued at $100,000 in services and resources, includes technical expertise from the <br /> Center for Health Care Strategies, which will provide expertise in Medicaid and other public financing <br /> sources for serving vulnerable populations, and Third Sector Capital Partners, which will offer guidance on <br /> building financial modeling capacity and designing and structuring procurement processes. <br /> • A portion of the funding awarded by CSH is from the Corporation for National and Community Service's <br /> Social Innovation Fund. <br /> About Virginia Supportive Housing <br /> VSH is Virginia's first and leading supportive housing agency, serving more than 1,500 individuals annually in <br /> Richmond, Hampton Roads and Charlottesville. Founded in 1988 and headquartered in Richmond, the agency <br /> developed and manages 543 units of supportive housing in 16 multi-family properties. VSH also partners with <br /> other landlords and provides mobile case management to residents living in those apartments. The non-profit <br /> organization administers the largest Supportive Services for Veteran Families program in Virginia, playing a key <br /> role in preventing and ending veteran homelessness. <br /> HUD SRO Program <br /> HUD enters into an agreement with Public Housing Agencies (PHAs) in connection with the rehabilitation of <br /> residential properties. When rehabilitation of the SRO is completed, a PHA makes Section 8 rental assistance <br /> payments to participating owners (i.e., landlords) on behalf of homeless individuals who rent the rehabilitated <br /> dwellings. The rental assistance payments cover the difference between a portion of the tenant's income (normally <br /> 30%) and the unit's rent. <br /> 19 <br />