Description
Title: To amend the Fiscal Year 2026-2027 General Fund Budget by (i) re-appropriating $3,168,000.00 from the Fiscal Year 2025-2026 General Fund Committed Fund Balance to the Fiscal Year 2026-2027 Operating Budget, (ii) creating a new line item in the Outside Agencies and Central Appropriations agency entitled “Presbyterian Homes and Family Services, Inc.,” and (iii) appropriating such $3,168,000.00 to such new line item and to existing Outside Agencies and Central Appropriations agency Central Virginia Legal Aid Society, Inc., Freeze Program, and Southside Community Development and Housing Corporatio
Summary
Ordinance No. 2026-172, introduced on July 6, 2026, amends the City of Richmond's Fiscal Year 2026-2027 General Fund Budget by reallocating $3,168,000 from the previous fiscal year's committed fund balance. This funding is designated for housing cost relief initiatives that directly benefit city residents. Specifically, the ordinance creates a new line item for Presbyterian Homes and Family Services, Inc., and allocates funds to existing initiatives including the Central Virginia Legal Aid Society, the Freeze Program, and the Southside Community Development and Housing Corporation. The measure is crucial for maintaining uninterrupted services such as eviction assistance and legal counsel for residents facing housing crises. A public hearing is scheduled for July 27,