draft/pre-decisional state home construction grant program update state home construction grant...
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DRAFT/PRE-DECISIONAL
State Home Construction Grant Program Update
Project Funding
VA receives $85M program funding (FY14)
VA funds 24 state home grants ($96.5M)
• 16 final grant awards ($18.9M)
• 7 conditional grant awards ($55.6M)
• VA funds Walla Walla SVH ($22M)
VA requests $80M in program funding (FY15)
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DRAFT/PRE-DECISIONAL
State Home Construction Grant Program Update
New Grant Applications
VA received 34 initial grant applications for FY15
Total VA matching funds = $212M
• 13 safety and 18 renovation projects ($69M)
• 4 new construction projects ($143M)
Total 500 beds in WI, MD, HI & AZ
• All safety projects will be funded in FY15
Reminder: Initial grant applications may be submitted year round in grants.gov
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DRAFT/PRE-DECISIONAL
State Home Construction Grant Program Update
Grant Reimbursement
VA currently provides reimbursement on 98 grant awards.
• Clear all state requests by end of week
• 18 of 98 awards are >95% complete
• VA estimates 60+ grants closed in FY14
VA processes 150+ state reimbursement requests in FY14.
• VA reimburses states > $90M in construction costs
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