DRAFT/PRE-DECISIONAL State Home Construction Grant Program Update State Home Construction Grant Program Update Project Funding VA receives $85M program.

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Presentation transcript:

DRAFT/PRE-DECISIONAL State Home Construction Grant Program Update 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) 1

DRAFT/PRE-DECISIONAL State Home Construction Grant Program Update 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 2

DRAFT/PRE-DECISIONAL State Home Construction Grant Program Update 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 3