RICHMOND, Va. (CBS19 NEWS) -- Several area affordable and special needs housing projects are getting some funding.

Governor Glenn Youngkin announced more than $52.2 million in Affordable and Special Needs Housing loans on Tuesday.

According to a release, the 49 projects getting funding will create and preserve 3,248 total units for low-income and extremely low-income households, including 337 permanent supportive housing units, 3,155 rental units, and 93 units for sale as homeownership opportunities.

“Ensuring that Virginians have access to attainable, affordable, and inclusive housing is not only a fundamental need but also a strategic component for the prosperity of our state,” said Youngkin. “By bolstering the availability of affordable housing, we are planting the seeds of economic empowerment, by strengthening our communities, and ensuring a prosperous Virginia to live, work and raise a family for generations to come.” 

These loans are administered by the Virginia Department of Housing and Community Development, combining state and federal resources.

This aims to provide a comprehensive application process that is simpler to use.

The funding comes from four main sources: the federal HOME Investment Partnerships Program, the federal National Housing Trust Fund, Housing Innovations in Energy Efficiency, Permanent Supportive Housing state funds as well as the Virginia Housing Trust Fund.

The General Assembly provides the VHTF, supporting financing for construction projects that create or preserve affordable housing units, reduce the cost of affordable housing and increase homeownership.

The release says this funding is a key source of financing for those affordable housing initiatives supporting moderate and low-income families and homeless reduction grants providing rapid re-housing and longer-term housing for those experiencing chronic homelessness.

There were 60 applications received for this round of funding, which asked for more than $105 million.

In Charlottesville, the Piedmont Housing Alliance is getting $1.8 million for its 1025-A Park Street project, $1.6 million for the second phase of the Friendship Court Apartments redevelopment project, and $900,000 for the 1025-B Park Street project.

The Charlottesville Redevelopment and Housing Authority is getting $1.7 million for the project at Crescent Halls as well as $1 million for phase one of the South First Street Project and $1.4 million for phase two of that project.

Habitat for Humanity of Greater Charlottesville is getting two loans of $700,000 each for two parts of the Southwood Village 3 project, one for single-family homes and the other for townhomes.

Then Community Services Housing, Inc. is also getting $900,000 for a project on Northeast 11th Street.

In Albemarle County, Virginia Supportive Housing is getting more than $725,000 for a project on Premier Circle.

And in Orange County, the Rappahannock Rapidan Community Services Board is getting $900,000 for the Madison Road Apartments project.

The release says the funded projects will leverage more than $992 million in other federal, state, local and private lending resources.

To see the full list of projects, click here.