VirginiaStatewide housing targets; requires localities to increase their total housing stock.
What it does
Statewide housing targets for localities. Requires localities to increase their total housing stock by at least 7.5 percent over the five-year period beginning January 1, 2027. The bill provides that in order to meet the 7.5 percent growth target, a locality shall develop a housing growth plan that best meets the needs of the locality and may include any of various listed housing growth strategies.
More detail
The bill further provides that after January 1, 2032, an applicant who seeks local government approval for a residential development that will have the effect of increasing the supply of housing in a locality and has that application rejected may, in addition to other remedies, appeal such decision to the Housing Approval Board, which shall be established by the Director of the Department of Housing and Community Development. The bill authorizes the Housing Approval Board to overturn local decisions and approve applications under certain circumstances. However, if the Housing Approval Board determines that a locality has in good faith implemented at least three of the housing growth strategies listed in the bill and has not rejected more than 25 percent of new housing development proposals over the previous five years, the Housing Approval Board shall allow the local decision to stand. Finally, the bill provides that the Housing Approval Board shall give extra weight for increases in affordable housing and for the rehabilitation of current, underutilized housing stock. The bill has a delayed effective date of July 1, 2026.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Feb 12Passed by indefinitely in Finance and Appropriations (15-Y 0-N)Latest
- Vote recorded Passed by indefinitely in Finance and Appropriations (15-Y 0-N). Result: pass.Upper
- Feb 10Reported from Local Government with amendment and rereferred to Finance and Appropriations (7-Y 6-N 2-A)Minor
- Vote recorded Reported from Local Government with amendment and rereferred to Finance and Appropriations (7-Y 6-N 2-A). Result: pass.Upper
- Feb 5Referred to Committee on Local GovernmentMinor
- Feb 5Constitutional reading dispensed (on 1st reading)
- Feb 5Fiscal Impact Statement from Department of Planning and Budget (HB2641)
- Feb 4Read third time and passed House (50-Y 48-N)Passed House
- Vote recorded Read third time and passed House (50-Y 48-N). Result: pass.Lower
- Feb 3Printed as engrossed 25103848D-E
- Feb 3Engrossed by House as amended
- Feb 3Appropriations Amendments agreed toMajor
- Feb 3Read second timeMinor
- Jan 31Read first timeMinor
- Jan 29Reported from Appropriations with amendment(s) (12-Y 9-N)Minor
- Vote recorded Subcommittee recommends reporting with amendment(s) (5-Y 3-N). Result: pass.Lower
- Vote recorded Reported from Appropriations with amendment(s) (12-Y 9-N). Result: pass.Lower
- Jan 29Subcommittee recommends reporting with amendment(s) (5-Y 3-N)
- Jan 25Assigned Approps sub: Commerce Agriculture & Natural ResourcesMinor
- Jan 24Reported from Counties, Cities and Towns and referred to Appropriations (11-Y 9-N)Minor
- Vote recorded Reported from Counties, Cities and Towns and rereferred to Appropriations (11-Y 9-N). Result: pass.Lower
- Jan 23Subcommittee recommends reporting (5-Y 3-N)
- Vote recorded Subcommittee recommends reporting (5-Y 3-N). Result: pass.Lower
- Jan 21Assigned CCT sub: Subcommittee #2Minor
- Jan 20Assigned CCT sub: Subcommittee #3Minor
- Jan 14Referred to Committee on Counties, Cities and TownsMinor
- Jan 14Presented and ordered printed 25103848DMinor
- Jan 14Presented and ordered printed 25103848DIntroduced
- Feb 12Passed by indefinitely in Finance and Appropriations (15-Y 0-N)Latest