VirginiaVirginia Housing Trust Fund; geographic equity impact assessment.
What it does
Virginia Housing Trust Fund; geographic equity impact assessment. Requires the Department of Housing and Community Development to conduct an annual geographic equity assessment (GEIA) to identify distressed localities that have historically received less investment for housing and economic development. The bill provides that, of the 80 percent of moneys from the Virginia Housing Trust used to provide flexible financing for low-interest loans, no more than 20 percent shall be allocated to a single locality unless such locality has been identified as underserved in the most recent GEIA.
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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 11Passed 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 5Referred to Committee on Finance and AppropriationsMinor
- Feb 5Constitutional reading dispensed (on 1st reading)
- Feb 4Read third time and passed House (54-Y 44-N)Passed House
- Vote recorded Read third time and passed House (54-Y 44-N). Result: pass.Lower
- Feb 4Fiscal Impact Statement from Department of Planning and Budget (HB2048)
- Feb 3Engrossed by House - committee substituteMajor
- Feb 3Appropriations Substitute agreed to
- Feb 3Finance Substitute rejected
- Feb 3Read second timeMinor
- Feb 2Read first timeMinor
- Jan 31Committee substitute printed 25106592D-H2Major
- Vote recorded Reported from Appropriations with substitute (14-Y 8-N). Result: pass.Lower
- Jan 31Reported from Appropriations with substitute (14-Y 8-N)Minor
- Jan 30Assigned Approps sub: Commerce Agriculture & Natural ResourcesMinor
- Jan 29Committee substitute printed 25105644D-H1Major
- Vote recorded Reported from Finance with substitute and rereferred to Appropriations (12-Y 10-N). Result: pass.Lower
- Jan 29Reported from Finance with substitute and referred to Appropriations (12-Y 10-N)Minor
- Jan 28Subcommittee recommends reporting with substitute and referring to Appropriations (5-Y 2-N)Major
- Vote recorded Subcommittee recommends reporting with substitute and rereferred to Appropriations (5-Y 2-N). Result: pass.Lower
- Jan 22Fiscal Impact Statement from Department of Planning and Budget (HB2048)
- Jan 20Assigned Finance sub: Subcommittee #2Minor
- Jan 7Referred to Committee on FinanceMinor
- Jan 7Prefiled and ordered printed; Offered 01-13-2025 25102691DIntroduced
- Feb 11Passed by indefinitely in Finance and Appropriations (15-Y 0-N)Latest