Mixed-income housing; creating a two-year pilot program that provides loan origination, etc.
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What it does
Official summary
Department of Housing and Community Development; loans for the construction of mixed income housing; report. Directs the Department of Housing and Community Development, in collaboration with the Virginia Housing Development Authority, to create a two-year pilot program that would provide loan origination and servicing activities for mixed income housing and submit a report on its findings to the General Assembly by November 1 of each year of the pilot program. The bill provides that any funding for the pilot program, subject to the appropriation act, shall be utilized from up to 15 percent of the annual deposit made to the Virginia Housing Trust Fund.
More detail
This bill is identical to HB 820 and SB 490.
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More on this bill
Where it stands
Introduced
Passed House
Passed Senate
To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2026
Apr 12Governor's recommendation received by HouseLatest
Apr 1Fiscal Impact Statement from Department of Planning and Budget (HB196)
Mar 31Governor's Action Deadline 11:59 p.m., April 13, 2026To Governor
Mar 31Enrolled Bill communicated to Governor on March 31, 2026Minor
Mar 31Signed by SpeakerMajor
Mar 30Signed by PresidentMajor
Mar 30Bill text as passed House and Senate (HB196ER)Major
Mar 30EnrolledMinor
Mar 18Fiscal Impact Statement from Department of Planning and Budget (HB196)
Mar 14Conference report agreed to by House (91-Y 6-N 0-A)Minor
Vote recorded H VOTE:. Result: pass.Lower
Mar 14Passed by temporarily
Mar 13Conference report agreed to by Senate (37-Y 2-N 0-A)Minor
Vote recorded Adopt Conference Committee Report R. Result: pass.Upper
Mar 13Conference Report released
Mar 12Senate Conferees: VanValkenburg, Locke, Pillion
Vote recorded Insist & Request R. Result: pass.Upper
Mar 12Conferees appointed by Senate
Mar 12House Conferees: Thomas, Helmer, Wiley
Mar 12Conferees appointed by House
Mar 12House acceded to request
Mar 12Senate requested conference committeeMinor
Mar 12Senate insisted on substitute Block Vote (40-Y 0-N 0-A)Major
Mar 11Senate substitute rejected by House (2-Y 96-N 0-A)
Vote recorded H VOTE:. Result: fail.Lower
Mar 10Passed Senate with substitute Block Vote (40-Y 0-N 0-A)Passed Senate
Vote recorded Passage R. Result: pass.Upper
Mar 10Engrossed by Senate - committee substituteMajor
Mar 10Finance and Appropriations Substitute agreed to
Mar 10Read third timeMinor
Mar 9Passed by for the day Block Vote (Voice Vote)
Vote recorded Constitutional reading dispensed (on 2nd reading). Result: pass.Upper
Mar 9Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)
Mar 9Rules suspended
Mar 9Committee substitute printed 26109381D-S1Major
Mar 6Reported from Finance and Appropriations with substitute (14-Y 0-N)Minor
Vote recorded Reported from Finance and Appropriations with substitute. Result: pass.Upper
Feb 6Referred to Committee on Finance and AppropriationsMinor
Feb 6Constitutional reading dispensed (on 1st reading)
Feb 5Read third time and passed House (92-Y 6-N 0-A)Passed House
Vote recorded H VOTE:. Result: pass.Lower
Feb 5Fiscal Impact Statement from Department of Planning and Budget (HB196)
Feb 4Engrossed by House - committee substituteMajor
Feb 4committee substitute agreed toMajor
Feb 4Read second timeMinor
Feb 4Moved from Uncontested Calendar to Regular Calendar
Feb 3Read first timeMinor
Jan 30Committee substitute printed 26106457D-H1Major
Vote recorded Reported from Appropriations with substitute. Result: pass.Lower
Jan 30Reported from Appropriations with substitute (21-Y 0-N)Minor
Jan 30House committee offered
Jan 28Subcommittee recommends reporting with substitute (5-Y 0-N)Major
Vote recorded Subcommittee recommends reporting with substitute. Result: pass.Lower
Jan 28House subcommittee offered
Jan 22Fiscal Impact Statement from Department of Planning and Budget (HB196)
Jan 15Assigned HAPP sub: Commerce Agriculture & Natural ResourcesMinor
Jan 7Referred to Committee on AppropriationsMinor
Jan 7Prefiled and ordered printed; Offered 01-14-2026 26104171DIntroduced