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 196 and HB 820.
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More on this bill
Where it stands
Introduced
Passed Senate
Passed House
To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2026
Apr 12Governor's recommendation received by SenateLatest
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 31Fiscal Impact Statement from Department of Planning and Budget (SB490)
Mar 30Signed by PresidentMajor
Mar 30Bill text as passed Senate and House (SB490ER)Major
Mar 30EnrolledMinor
Mar 14Conference report agreed to by House (66-Y 30-N 0-A)Minor
Vote recorded H VOTE:. Result: pass.Lower
Mar 13Conference report agreed to by Senate (39-Y 0-N 0-A)Minor
Vote recorded Adopt Conference Committee Report R. Result: pass.Upper
Mar 13Conference Report released
Mar 10House Conferees: Helmer, Thomas, Wiley
Mar 10Conferees appointed by House
Mar 9Senate Conferees: VanValkenburg, Locke, Pillion
Vote recorded Accede Conference Committee R. Result: pass.Upper
Mar 9Conferees appointed by Senate
Mar 9Senate acceded to request Block Vote (40-Y 0-N 0-A)
Mar 5House requested conference committeeMinor
Mar 5House insisted on substituteMajor
Mar 4House substitute rejected by Senate (0-Y 40-N 0-A)
Vote recorded Concur House Substitute R. Result: fail.Upper
Mar 2Fiscal Impact Statement from Department of Planning and Budget (SB490)
Vote recorded H VOTE:. Result: pass.Lower
Mar 2Passed House with substitute (67-Y 32-N 0-A)Passed House
Mar 2Engrossed by House - committee substituteMajor
Mar 2committee substitute agreed toMajor
Mar 2Read third timeMinor
Feb 27Read second timeMinor
Feb 25Committee substitute printed 26108542D-H1Major
Vote recorded Reported from Appropriations with substitute. Result: pass.Lower
Feb 25Reported from Appropriations with substitute (17-Y 5-N)Minor
Feb 25House committee offered
Feb 19Assigned HAPP sub: Commerce Agriculture & Natural ResourcesMinor
Feb 19Referred to Committee on AppropriationsMinor
Feb 19Read first timeMinor
Feb 19Placed on Calendar
Feb 18Fiscal Impact Statement from Department of Planning and Budget (SB490)
Feb 16Blank Action
Vote recorded Constitutional reading dispensed (on 3rd reading). Result: pass.Upper
Vote recorded Passage R. Result: pass.Upper
Feb 16Read third time and passed Senate Block Vote (39-Y 0-N 0-A)Passed Senate
Feb 16Constitutional reading dispensed Block Vote (on 3rd reading) (39-Y 0-N 0-A)
Feb 16Rules suspended
Feb 16Engrossed by Senate - committee substitute Block Vote (Voice Vote)Major
Feb 16Committee substitute agreed to (Voice Vote)Major
Feb 16Committee substitute rejected (Voice Vote)
Feb 16Read second timeMinor
Feb 13Passed by for the day
Vote recorded Constitutional reading dispensed R. Result: pass.Upper
Feb 13Committee substitute printed 26107936D-S2Major
Feb 13Constitutional reading dispensed (on 1st reading) (35-Y 0-N 0-A)
Feb 13Rules suspended
Feb 12Reported from Finance and Appropriations with substitute (15-Y 0-N)Minor
Vote recorded Reported from Finance and Appropriations with substitute. Result: pass.Upper
Feb 5Fiscal Impact Statement from Department of Planning and Budget (SB490)
Feb 5Committee substitute printed 26106993D-S1Major
Feb 4Senate committee offered
Vote recorded Reported from General Laws and Technology with substitute. Result: pass.Upper
Feb 4Reported from General Laws and Technology with substitute and rereferred to Finance and Appropriations (15-Y 0-N)Minor
Jan 28Senate subcommittee offered
Jan 21Assigned GL&T sub: HousingMinor
Jan 13Referred to Committee on General Laws and TechnologyMinor
Jan 13Prefiled and ordered printed; Offered 01-14-2026 26103258DIntroduced