VA HB1758 | 2025 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 10-0)
Status: Engrossed on January 31 2025 - 50% progression
Action: 2025-01-31 - Engrossed by House - committee substitute
Text: Latest bill text (Comm Sub) [HTML]

Summary

Surplus real property; prioritization of disposition for affordable housing. Requires the Department of General Services to determine whether, following an offer of surplus property to the chief administrative officer of the locality within which the surplus property is located, as well as to any economic development entity for such locality, such surplus property is suitable for the development of affordable housing, as defined by the bill. If the Department so determines, the bill provides that such property shall be offered for at least 180 days exclusively to eligible organizations, as defined by the bill, for the purpose of developing affordable housing, provided that the terms of the disposition include a recorded covenant to provide affordable housing for at least 40 years. The bill also requires the governing body of each locality to prepare an inventory list of all real property within its jurisdiction to which the locality or any dependent special district within its boundaries holds fee simple title that is suitable for the development of affordable housing. If the governing body of a locality chooses to dispose of such a property, such property shall be offered for at least 180 days exclusively to eligible organizations, as defined by the bill, for the purpose of developing affordable housing, through purchase, lease, exchange, or donation in return for a recorded covenant to provide affordable housing for at least 40 years.

Tracking Information

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Title

Surplus real property; prioritization of disposition for affordable housing.

Sponsors


Roll Calls

2025-01-28 - House - Reported from General Laws with substitute (15-Y 7-N) (Y: 15 N: 7 NV: 0 Abs: 0) [PASS]
2025-01-23 - House - Subcommittee recommends reporting with substitute (7-Y 1-N) (Y: 7 N: 1 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2025-01-31HouseEngrossed by House - committee substitute
2025-01-31HouseGeneral Laws Substitute agreed to
2025-01-31HouseRead second time
2025-01-30HouseRead first time
2025-01-28HouseCommittee substitute printed 25105687D-H1
2025-01-28HouseReported from General Laws with substitute (15-Y 7-N)
2025-01-28HouseFiscal Impact Statement from Department of Planning and Budget (HB1758)
2025-01-23HouseSubcommittee recommends reporting with substitute (7-Y 1-N)
2025-01-23HouseFiscal Impact Statement from Department of Planning and Budget (HB1758)
2025-01-22HouseImpact statement from CLG (HB1758)
2025-01-13HouseAssigned GL sub: Professions/Occupations and Administrative Process
2025-01-05HouseReferred to Committee on General Laws
2025-01-05HousePrefiled and ordered printed; Offered 01-08-2025 25101770D

Virginia State Sources


Bill Comments

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