VA HB2048 | 2025 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 5-0)
Status: Engrossed on February 3 2025 - 50% progression
Action: 2025-02-05 - Referred to Committee on Finance and Appropriations
Pending: Senate Finance and Appropriations Committee
Text: Latest bill text (Comm Sub) [HTML]
Status: Engrossed on February 3 2025 - 50% progression
Action: 2025-02-05 - Referred to Committee on Finance and Appropriations
Pending: Senate Finance and Appropriations Committee
Text: Latest bill text (Comm Sub) [HTML]
Summary
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 Fund 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.
Title
Virginia Housing Trust Fund; geographic equity impact assessment.
Sponsors
| Del. Bonita Anthony [D] | Del. Debra Gardner [D] | Del. Michael Jones [D] | Del. Karen Keys-Gamarra [D] |
| Del. Destiny LeVere Bolling [D] |
Roll Calls
2025-02-04 - House - Read third time and passed House (54-Y 44-N) (Y: 54 N: 44 NV: 0 Abs: 2) [PASS]
2025-01-31 - House - Reported from Appropriations with substitute (14-Y 8-N) (Y: 14 N: 8 NV: 0 Abs: 0) [PASS]
2025-01-29 - House - Reported from Finance with substitute and referred to Appropriations (12-Y 10-N) (Y: 12 N: 10 NV: 0 Abs: 0) [PASS]
2025-01-28 - House - Subcommittee recommends reporting with substitute and referring to Appropriations (5-Y 2-N) (Y: 5 N: 2 NV: 0 Abs: 2) [PASS]
2025-01-31 - House - Reported from Appropriations with substitute (14-Y 8-N) (Y: 14 N: 8 NV: 0 Abs: 0) [PASS]
2025-01-29 - House - Reported from Finance with substitute and referred to Appropriations (12-Y 10-N) (Y: 12 N: 10 NV: 0 Abs: 0) [PASS]
2025-01-28 - House - Subcommittee recommends reporting with substitute and referring to Appropriations (5-Y 2-N) (Y: 5 N: 2 NV: 0 Abs: 2) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2025-02-05 | Senate | Referred to Committee on Finance and Appropriations |
| 2025-02-05 | Senate | Constitutional reading dispensed (on 1st reading) |
| 2025-02-04 | House | Read third time and passed House (54-Y 44-N) |
| 2025-02-04 | House | Fiscal Impact Statement from Department of Planning and Budget (HB2048) |
| 2025-02-03 | House | Engrossed by House - committee substitute |
| 2025-02-03 | House | Appropriations Substitute agreed to |
| 2025-02-03 | House | Finance Substitute rejected |
| 2025-02-03 | House | Read second time |
| 2025-02-02 | House | Read first time |
| 2025-01-31 | House | Committee substitute printed 25106592D-H2 |
| 2025-01-31 | House | Reported from Appropriations with substitute (14-Y 8-N) |
| 2025-01-30 | House | Assigned Approps sub: Commerce Agriculture & Natural Resources |
| 2025-01-29 | House | Committee substitute printed 25105644D-H1 |
| 2025-01-29 | House | Reported from Finance with substitute and referred to Appropriations (12-Y 10-N) |
| 2025-01-28 | House | Subcommittee recommends reporting with substitute and referring to Appropriations (5-Y 2-N) |
| 2025-01-22 | House | Fiscal Impact Statement from Department of Planning and Budget (HB2048) |
| 2025-01-20 | House | Assigned Finance sub: Subcommittee #2 |
| 2025-01-07 | House | Referred to Committee on Finance |
| 2025-01-07 | House | Prefiled and ordered printed; Offered 01-13-2025 25102691D |
