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HB3002: Affordable housing; investment of funds.

Chief Patron

Del. Jim Scott (D-53)

Jim Scott (D-53)
Merrifield, VA
Served: 1992–

Progress

	Introduced
	Passed Committee
	Passed House
	Passed Senate
	Signed by Governor
	Became Law

Status

03/20/2007: signed by governor

View Entire History

Summary

Investment of funds; affordable housing. Removes the requirement that a locality enact an affordable dwelling unit ordinance prior to providing a preference for community reinvestment activities in contracts for investment of the locality's funds. The bill also allows localities to consider the investment activities of qualifying institutions that enhance the accessibility of affordable housing to local employees in determining the award of any contract for time deposits or investment of their funds.

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Poll Results

No Richmond Sunlight visitors voted on this bill while voting was open.

Tags

affordable housing

Bill Text

Related Bills

Introduced: January 06, 2006
Status: assigned to subcommittee

: Condominium Act; allows elderly or disabled tenants in conversion units to assign purchase right.

Introduced: January 03, 2007
Status: assigned to subcommittee

: Housing Trust Fund; name change, deposit of recordation tax revenues into Fund.

Introduced: January 08, 2007
Status: signed by governor

: Affordable housing; localities that adopt program of bonus density will be allowed certain incentiv.

Introduced: January 10, 2007
Status: signed by governor

: Condominium Act; allows elderly or disabled tenants in conversion units to assign purchase right.

Introduced: January 10, 2007
Status: assigned to subcommittee

: Rental assistance pilot project; Department of Housing & Community Development to establish, report.

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