Affordable housing; price controls. (HB330)

Introduced By

Sen. Jennifer McClellan (D-Richmond)

Progress

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

Description

Affordable housing; price controls. Changes the current requirement, which localities may include in their affordable dwelling unit ordinances, that the prices for resales and rerentals be controlled by the authority or locality from "for a period of fifty years" after the initial sale or rental transaction for each affordable dwelling unit, to "at least 15 years." Amends § 15.2-2305, of the Code of Virginia. Read the Bill »

Status

02/08/2008: Merged into HB879

History

DateAction
01/04/2008Committee
01/04/2008Prefiled and ordered printed; offered 01/09/08 086901624
01/04/2008Referred to Committee on General Laws
01/17/2008Assigned GL sub: Housing
02/08/2008Incorporated by General Laws (HB879-Loupassi)