VHDA Act; terms and conditions of purchases from and sales to lenders of mortgage loans. (HB1887)

Introduced By

Del. David Bulova (D-Fairfax)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Virginia Housing Development Authority Act; terms and conditions of purchases from and sales to mortgage lenders of mortgage loans. Removes requirement that a lender reinvest sales proceeds and make certification of prudent investment in the case of single family loans that when made by the lender will be purchased by a housing development authority. Read the Bill »


Bill Has Passed


01/11/2011Prefiled and ordered printed; offered 01/12/11 11101369D
01/11/2011Referred to Committee on General Laws
01/17/2011Assigned GL sub: #1 Housing
01/19/2011Subcommittee recommends reporting with amendment(s) (7-Y 0-N)
01/20/2011Reported from General Laws with amendment (22-Y 0-N) (see vote tally)
01/21/2011Impact statement from DPB (HB1887)
01/24/2011Read first time
01/25/2011Read second time
01/25/2011Committee amendment agreed to
01/25/2011Emergency clause added
01/25/2011Engrossed by House as amended HB1887E
01/25/2011Printed as engrossed 11101369D-E
01/26/2011Read third time and passed House BLOCK VOTE (99-Y 0-N)
01/26/2011VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally)
01/27/2011Constitutional reading dispensed
01/27/2011Referred to Committee on General Laws and Technology
01/28/2011Impact statement from DPB (HB1887E)
02/09/2011Reported from General Laws and Technology (11-Y 0-N) (see vote tally)
02/11/2011Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/14/2011Read third time
02/14/2011Passed Senate (40-Y 0-N) (see vote tally)
02/17/2011Bill text as passed House and Senate (HB1887ER)
02/17/2011Impact statement from DPB (HB1887ER)
02/17/2011Signed by Speaker
02/20/2011Signed by President
03/16/2011G Approved by Governor-Chapter 218 (effective 3/16/11)
03/16/2011G Acts of Assembly Chapter text (CHAP0218)


This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 30 seconds.