Virginia Homeless Solutions Program; DHCD to study $500 asset cap. (SJ237)

Introduced By

Sen. Barbara Favola (D-Arlington)


Passed Committee
Passed House
Passed Senate


Study; Virginia Homeless Solutions Program $500 asset cap; report. Requests the Department of Housing and Community Development (DHCD) to study the Virginia Homeless Solutions Program $500 asset cap for individuals transitioning from shelters to permanent housing who require rapid re-housing financial assistance. DHCD is requested to (i) identify and examine alternatives to the $500 asset cap, including a higher asset cap or a cap that ranges based on the size and needs of the particular family; (ii) research and compare asset caps used in other states; and (iii) make recommendations regarding an asset cap that would better serve families transitioning from shelters to permanent housing and reduce the number of individuals that return to homelessness in the Commonwealth. Read the Bill »


Bill Has Failed


01/09/2015Prefiled and ordered printed; offered 01/14/15 15100585D
01/09/2015Referred to Committee on Rules
01/27/2015Reported from Rules
01/29/2015Reading waived (39-Y 0-N) (see vote tally)
01/30/2015Read second time and engrossed
02/02/2015Read third time and agreed to by Senate by voice vote
02/06/2015Placed on Calendar
02/06/2015Referred to Committee on Rules
02/13/2015Tabled in Rules