Rental housing; purchase or construction by localities. (HB571)

Introduced By

Del. Lee Carter (D-Manassas)

Progress

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

Description

Purchase or construction of rental housing by localities. Provides that any locality may by ordinance establish a program to purchase or construct housing and to rent such housing to residents. The rent charged for such housing shall not exceed the higher of 85 percent of the market rate for a similar housing unit, or 115 percent of the actual cost of operation, defined in the bill, of the housing unit offered for rent. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/06/2020Committee
01/06/2020Prefiled and ordered printed; offered 01/08/20 20103445D
01/06/2020Referred to Committee on Counties, Cities and Towns
01/11/2020Impact statement from DHCD (HB571)
01/17/2020Assigned CC & T sub: Land Use
01/18/2020Impact statement from DHCD (HB571)
01/23/2020Subcommittee recommends laying on the table (6-Y 0-N)
02/11/2020Left in Counties, Cities and Towns

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