Virginia Housing Trust Fund; recommendations for increase in allocation of funds. (HB1159)

Introduced By

Del. Alfonso Lopez (D-Arlington)

Progress

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

Description

Virginia Housing Trust Fund; recommendations for increase in allocation of funds; certain low-income and moderate-income families. Directs the Department of Housing and Community Development to convene a stakeholder work group to determine an appropriate increase in the percentage of moneys from the Virginia Housing Trust Fund that is used to provide flexible financing for low-interest loans through eligible organizations that are allocated to housing developments that serve persons and families with a household income at or below 30 percent of the adjusted median income and to report its findings and recommendations to the Governor, the Secretary of Commerce and Trade, and the Chairmen of the House Committee on Appropriations and the Senate Committee on Finance and Appropriations on or before December 1, 2022. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/14/2022Committee
01/14/2022Presented and ordered printed 22100357D
01/14/2022Referred to Committee on General Laws
01/31/2022Assigned GL sub: Subcommittee #2
02/03/2022Subcommittee recommends reporting (8-Y 0-N)
02/03/2022Subcommittee recommends referring to Committee on Appropriations
02/04/2022Impact statement from DPB (HB1159)
02/08/2022Reported from General Laws (20-Y 2-N) (see vote tally)
02/08/2022Referred to Committee on Appropriations
02/09/2022Assigned App. sub: Commerce Agriculture & Natural Resources
02/09/2022Subcommittee recommends laying on the table (5-Y 3-N)
02/15/2022Left in Appropriations

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