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HB 1058

Virginia House of Delegates bill in Session 2026.

Status: introduced. Latest action: January 30, 2026.

Industrial development authorities; housing allowed in certain localities.

Bill ID VA-2026-HB-1058
Session 2026
Status introduced
Committee Counties, Cities and Towns
House of Delegates introduced 2026-01-30
Summary

Industrial development authorities in certain localities; housing. Allows industrial development authorities in the Counties of Halifax, Henry, and Pittsylvania and the Cities of Danville and Martinsville to exercise their powers with respect to facilities used primarily for single or multifamily residences in order to promote safe and affordable housing in the Commonwealth. Under current law, such powers may be exercised only in a locality where a housing authority has not been activated. The bill also grants industrial development authorities in such localities the power to issue bonds associated with the construction of affordable housing.

Sponsor
Phillips
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-01-14 Introduced Bill introduced
2026-01-14 Status introduced
2026-01-30 Latest Action H Continued to next session in Counties, Cities and Towns (Voice Vote)
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