Virginia House of Delegates bill in Session 2026.
Status: enacted. Latest action: April 6, 2026.
Industrial development authorities; promoting safe and affordable housing.
Industrial development authorities; housing. Allows industrial development authorities to exercise their powers with respect to facilities used primarily for single or multi-family 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 the power to issue bonds associated with the construction of affordable housing.
| Date | Event | Detail |
|---|---|---|
| 2026-01-13 | Introduced | Bill introduced |
| 2026-04-06 | Status | enacted |
| 2026-04-06 | Latest Action | Acts of Assembly Chapter text (CHAP0221) |