HB 1058 VA Introduced
Industrial development authorities; housing allowed in certain localities.
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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 (1)
- Eric Phillips Republican · primary
1 coauthor / cosponsor
- Madison Whittle Republican · cosponsor
Action history (6)
- Jan 14, 2026 Prefiled and ordered printed; Offered 01-14-2026 26104682D · lower
- Jan 14, 2026 Referred to Committee on Counties, Cities and Towns · lower
- Jan 28, 2026 Assigned HCCT sub: Subcommittee #3 · lower
- Jan 29, 2026 House subcommittee offered · lower
- Jan 29, 2026 Subcommittee recommends continuing to (Voice Vote) · lower
- Jan 30, 2026 Continued to next session in Counties, Cities and Towns (Voice Vote) · lower
Text versions (4)
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