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HB806

Industrial development authorities; promoting safe and affordable housing.

Status:
In Senate

Latest Action: Feb. 6, 2026
Senate: Referred to Committee on Local Government

Chief Patron:
Betsy Carr (D)

Session:
2026 Regular Session

Summary

As Introduced. 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. (Less)
  • Bill History

  • 01/13/2026 - House: Prefiled and ordered printed; Offered 01-14-2026 26102283D
  • 01/13/2026 - House: Referred to Committee on Counties, Cities and Towns
  • 01/28/2026 - House: Assigned HCCT sub: Subcommittee #2
  • 01/28/2026 - House: Placed on Counties, Cities and Towns Agenda
  • 01/29/2026 - House: Subcommittee recommends reporting (8-Y 0-N)
  • 01/30/2026 - House: Placed on Counties, Cities and Towns Agenda
  • 01/30/2026 - House: Reported from Counties, Cities and Towns (19-Y 2-N)
  • 02/03/2026 - House: Read first time
  • 02/04/2026 - House: Read second time and engrossed
  • 02/05/2026 - House: Read third time and passed House (85-Y 12-N 0-A)
  • 02/06/2026 - Senate: Constitutional reading dispensed (on 1st reading)
  • 02/06/2026 - Senate: Referred to Committee on Local Government

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com


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