HB1058
Industrial development authorities; housing allowed in certain localities.
Status:
In House
Latest Action:
Jan. 30, 2026
House: Continued to next session in Counties, Cities and Towns (Voice Vote)
Chief Patron:
Eric Phillips (R)
Session:
2026 Regular Session
Summary
As Introduced. 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 ... (More) 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. (Less)-
Bill History
- 01/14/2026 - House: Prefiled and ordered printed; Offered 01-14-2026 26104682D
- 01/14/2026 - House: Referred to Committee on Counties, Cities and Towns
- 01/28/2026 - House: Assigned HCCT sub: Subcommittee #3
- 01/28/2026 - House: Placed on Counties, Cities and Towns Agenda
- 01/29/2026 - House: House subcommittee offered
- 01/29/2026 - House: Subcommittee recommends continuing to (Voice Vote)
- 01/30/2026 - House: Placed on Counties, Cities and Towns Agenda
- 01/30/2026 - House: Continued to next session in Counties, Cities and Towns (Voice Vote)
