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2000 SESSION

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HB 1232 Urban Public-Private Partnership Redevelopment Fund.

Introduced by: Riley E. Ingram | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Urban Public-Private Partnership Redevelopment Fund. Creates a fund to be administered by the Department of Housing and Community Development for the purpose of making grants or loans to local governments for assembling, planning, clearing, and remediating sites in order to promote such sites to private developers for redevelopment. The Fund is created to address the serious problem of a lack of developable land in urban areas of the Commonwealth and the high cost of redeveloping such land. This is a recommendation of the Commission on the Condition and Future of Virginia's Cities.


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