SEARCH SITE

VIRGINIA LAW PORTAL

SEARCHABLE DATABASES

ACROSS SESSIONS

Developed and maintained by the Division of Legislative Automated Systems.

2001 SESSION

  • | print version

HB 2438 Powers of redevelopment and housing authorities.

Introduced by: Thelma Drake | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Housing; powers of redevelopment and housing authorities; eminent domain and redevelopment plans. Provides that a redevelopment and housing authority, when identifying real property to be acquired for redevelopment, must also identify anticipated funding sources that may be sufficient to acquire the property. The bill also provides that (i) any real property that has not been acquired or for which condemnation proceedings have not been instituted within five years from the redevelopment plan approval date are no longer eligible to be so acquired unless the parties agree to the acquisition; (ii) localities must reaffirm a redevelopment plan within three years of their approval of the plan; (iii) localities are not precluded from adopting a new redevelopment plan that includes real property previously included within a redevelopment area under a previously adopted redevelopment plan; and (iv) upon written request of a property owner, a redevelopment and housing authority that decides against acquiring previously identified property shall reimburse the property owner for reasonable expenses he incurred in connection with the proposed acquisition. The bill also provides for alternative dispute resolution in cases where eminent domain is used to acquire real property under an approved redevelopment plan. The bill is a recommendation of the Housing Study Commission.


FULL TEXT

AMENDMENTS

HISTORY