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2004 SESSION
HB 825 Housing Development Authority; financing of certain mixed-income & mixed-use housing developments.
Introduced by: Thelma Drake | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Virginia Housing Development Authority; financing of certain mixed-income and mixed-use housing developments. Authorizes the Virginia Housing Development Authority (Authority) to finance mixed-income and mixed-use housing developments in revitalization areas designated by local governments if (i) the surrounding area is predominantly of lower income or (ii) the Authority's ability to provide the low and moderate income housing will be enhanced by having a portion of the units occupied by persons and families who are not of low or moderate income. The bill limits the percentage of persons or families who are not of low and moderate income in any economically mixed project to 80 percent and provides that nonhousing buildings may not be financed by the Authority unless a certification is provided by the housing sponsor that a mortgage loan is not otherwise available from private lenders upon reasonably equivalent terms and conditions.
FULL TEXT
- 01/14/04 House: Presented & ordered printed, prefiled 01/14/04 042771108 pdf | impact statement
- 02/03/04 House: Printed as engrossed 042771108-E pdf
- 03/15/04 House: Bill text as passed House and Senate (HB825ER) pdf | impact statement
- 03/25/04 Governor: Acts of Assembly Chapter text (CHAP0187) pdf
AMENDMENTS
HISTORY
- 01/14/04 House: Presented & ordered printed, prefiled 01/14/04 042771108
- 01/14/04 House: Referred to Committee on General Laws
- 01/19/04 House: Assigned to General Laws sub-committee: 1
- 01/29/04 House: Reported from General Laws with amd (22-Y 0-N)
- 02/02/04 House: Read first time
- 02/03/04 House: Read second time
- 02/03/04 House: Committee amendment agreed to
- 02/03/04 House: Engrossed by House as amended HB825E
- 02/03/04 House: Printed as engrossed 042771108-E
- 02/04/04 House: Read third time and passed House BLOCK VOTE (100-Y 0-N)
- 02/04/04 House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
- 02/04/04 House: Communicated to Senate
- 02/05/04 Senate: Constitutional reading dispensed
- 02/05/04 Senate: Referred to Committee on General Laws
- 02/18/04 Senate: Reported from General Laws (14-Y 0-N)
- 02/20/04 Senate: Constitutional reading dispensed (36-Y 0-N 1-A)
- 02/20/04 Senate: VOTE: CONST. RDG. DISPENSED R (36-Y 0-N 1-A)
- 02/23/04 Senate: Read third time
- 02/23/04 Senate: Passed Senate (39-Y 0-N)
- 02/23/04 Senate: VOTE: PASSAGE R (39-Y 0-N)
- 02/23/04 Senate: Rec. of Sen. passage agreed to by Senate (39-Y 0-N)
- 02/23/04 Senate: VOTE: RECONSIDER R (39-Y 0-N)
- 02/23/04 Senate: Passed Senate (40-Y 0-N)
- 02/23/04 Senate: VOTE: PASSAGE R (40-Y 0-N)
- 03/15/04 House: Bill text as passed House and Senate (HB825ER)
- 03/15/04 House: Enrolled
- 03/16/04 House: Signed by Speaker
- 03/17/04 Senate: Signed by President
- 03/19/04 Governor: Approved by Governor-Chapter 187 (effective 7/1/04)
- 03/25/04 Governor: Acts of Assembly Chapter text (CHAP0187)