VIRGINIA LAW PORTAL

• Code of Virginia
• Virginia Administrative Code
• Constitution of Virginia
• Charters
• Authorities
• Compacts
• Uncodified Acts
• RIS Users (account required)

SEARCHABLE DATABASES

• Bills & Resolutions
  session legislation
• Bill Summaries
  session summaries
• Reports to the General Assembly
  House and Senate documents
• Legislative Liaisons
  State agency contacts

ACROSS SESSIONS

• Subject Index: Since 1995
• Bills & Resolutions: Since 1994
• Summaries: Since 1994

Developed and maintained by the Division of Legislative Automated Systems.

2007 SESSION

• | print version

SB 955 Affordable housing; localities that adopt bonus density in exchange therefor allowed incentives.

Introduced by: Frederick M. Quayle | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Affordable housing dwelling unit ordinances.  Provides that localities that adopt a program of bonus density in exchange for affordable housing will be allowed certain incentives and that the program may also apply to certain elevator structures above four stories except for localities in Planning District Eight.  Also, such program may include establishment of a local housing fund to help the locality achieve its affordable housing goals.  This bill is identical to HB2010.  This bill incorporates SB1131.

SUMMARY AS PASSED SENATE:

Affordable housing dwelling unit ordinances.  Provides that localities that adopt a program of bonus density in exchange for affordable housing will be allowed certain incentives and the program may also apply to certain elevator structures above four stories.  This bill is a recommendation of the Virginia Housing Commission.

SUMMARY AS INTRODUCED:

Affordable housing dwelling unit ordinances.  Provides that a local governing body may establish a housing fund, the purpose of which will be to assist nonprofit organizations to develop or preserve affordable housing for low and moderate income persons and families.