SEARCH SITE

VIRGINIA LAW PORTAL

SEARCHABLE DATABASES

ACROSS SESSIONS

Developed and maintained by the Division of Legislative Automated Systems.

2015 SESSION

  • | print version

SB 1245 Affordable housing in the City of Charlottesville; income level.

Introduced by: R. Creigh Deeds | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED SENATE: (all summaries)

Affordable housing in the City of Charlottesville; income level. Amends Chapter 693 of the Acts of Assembly of 2008, as amended by Chapter 527 of the Acts of Assembly of 2013, which authorized the City of Charlottesville to require developers to either provide Affordable Dwelling Units or make a contribution to the city's affordable housing fund in connection with certain projects. The bill raises the maximum income level of a household deemed eligible for an Affordable Dwelling Unit from 60 percent to 80 percent of the area median income. The bill also authorizes the city to establish a minimum term for the units to remain affordable as it deems necessary to ensure the creation of Affordable Dwelling Units.


FULL TEXT

AMENDMENTS

HISTORY