VA HB2005 | 2013 | Regular Session

Status

Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 31-7)
Status: Passed on April 3 2013 - 100% progression
Action: 2013-04-03 - Governor: Acts of Assembly Chapter text (CHAP0754)
Text: Latest bill text (Chaptered) [HTML]

Summary

Virginia Housing Partnership Revolving Fund. Renames the Virginia Housing Partnership Revolving Fund to the Virginia Housing Trust Fund and codifies language in the latest appropriation act in which $7 million was appropriated to the Fund. The bill provides that the Department of Housing and Community Development shall (i) work in collaboration with the Virginia Housing Development Authority (HDA) to provide loan origination and servicing activities as needed to carry out the purposes of the Fund, with the costs of such services to be considered an eligible use of the Fund, and (ii) use, through HDA, at least 80 percent of the moneys from the Fund to provide flexible financing for low-interest loans through eligible organizations. Such loans shall be structured to maximize leveraging opportunities. All such funds shall be repaid to the credit of the Fund. Loans may be provided for (a) affordable rental housing to include new construction, rehabilitation, repair, or acquisition of housing to assist low or moderate income citizens, including land and land improvements; (b) down payment and closing cost assistance for homebuyers; and (c) short-term, medium-term, and long-term loans to reduce the cost of homeownership and rental housing. The bill also allows the Department to use up to 20 percent of the moneys from the Fund to provide grants through eligible organizations for targeted efforts to reduce homelessness, including (1) temporary rental assistance, not to exceed one year; (2) housing stabilization services in permanent supportive housing for homeless individuals and homeless families; (3) mortgage foreclosure counseling targeted at localities with the highest incidence of foreclosure activity; and (4) predevelopment assistance for permanent supportive housing and other long-term housing options for the homeless. The bill contains technical amendments.

Tracking Information

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Title

Virginia Housing Partnership Revolving Fund; renamed Virginia Housing Trust Fund, report.

Sponsors


Roll Calls

2013-04-03 - Senate - Senate: Senate concurred in Governor's recommendation (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2013-04-03 - House - House: VOTE: ADOPTION (92-Y 1-N) (Y: 94 N: 1 NV: 7 Abs: 0) [PASS]
2013-02-20 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2013-02-19 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2013-02-18 - Senate - Senate: Reported from General Laws and Technology (13-Y 1-N) (Y: 13 N: 1 NV: 0 Abs: 0) [PASS]
2013-02-05 - House - House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (Y: 102 N: 0 NV: 0 Abs: 0) [PASS]
2013-02-01 - House - House: Reported from Appropriations with substitute (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2013-01-31 - House - House: Subcommittee recommends reporting with amendment(s) (8-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]
2013-01-24 - House - House: Reported from General Laws with substitute (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2013-01-23 - House - House: Subcommittee recommends reporting with amendment(s) (7-Y 0-N) (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2013-04-03 Governor: Acts of Assembly Chapter text (CHAP0754)
2013-04-03 Governor: Approved by Governor-Chapter 754 (effective 7/1/13)
2013-04-03SenateSigned by President as reenrolled
2013-04-03HouseSigned by Speaker as reenrolled
2013-04-03HouseReenrolled bill text (HB2005ER2)
2013-04-03HouseReenrolled
2013-04-03 Governor: Governor's recommendation adopted
2013-04-03SenateSenate concurred in Governor's recommendation (40-Y 0-N)
2013-04-03HouseVOTE: ADOPTION (92-Y 1-N)
2013-04-03HouseHouse concurred in Governor's recommendation (92-Y 1-N)
2013-04-02HousePlaced on Calendar
2013-03-25HouseGovernor's recommendation received by House
2013-02-25SenateSigned by President
2013-02-23HouseSigned by Speaker
2013-02-23HouseBill text as passed House and Senate (HB2005ER)
2013-02-23HouseEnrolled
2013-02-20SenatePassed Senate (40-Y 0-N)
2013-02-20SenateRead third time
2013-02-19SenateConstitutional reading dispensed (40-Y 0-N)
2013-02-18SenateReported from General Laws and Technology (13-Y 1-N)
2013-02-06SenateReferred to Committee on General Laws and Technology
2013-02-06SenateConstitutional reading dispensed
2013-02-05HouseVOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
2013-02-05HouseRead third time and passed House BLOCK VOTE (100-Y 0-N)
2013-02-04HouseEngrossed by House - committee substitute HB2005H2
2013-02-04HouseCommittee on Appropriations substitute agreed to 13104819D-H2
2013-02-04HouseCommittee on General Laws substitute rejected 13104500D-H1
2013-02-04HouseRead second time
2013-02-02HouseRead first time
2013-02-01HouseCommittee substitute printed 13104819D-H2
2013-02-01HouseReported from Appropriations with substitute (22-Y 0-N)
2013-01-31HouseSubcommittee recommends reporting with amendment(s) (8-Y 0-N)
2013-01-28HouseAssigned App. sub: Economic Development, Agriculture and Natural Resources
2013-01-24HouseReferred to Committee on Appropriations
2013-01-24HouseCommittee substitute printed 13104500D-H1
2013-01-24HouseReported from General Laws with substitute (22-Y 0-N)
2013-01-23HouseSubcommittee recommends reporting with amendment(s) (7-Y 0-N)
2013-01-22HouseAssigned GL sub: #1 Housing
2013-01-09HouseReferred to Committee on General Laws
2013-01-09HousePrefiled and ordered printed; offered 01/09/13 13103357D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
5412113(n/a)See Bill Text
581344.3(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?131+sum+HB2005
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?131+ful+HB2005+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?131+ful+HB2005H1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?131+ful+HB2005H2+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?131+ful+HB2005ER+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?131+ful+HB2005ER2+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?131+ful+CHAP0754+hil
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?131+vot+H1101V0015+HB2005
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?131+vot+H11V0076+HB2005
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?131+vot+H0203V0005+HB2005
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?131+vot+H02V0072+HB2005
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?131+vot+HV0581+HB2005
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?131+vot+S12V0149+HB2005
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?131+vot+SV0703HB2005+HB2005
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?131+vot+SV0759HB2005+HB2005
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?131+vot+HV1364+HB2005
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?131+vot+SV1026HB2005+HB2005

Bill Comments

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