# Virginia HB1376: Urban Public-Private Partnership Redevelopment Fund; funding requirements, report.

Virginia HB1376, Urban Public-Private Partnership Redevelopment Fund; funding requirements, report., is a 2027 Regular Session House bill sponsored by Gretchen M. Bulova (Democratic); status in committee, last action 2026-07-21 (Continued from last session) (as of 2026-10-11).

- Canonical: https://policyrisk.com/state-bill/VA-HB1376-2027
- As of: 2026-10-11
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Virginia HB1376
- State: Virginia
- Session: 2027 Regular Session
- Title: Urban Public-Private Partnership Redevelopment Fund; funding requirements, report.
- Status: in committee
- Chamber: House
- Introduced: 2026-01-21
- Last action: 2026-07-21, Continued from last session
- Sponsor: Gretchen M. Bulova (Democratic)
- Cosponsors: 0
- Subjects: Subcommittee #1
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Urban Public-Private Partnership Redevelopment Fund; funding requirements; report. Revises the Urban Public-Private Partnership Redevelopment Fund by expanding the qualifying private entities available for partnership with a local government for the redevelopment of local sites, removing the existing $500,000 grant cap for such local government, and eliminating the requirement that each grant be conditioned upon a 100 percent match of funds by the local government. The bill requires the Department of Housing and Community Development (the Department), on or before December 1 of each year, to submit a report to the Secretary of Commerce and Trade, the Governor, and the Chairs of the House Committee on Appropriations and the Senate Committee on Finance and Appropriations, including the number of projects funded and the costs of the Fund. In addition, the bill directs the Department to convene a work group to develop appropriate criteria and guidelines for the administration of the grant program established by the Fund, including for (i) how to prioritize awards for (a) localities experiencing an above average and high level of fiscal stress as designated by the Commission on Local Government and (b) localities experiencing a significant decrease in commercial real estate assessments and (ii) the amount and type of local match, including both requirements that consider monetary contributions and non-monetary contributions. The bill requires the work group to include representatives of the Department, the Virginia Association of Counties, the Virginia First Cities Coalition, the Virginia Municipal League, and the Virginia Economic Developers Association and to report its findings and recommendations to the General Assembly by November 1, 2026. Under current law, the Board of Housing and Community Development is directed to develop guidelines for administration of the Fund. Finally, the bill repeals the Housing Revitalization Zone Act.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Gretchen M. Bulova (Democratic), House

## Actions (7)

- 2026-07-21: Continued from last session (House)
- 2026-01-30: Continued to 2027 in Counties, Cities and Towns (Voice Vote) (House)
- 2026-01-30: Subcommittee recommends continuing to 2028 (Voice Vote) (House)
- 2026-01-28: Assigned HCCT sub: Subcommittee #1 (House)
- 2026-01-23: Fiscal Impact Statement from Department of Planning and Budget (HB1376) (House)
- 2026-01-21: Referred to Committee on Counties, Cities and Towns (House)
- 2026-01-21: Presented and ordered printed 26102021D (House)

## Bill text

- Introduced, 2026-01-21: [HTML](https://lis.blob.core.windows.net/files/1229905.HTML), [PDF](https://lis.blob.core.windows.net/files/1229904.PDF)

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- SB844: Licensed clinical psychologists; prescriptive authority; report. (in committee)
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- HB1534: School service providers; deletion of student and family personal information. (introduced)
- SB843: Data centers; state permitting, local approval, moratorium, sunset. (in committee)
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## Sources
- [Introduced (HTML)](https://lis.blob.core.windows.net/files/1229905.HTML)
- [Introduced (PDF)](https://lis.blob.core.windows.net/files/1229904.PDF)

## Related
- [SB844: Licensed clinical psychologists; prescriptive authority; report.](https://policyrisk.com/state-bill/VA-SB844-2027)
- [HB1535: Individuals with developmental or intellectual disabilities; admissibility of s…](https://policyrisk.com/state-bill/VA-HB1535-2027)
- [HB1534: School service providers; deletion of student and family personal information.](https://policyrisk.com/state-bill/VA-HB1534-2027)
- [SB843: Data centers; state permitting, local approval, moratorium, sunset.](https://policyrisk.com/state-bill/VA-SB843-2027)
- [SB842: High school student athletes; eligibility, enrollment.](https://policyrisk.com/state-bill/VA-SB842-2027)
- [SB840: Corrections, Director of the Department of; placement of inmates, Red Onion Sta…](https://policyrisk.com/state-bill/VA-SB840-2027)
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Source: PRIA, https://policyrisk.com/state-bill/VA-HB1376-2027 (as of 2026-10-11).