VirginiaHB20482025 Regular SessionHouse

Virginia Housing Trust Fund; geographic equity impact assessment.

Sponsored By: Bonita G. Anthony (Democratic)

Failed

Summary

Virginia Housing Trust Fund; geographic equity impact assessment. Requires the Department of Housing and Community Development to conduct an annual geographic equity assessment (GEIA) to identify distressed localities that have historically received less investment for housing and economic development. The bill provides that, of the 80 percent of moneys from the Virginia Housing Trust used to provide flexible financing for low-interest loans, no more than 20 percent shall be allocated to a single locality unless such locality has been identified as underserved in the most recent GEIA.

Finance and Appropriations

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Bonita G. Anthony

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 100 • No: 64

Senate vote • 2/11/2025

Passed by indefinitely in Finance and Appropriations

Yes: 15 • No: 0

House vote • 2/4/2025

Read third time and passed House

Yes: 54 • No: 44

House vote • 1/31/2025

Reported from Appropriations with substitute

Yes: 14 • No: 8

House vote • 1/29/2025

Reported from Finance with substitute and referred to Appropriations

Yes: 12 • No: 10

House vote • 1/28/2025

Subcommittee recommends reporting with substitute and referring to Appropriations

Yes: 5 • No: 2

Actions Timeline

  1. Passed by indefinitely in Finance and Appropriations (15-Y 0-N)

    2/11/2025Senate
  2. Referred to Committee on Finance and Appropriations

    2/5/2025Senate
  3. Constitutional reading dispensed (on 1st reading)

    2/5/2025Senate
  4. Fiscal Impact Statement from Department of Planning and Budget (HB2048)

    2/4/2025House
  5. Read third time and passed House (54-Y 44-N)

    2/4/2025House
  6. Engrossed by House - committee substitute

    2/3/2025House
  7. Appropriations Substitute agreed to

    2/3/2025House
  8. Finance Substitute rejected

    2/3/2025House
  9. Read second time

    2/3/2025House
  10. Read first time

    2/2/2025House
  11. Committee substitute printed 25106592D-H2

    1/31/2025House
  12. Reported from Appropriations with substitute (14-Y 8-N)

    1/31/2025House
  13. Assigned Approps sub: Commerce Agriculture & Natural Resources

    1/30/2025House
  14. Committee substitute printed 25105644D-H1

    1/29/2025House
  15. Reported from Finance with substitute and referred to Appropriations (12-Y 10-N)

    1/29/2025House
  16. Subcommittee recommends reporting with substitute and referring to Appropriations (5-Y 2-N)

    1/28/2025House
  17. Fiscal Impact Statement from Department of Planning and Budget (HB2048)

    1/22/2025House
  18. Assigned Finance sub: Subcommittee #2

    1/20/2025House
  19. Referred to Committee on Finance

    1/7/2025House
  20. Prefiled and ordered printed; Offered 01-13-2025 25102691D

    1/7/2025House

Bill Text

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