# Virginia HB2048: Virginia Housing Trust Fund; geographic equity impact assessment.

Virginia HB2048, Virginia Housing Trust Fund; geographic equity impact assessment., is a 2025 Regular Session House bill sponsored by Bonita G. Anthony (Democratic); status failed, last action 2025-02-11 (Passed by indefinitely in Finance and Appropriations (15-Y 0-N)) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/VA-HB2048-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Virginia HB2048
- State: Virginia
- Session: 2025 Regular Session
- Title: Virginia Housing Trust Fund; geographic equity impact assessment.
- Status: failed
- Chamber: House
- Introduced: 2025-01-07
- Last action: 2025-02-11, Passed by indefinitely in Finance and Appropriations (15-Y 0-N)
- Sponsor: Bonita G. Anthony (Democratic)
- Cosponsors: 0
- Subjects: Finance and Appropriations
- Touches household money: no
- Roll calls: 5 (100 yes, 64 no in all)
- Economic provisions PRIA read: 0

## 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.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Bonita G. Anthony (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-02-11 | Senate | Passed by indefinitely in Finance and Appropriations | pass | 15 | 0 |   |
| 2025-02-04 | House | Read third time and passed House | pass | 54 | 44 |   |
| 2025-01-31 | House | Reported from Appropriations with substitute | pass | 14 | 8 |   |
| 2025-01-29 | House | Reported from Finance with substitute and referred to Appropriations | pass | 12 | 10 |   |
| 2025-01-28 | House | Subcommittee recommends reporting with substitute and referring to Appropriations | pass | 5 | 2 |   |

## Actions (20)

- 2025-02-11: Passed by indefinitely in Finance and Appropriations (15-Y 0-N) (Senate)
- 2025-02-05: Referred to Committee on Finance and Appropriations (Senate)
- 2025-02-05: Constitutional reading dispensed (on 1st reading) (Senate)
- 2025-02-04: Fiscal Impact Statement from Department of Planning and Budget (HB2048) (House)
- 2025-02-04: Read third time and passed House (54-Y 44-N) (House)
- 2025-02-03: Engrossed by House - committee substitute (House)
- 2025-02-03: Appropriations Substitute agreed to (House)
- 2025-02-03: Finance Substitute rejected (House)
- 2025-02-03: Read second time (House)
- 2025-02-02: Read first time (House)
- 2025-01-31: Committee substitute printed 25106592D-H2 (House)
- 2025-01-31: Reported from Appropriations with substitute (14-Y 8-N) (House)
- 2025-01-30: Assigned Approps sub: Commerce Agriculture & Natural Resources (House)
- 2025-01-29: Committee substitute printed 25105644D-H1 (House)
- 2025-01-29: Reported from Finance with substitute and referred to Appropriations (12-Y 10-N) (House)
- 2025-01-28: Subcommittee recommends reporting with substitute and referring to Appropriations (5-Y 2-N) (House)
- 2025-01-22: Fiscal Impact Statement from Department of Planning and Budget (HB2048) (House)
- 2025-01-20: Assigned Finance sub: Subcommittee #2 (House)
- 2025-01-07: Referred to Committee on Finance (House)
- 2025-01-07: Prefiled and ordered printed; Offered 01-13-2025 25102691D (House)

## Bill text

- Substitute, 2025-01-31: [HTML](https://lis.blob.core.windows.net/files/1037801.HTML), [PDF](https://lis.blob.core.windows.net/files/1037800.PDF)
- Substitute, 2025-01-29: [HTML](https://lis.blob.core.windows.net/files/1032023.HTML), [PDF](https://lis.blob.core.windows.net/files/1032022.PDF)
- Introduced, 2025-01-07: [HTML](https://lis.blob.core.windows.net/files/1014880.HTML), [PDF](https://lis.blob.core.windows.net/files/1014879.PDF)

## Related bills

- HR671: Commending JR's Auto Care. (adopted)
- SB941: Robbery; use of air or gas operated weapon, etc., penalty. (failed)
- HB1746: Public safety officer; definition. (failed)
- HB1600: Budget Bill. (failed)
- SB1449: Data centers; site assessment for high energy use facility. (failed)
- HB1609: Essential health benefits benchmark plan; Commission to consider coverage for infertility treatment. (to governor)

## Sources
- [Substitute (HTML)](https://lis.blob.core.windows.net/files/1037801.HTML)
- [Substitute (PDF)](https://lis.blob.core.windows.net/files/1037800.PDF)
- [Substitute (HTML)](https://lis.blob.core.windows.net/files/1032023.HTML)
- [Substitute (PDF)](https://lis.blob.core.windows.net/files/1032022.PDF)
- [Introduced (HTML)](https://lis.blob.core.windows.net/files/1014880.HTML)
- [Introduced (PDF)](https://lis.blob.core.windows.net/files/1014879.PDF)

## Related
- [HR671: Commending JR's Auto Care.](https://policyrisk.com/state-bill/VA-HR671-2025)
- [SB941: Robbery; use of air or gas operated weapon, etc., penalty.](https://policyrisk.com/state-bill/VA-SB941-2025)
- [HB1746: Public safety officer; definition.](https://policyrisk.com/state-bill/VA-HB1746-2025)
- [HB1600: Budget Bill.](https://policyrisk.com/state-bill/VA-HB1600-2025)
- [SB1449: Data centers; site assessment for high energy use facility.](https://policyrisk.com/state-bill/VA-SB1449-2025)
- [HB1609: Essential health benefits benchmark plan; Commission to consider coverage for i…](https://policyrisk.com/state-bill/VA-HB1609-2025)
- [Virginia bills](https://policyrisk.com/states/virginia/bills)
- [Virginia state hub](https://policyrisk.com/states/virginia)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/VA-HB2048-2025 (as of 2026-10-17).