All Roll Calls
Yes: 181 • No: 41
Sponsored By: Joshua E. Thomas (Democratic)
Became Law
Local authority; affordable housing performance grant programs. Allows any locality that has created an industrial development authority or economic development authority (the Authority) to establish, by ordinance, an affordable housing performance grant program. The bill outlines that such ordinance authorizes the Authority to award affordable housing performance grants to qualifying applicants. Such an ordinance must include: (i) a definition of affordable housing; (ii) grant application guidelines and processes, including an identification of the local officer that is designated to receive applications; (iii) criteria for determining whether the construction or improvement of property qualifies for the awarding of the grant; (iv) provisions that require an applicant seeking the award of a grant to acquire appropriate permits and complete the construction or improvement to develop affordable housing before such a grant will be awarded; (v) provisions that require an applicant seeking the award of a grant to present evidence demonstrating that he has filed and recorded a restrictive covenant to provide affordable housing on the property for a set term, as determined by the ordinance, provided that such term shall be no more than 30 years, on the subject qualifying property before such a grant will be awarded; and (vi) a timeline for the Authority to award grants to qualifying applicants, which may be either upon the completion of the construction or improvement of the property, or on January 1 of the year following the completion of the construction or improvement of the property. The bill also limits the total amount of any such grant to being no more than the amount equal to the increase in assessed value resulting from the construction or improvement of a property. Finally, the bill permits a locality that adopts such ordinance to impose a fee, not to exceed $250, to offset the costs of processing an application.
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3 provisions identified: 1 benefits, 0 costs, 2 mixed.
Localities with an industrial or economic development authority can create a grant program by ordinance. Property owners can apply after getting permits and finishing the work, confirmed by the local assessor. Applicants must record a covenant to keep the homes affordable for a term set locally, up to 30 years. The maximum grant equals the increase in the property’s assessed value from the work. Grants are paid at completion or on January 1 after completion, as the ordinance states. A locality may charge up to $250 per application.
Local industrial or economic development authorities can make loans and grants for economic development and affordable housing using money not pledged to bonds. They may forgive loans when it furthers those goals. Any board meeting where formal action is taken is open to the public. Authorities cannot run businesses beyond acting as a lessor and cannot operate single‑ or multi‑family housing.
The Town of Front Royal can create its own industrial development authority. That authority may include Warren County in its projects for five years, ending July 1, 2025.
Joshua E. Thomas
Democratic • House
There are no cosponsors for this bill.
All Roll Calls
Yes: 181 • No: 41
Senate vote • 3/4/2026
Passed Senate
Yes: 25 • No: 15
Senate vote • 3/3/2026
Constitutional reading dispensed Block Vote (on 2nd reading)
Yes: 40 • No: 0
Senate vote • 3/3/2026
Passed by for the day Block Vote (Voice Vote)
Yes: 0 • No: 0
Senate vote • 3/2/2026
Reported from Local Government
Yes: 11 • No: 4
House vote • 1/29/2026
Read third time and passed House
Yes: 78 • No: 21
House vote • 1/23/2026
Reported from Counties, Cities and Towns
Yes: 19 • No: 1
House vote • 1/22/2026
Subcommittee recommends reporting
Yes: 8 • No: 0
Acts of Assembly Chapter text (CHAP0386)
Approved by Governor-Chapter 386 (effective 7/1/2026)
Governor's Action Deadline 11:59 p.m., April 13, 2026
Enrolled Bill communicated to Governor on March 14, 2026
Signed by Speaker
Bill text as passed House and Senate (HB352ER)
Enrolled
Signed by President
Passed Senate (25-Y 15-N 0-A)
Read third time
Passed by for the day Block Vote (Voice Vote)
Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)
Rules suspended
Reported from Local Government (11-Y 4-N)
Referred to Committee on Local Government
Constitutional reading dispensed (on 1st reading)
Read third time and passed House (78-Y 21-N 0-A)
Read second time and engrossed
Read first time
Reported from Counties, Cities and Towns (19-Y 1-N)
Subcommittee recommends reporting (8-Y 0-N)
Assigned HCCT sub: Subcommittee #2
Referred to Committee on Counties, Cities and Towns
Prefiled and ordered printed; Offered 01-14-2026 26104537D
Chaptered
4/8/2026
Enrolled
3/11/2026
Introduced
1/12/2026
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