VirginiaHB8062026 Regular SessionHouseWALLET

Industrial development authorities; promoting safe and affordable housing.

Sponsored By: Betsy B. Carr (Democratic)

Signed by Governor

Summary

Industrial development authorities; housing. Allows industrial development authorities to exercise their powers with respect to facilities used primarily for single or multi-family residences in order to promote safe and affordable housing in the Commonwealth. Under current law, such powers may be exercised only in a locality where a housing authority has not been activated. The bill also grants industrial development authorities the power to issue bonds associated with the construction of affordable housing.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

More local financing for affordable homes

Virginia industrial development authorities have broader power to support single-family and multifamily housing. This power no longer depends on whether the locality has activated a housing authority. Authorities can issue bonds, give grants, or use both to help build affordable housing. They cannot operate housing facilities or use the housing-related power to take private property through eminent domain. The law sets no funding amount and guarantees neither project funding nor direct household aid.

Sponsors & Cosponsors

Sponsor

  • Betsy B. Carr

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 189 • No: 27

Senate vote • 3/4/2026

Passed Senate

Yes: 27 • No: 13

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: 10 • No: 0 • Other: 5

House vote • 2/5/2026

Read third time and passed House

Yes: 85 • No: 12

House vote • 1/30/2026

Reported from Counties, Cities and Towns

Yes: 19 • No: 2

House vote • 1/29/2026

Subcommittee recommends reporting

Yes: 8 • No: 0

Actions Timeline

  1. Acts of Assembly Chapter text (CHAP0221)

    4/6/2026Governor
  2. Approved by Governor-Chapter 221 (effective 7/1/2026)

    4/6/2026Governor
  3. Governor's Action Deadline 11:59 p.m., April 13, 2026

    3/14/2026Governor
  4. Enrolled Bill communicated to Governor on March 14, 2026

    3/14/2026House
  5. Signed by Speaker

    3/12/2026House
  6. Bill text as passed House and Senate (HB806ER)

    3/11/2026House
  7. Enrolled

    3/11/2026House
  8. Signed by President

    3/11/2026Senate
  9. Passed Senate (27-Y 13-N 0-A)

    3/4/2026Senate
  10. Read third time

    3/4/2026Senate
  11. Passed by for the day Block Vote (Voice Vote)

    3/3/2026Senate
  12. Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)

    3/3/2026Senate
  13. Rules suspended

    3/3/2026Senate
  14. Reported from Local Government (10-Y 0-N 5-A)

    3/2/2026Senate
  15. Referred to Committee on Local Government

    2/6/2026Senate
  16. Constitutional reading dispensed (on 1st reading)

    2/6/2026Senate
  17. Read third time and passed House (85-Y 12-N 0-A)

    2/5/2026House
  18. Read second time and engrossed

    2/4/2026House
  19. Read first time

    2/3/2026House
  20. Reported from Counties, Cities and Towns (19-Y 2-N)

    1/30/2026House
  21. Subcommittee recommends reporting (8-Y 0-N)

    1/29/2026House
  22. Assigned HCCT sub: Subcommittee #2

    1/28/2026House
  23. Referred to Committee on Counties, Cities and Towns

    1/13/2026House
  24. Prefiled and ordered printed; Offered 01-14-2026 26102283D

    1/13/2026House

Bill Text

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