VirginiaSB11392025 Regular SessionSenate

Virginia Workforce Housing Assistance Program; established, report.

Sponsored By: Glen H. Sturtevant, Jr. (Republican)

Failed

Summary

Virginia Workforce Housing Assistance Program; report. Establishes the Virginia Workforce Housing Assistance Program to provide grants to eligible employers, defined in the bill, that set up housing down payment assistance programs for employees in amounts equal to the lesser of 15 percent of housing down payment assistance expenses incurred by an eligible employer during the fiscal year or $50,000. The bill specifies that an eligible employer may only receive grants in the aggregate of up to $150,000 across all fiscal years or $250,000 for housing down payment assistance expenses incurred for employees in certain fiscally stressed localities. The bill provides that the Program be administered by the Department of Housing and Community Development in coordination with the Virginia Economic Development Partnership Authority.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Glen H. Sturtevant, Jr.

    Republican • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 12 • No: 0

Senate vote • 1/29/2025

Passed by indefinitely in General Laws and Technology with letter

Yes: 12 • No: 0

Actions Timeline

  1. Passed by indefinitely in General Laws and Technology with letter (12-Y 0-N)

    1/29/2025Senate
  2. Fiscal Impact Statement from Department of Planning and Budget (SB1139)

    1/28/2025Senate
  3. Referred to Committee on General Laws and Technology

    1/7/2025Senate
  4. Prefiled and ordered printed; Offered 01-08-2025 25104243D

    1/7/2025Senate

Bill Text

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