Title 36, Title 36. Housing

As used in this chapter, unless the context requires a different meaning: "Account holder" means an individual who establishes, individually or jointly with one or more other individuals, an account with a financial institution for which the account holder claims a first-time hom…

A. The account holder shall be responsible for the use or application of moneys or funds in an account for which the account holder claims first-time home buyer savings account status. B. The account holder shall (i) not use moneys or funds held in an account to pay expenses of a…

A. All interest or other income earned attributable to an account shall be excluded from the Virginia taxable income of the account holder as provided under subdivision 25 of § 58.1-322.02. B. There shall be an aggregate limit of $50,000 per account on the amount of principal for…

If moneys or funds are withdrawn from an account for any purpose other than the payment of eligible costs by or on behalf of a qualified beneficiary, there shall be imposed a penalty calculated using the Form 1099 showing the amount of income exempted from state income tax, and a…

A person who knowingly prepares or causes to be prepared a false claim, receipt, statement, or billing to avoid or evade taxes or penalties upon the withdrawal of money or funds from an account for which the account holder claims first-time home buyer savings account status is gu…

As used in this chapter, unless the context requires a different meaning: "Affiliate" means the same as that term is defined in § 13.1-725. "Affordability restriction" means a limit on the amount of rent that an owner may charge at publicly supported housing as set forth in a con…

A. Any locality may adopt an ordinance to require the owner of publicly supported housing to provide written notice to (i) the locality; (ii) all tenants residing in the property at the time of such notice; and (iii) the tenant association, if any, 24 months before the terminatio…

A. After a publicly supported housing owner delivers a written termination notice required by § 36-177, or after the date that such notice would be required from such owner, a locality that has adopted an ordinance pursuant to § 36-177 may appoint a qualified designee to act as a…

A. After a publicly supported housing owner delivers a written termination notice required by § 36-177, or after the date that such notice would be required from each owner, a locality that has adopted an ordinance pursuant to § 36-177 or its qualified designee appointed pursuant…

Any locality with a population greater than 3,500 that has adopted an ordinance with the authority granted in this chapter shall notify the Department of Housing and Community Development in the annual report required by § 36-139.9.