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Virginia Residential Development Infrastructure Pilot Program established; sunset. Establishes the Virginia Residential Development Infrastructure Pilot Program (the Program) for the purpose of assisting local governments with the costs incurred for expanding or improving public infrastructure needed to support new residential development. The bill requires the Department of Housing and Community Development (the Department) to enter into a memorandum of understanding with the Financial Viability Manager, as defined in the bill, to provide a written financial viability and feasibility report to the Department as to the financial propriety of each proposed loan to a local government. The bill authorizes the Department to determine the interest rate and terms and conditions of any loan from the Program. The bill states that the Program sunsets on July 1, 2028.
Introduced
Jan 7, 2026
Last Action
Mar 14, 2026
Session
VA 2026
Sponsors
1 primary · 0 co
Conference report agreed to by House (91-Y 6-N 0-A)
Passed by temporarily
Conference report agreed to by Senate (37-Y 2-N 0-A)
Conference Report released
Conferees appointed by House
House acceded to request
Senate requested conference committee
Senate insisted on substitute Block Vote (40-Y 0-N 0-A)
Senate Conferees: VanValkenburg, Locke, Pillion
Conferees appointed by Senate
House Conferees: Thomas, Helmer, Wiley
Senate substitute rejected by House (2-Y 96-N 0-A)
Finance and Appropriations Substitute agreed to
Passed Senate with substitute Block Vote (40-Y 0-N 0-A)
Engrossed by Senate - committee substitute
Read third time
Committee substitute printed 26109381D-S1
Rules suspended
Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)
Passed by for the day Block Vote (Voice Vote)
Reported from Finance and Appropriations with substitute (14-Y 0-N)
Referred to Committee on Finance and Appropriations
Constitutional reading dispensed (on 1st reading)
Fiscal Impact Statement from Department of Planning and Budget (HB196)
Read third time and passed House (92-Y 6-N 0-A)
Moved from Uncontested Calendar to Regular Calendar
Engrossed by House - committee substitute
committee substitute agreed to
Read second time
Read first time
Reported from Appropriations with substitute (21-Y 0-N)
Committee substitute printed 26106457D-H1
House committee offered
Subcommittee recommends reporting with substitute (5-Y 0-N)
House subcommittee offered
Fiscal Impact Statement from Department of Planning and Budget (HB196)
Assigned HAPP sub: Commerce Agriculture & Natural Resources
Referred to Committee on Appropriations
Prefiled and ordered printed; Offered 01-14-2026 26104171D
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Conference report agreed to by House (91-Y 6-N 0-A)
Joshua E. Thomas