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Statewide housing targets for localities. Requires localities to increase their total housing stock by at least 7.5 percent over the five-year period beginning January 1, 2027. The bill provides that in order to meet the 7.5 percent growth target, a locality shall develop a housing growth plan that best meets the needs of the locality and may include any of various listed housing growth strategies. The bill further provides that after January 1, 2032, an applicant who seeks local government approval for a residential development that will have the effect of increasing the supply of housing in a locality and has that application rejected may, in addition to other remedies, appeal such decision to the Housing Approval Board, which shall be established by the Director of the Department of Housing and Community Development. The bill authorizes the Housing Approval Board to overturn local decisions and approve applications under certain circumstances. However, if the Housing Approval Board determines that a locality has in good faith implemented at least three of the housing growth strategies listed in the bill and has not rejected more than 25 percent of new housing development proposals over the previous five years, the Housing Approval Board shall allow the local decision to stand. Finally, the bill provides that the Housing Approval Board shall give extra weight for increases in affordable housing and for the rehabilitation of current, underutilized housing stock. The bill has a delayed effective date of July 1, 2026.
Introduced
Jan 14, 2025
Last Action
Feb 12, 2025
Session
VA 2025
Sponsors
1 primary · 5 co
Passed by indefinitely in Finance and Appropriations (15-Y 0-N)
Reported from Local Government with amendment and rereferred to Finance and Appropriations (7-Y 6-N 2-A)
Referred to Committee on Local Government
Constitutional reading dispensed (on 1st reading)
Fiscal Impact Statement from Department of Planning and Budget (HB2641)
Read third time and passed House (50-Y 48-N)
Read second time
Appropriations Amendments agreed to
Engrossed by House as amended
Printed as engrossed 25103848D-E
Read first time
Reported from Appropriations with amendment(s) (12-Y 9-N)
Subcommittee recommends reporting with amendment(s) (5-Y 3-N)
Assigned Approps sub: Commerce Agriculture & Natural Resources
Reported from Counties, Cities and Towns and referred to Appropriations (11-Y 9-N)
Subcommittee recommends reporting (5-Y 3-N)
Assigned CCT sub: Subcommittee #2
Assigned CCT sub: Subcommittee #3
Presented and ordered printed 25103848D
Referred to Committee on Counties, Cities and Towns
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Passed by indefinitely in Finance and Appropriations (15-Y 0-N)
Dan I. Helmer