Docket Room.
HB 1058·VA·house

Industrial development authorities; housing allowed in certain localities.

In CommitteeFiled Jan 14, 2026
Sponsor: Phillips
Latest Action

Continued from last session

Jul 21, 2026

Summary

The bill expands the powers of industrial development authorities in Halifax, Henry, Pittsylvania counties and the cities of Danville and Martinsville so they can support single‑ and multifamily residential facilities. It lets these authorities issue bonds and make grants for affordable housing, but they may not operate the housing or use eminent domain. The change applies only where a local housing authority has not been activated.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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