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SB285 • 2026

Urban Public-Private Partnership Redevelopment grant program; Board of HCD to review, etc.

An Act to require the <em style="">Board</em> of Housing and Community Development to review and develop appropriate criteria and guidelines for the administration of the Urban Public-Private Partnership Redevelopment grant program.

Budget Housing Taxes Technology
Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Aird
Last action
2026-04-22
Official status
Acts of Assembly Chapter
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Urban Public-Private Partnership Redevelopment grant program; Board of HCD to review, etc.

Department of Housing and Community Development; administration of Urban Public-Private Partnership Redevelopment grant program; report.

What This Bill Does

  • Department of Housing and Community Development; administration of Urban Public-Private Partnership Redevelopment grant program; report.
  • Directs the Department of Housing and Community Development to review and develop criteria and guidelines for the administration of the Urban Public-Private Partnership Redevelopment grant program in consultation with the Virginia Association of Counties, the Virginia First Cities Coalition, the Virginia Municipal League, and the Virginia Economic Developers Association.
  • The bill requires such criteria to include (i) award prioritization for (a) localities experiencing an above average and high level of fiscal stress as designated by the Commission on Local Government in its most recent Report on Comparative Revenue Capacity, Revenue Effort, and Fiscal Stress of Virginia's Cities and Counties and (b) localities experiencing a significant decrease in commercial real estate assessments and (ii) the amount and type of local matches with consideration of both monetary and non-monetary contribution requirements.
  • The bill requires the Director of the Department to report the Department's findings to the Chairs of the Senate Committee on Finance and Appropriations, the Senate Committee on General Laws and Technology, the House Committee on Appropriations, and the House Committee on General Laws no later than November 1, 2026.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

SB285G

2026-04-11 • Governor

Governor's Recommendation

Plain English: (SB285) GOVERNOR'S RECOMMENDATION 1.

  • (SB285) GOVERNOR'S RECOMMENDATION 1.
  • Line 2, enrolled, Title, after the strike Department insert Board 2.
  • Line 8, enrolled, after the strike Department insert Board 3.
  • Line 17, enrolled, after requirements.

Bill History

  1. 2026-04-22 Governor

    Governor's recommendation adopted

  2. 2026-04-22 House

    Signed by Speaker

  3. 2026-04-22 Senate

    Signed by President

  4. 2026-04-22 Governor

    Approved by Governor-Chapter 1001 (effective 7/1/2026)

  5. 2026-04-22 Senate

    Reenrolled

  6. 2026-04-22 Senate

    Reenrolled bill text (SB285ER2)

  7. 2026-04-22 Governor

    Acts of Assembly Chapter text (CHAP1001)

  8. 2026-04-22 Senate

    Senate concurred in Governor's recommendation (39-Y 0-N 0-A)

  9. 2026-04-22 House

    House concurred in Governor's recommendation (95-Y 2-N 0-A)

  10. 2026-04-11 Governor

    Governor's recommendation received by Senate

  11. 2026-04-01 Senate

    Fiscal Impact Statement from Department of Planning and Budget (SB285)

  12. 2026-03-31 Senate

    Enrolled Bill communicated to Governor on March 31, 2026

  13. 2026-03-31 Governor

    Governor's Action Deadline 11:59 p.m., April 13, 2026

  14. 2026-03-31 House

    Signed by Speaker

  15. 2026-03-31 Senate

    Enrolled Bill communicated to Governor on March 31, 2026

  16. 2026-03-31 Governor

    Governor's Action Deadline 11:59 p.m., April 13, 2026

  17. 2026-03-30 Senate

    Signed by President

  18. 2026-03-30 Senate

    Enrolled

  19. 2026-03-30 Senate

    Bill text as passed Senate and House (SB285ER)

  20. 2026-03-12 House

    Read third time

  21. 2026-03-12 House

    Passed House Block Vote (96-Y 0-N 0-A)

  22. 2026-03-11 House

    Read second time

  23. 2026-03-09 Appropriations

    Reported from Appropriations (22-Y 0-N)

  24. 2026-03-06 Rules

    Reported from Rules and referred to Appropriations (18-Y 0-N)

  25. 2026-03-02 Studies Subcommittee

    Subcommittee recommends reporting and referring to Appropriations (5-Y 0-N)

  26. 2026-03-01 Studies Subcommittee

    Assigned HRUL sub: Studies Subcommittee

  27. 2026-02-05 House

    Placed on Calendar

  28. 2026-02-05 House

    Read first time

  29. 2026-02-05 Rules

    Referred to Committee on Rules

  30. 2026-02-02 Senate

    Read third time and passed Senate Block Vote (40-Y 0-N 0-A)

  31. 2026-01-30 Senate

    Read second time

  32. 2026-01-30 Senate

    Engrossed by Senate - committee substitute

  33. 2026-01-30 Senate

    Finance and Appropriations Substitute agreed to

  34. 2026-01-30 Finance and Appropriations

    Finance and Appropriations Substitute agreed to

  35. 2026-01-30 Senate

    Engrossed by Senate Block Vote (Voice Vote)

  36. 2026-01-29 Senate

    Rules suspended

  37. 2026-01-29 Senate

    Passed by for the day

  38. 2026-01-29 Finance and Appropriations

    Fiscal Impact Statement from Department of Planning and Budget (SB285)

  39. 2026-01-29 Senate

    Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)

  40. 2026-01-29 Senate

    Passed by for the day Block Vote (Voice Vote)

  41. 2026-01-28 Finance and Appropriations

    Reported from Finance and Appropriations with substitute (13-Y 0-N)

  42. 2026-01-28 Finance and Appropriations

    Committee substitute printed 26106389D-S1

  43. 2026-01-22 Senate

    Fiscal Impact Statement from Department of Planning and Budget (SB285)

  44. 2026-01-19 Local Government

    Reported from Local Government and rereferred to Finance and Appropriations (15-Y 0-N)

  45. 2026-01-13 Senate

    Prefiled and ordered printed; Offered 01-14-2026 26102166D

  46. 2026-01-13 Local Government

    Referred to Committee on Local Government

Official Summary Text

Department of Housing and Community Development; administration of Urban Public-Private Partnership Redevelopment grant program; report.
Directs the Department of Housing and Community Development to review and develop criteria and guidelines for the administration of the Urban Public-Private Partnership Redevelopment grant program in consultation with the Virginia Association of Counties, the Virginia First Cities Coalition, the Virginia Municipal League, and the Virginia Economic Developers Association. The bill requires such criteria to include (i) award prioritization for (a) localities experiencing an above average and high level of fiscal stress as designated by the Commission on Local Government in its most recent Report on Comparative Revenue Capacity, Revenue Effort, and Fiscal Stress of Virginia's Cities and Counties and (b) localities experiencing a significant decrease in commercial real estate assessments and (ii) the amount and type of local matches with consideration of both monetary and non-monetary contribution requirements. The bill requires the Director of the Department to report the Department's findings to the Chairs of the Senate Committee on Finance and Appropriations, the Senate Committee on General Laws and Technology, the House Committee on Appropriations, and the House Committee on General Laws no later than November 1, 2026.

Current Bill Text

Read the full stored bill text 
An Act to require the
Board
of Housing and Community Development to review and develop appropriate criteria and guidelines for the administration of the Urban Public-Private Partnership Redevelopment grant program.
Be it enacted by the General Assembly of Virginia:
1.
§ 1. That the
Board
of Housing and Community Development shall review and develop criteria and guidelines for the administration of the Urban Public-Private Partnership Redevelopment grant program established by Chapter 24.1 (§
15.2-2414
et seq.) of Title 15.2 of the Code of Virginia in consultation with the Virginia Association of Counties, the Virginia First Cities Coalition, the Virginia Municipal League, and the Virginia Economic Developers Association. Such criteria shall include (i) award prioritization for (a) localities experiencing an above average and high level of fiscal stress as designated by the Commission on Local Government in its most recent Report on Comparative Revenue Capacity, Revenue Effort, and Fiscal Stress of Virginia's Cities and Counties and (b) localities experiencing a significant decrease in commercial real estate assessments and (ii) the amount and type of local matches with consideration of both monetary and non-monetary contribution requirements. The
chair of the Board
of Housing and Community Development shall submit a report on any findings and criteria developed to the Chairs of the Senate Committee on Finance and Appropriations, the Senate Committee on General Laws and Technology, the House Committee on Appropriations, and the House Committee on General Laws no later than November 1, 2026.