SB1139
Virginia Workforce Housing Assistance Program; established, report.
Summary
As Introduced. Virginia
Workforce Housing Assistance Program; report. Establishes the Virginia Workforce Housing Assistance Program to provide grants to eligible employers, defined in the bill, that set up housing down payment assistance programs for employees in amounts equal to the lesser of 15 percent of housing down payment assistance expenses incurred by an ... (More) eligible employer during the fiscal year or $50,000. The bill specifies that an eligible employer may only receive grants in the aggregate of up to $150,000 across all fiscal years or $250,000 for housing down payment assistance expenses incurred for employees in certain fiscally stressed localities. The bill provides that the Program be administered by the Department of Housing and Community Development in coordination with the Virginia Economic Development Partnership Authority. (Less)-
Bill History
- 01/07/2025 - Senate: Prefiled and ordered printed; Offered 01-08-2025 25104243D
- 01/07/2025 - Senate: Referred to Committee on General Laws and Technology
- 01/28/2025 - Senate: Fiscal Impact Statement from Department of Planning and Budget (SB1139)
- 01/29/2025 - Senate: Passed by indefinitely in General Laws and Technology with letter (12-Y 0-N)
