HB196
Mixed-income housing; creating a two-year pilot program that provides load origination, etc.
Status:
Passed
Latest Action:
April 1, 2026
House: Fiscal Impact Statement from Department of Planning and Budget (HB196)
Chief Patron:
Josh Thomas (D)
Session:
2026 Regular Session
Summary
As Passed House of Origin. 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 ... (More) 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. (Less)-
Bill History
- 01/07/2026 - House: Prefiled and ordered printed; Offered 01-14-2026 26104171D
- 01/07/2026 - House: Referred to Committee on Appropriations
- 01/15/2026 - House: Assigned HAPP sub: Commerce Agriculture & Natural Resources
- 01/22/2026 - House: Fiscal Impact Statement from Department of Planning and Budget (HB196)
- 01/27/2026 - House: Placed on Appropriations Agenda
- 01/28/2026 - House: House subcommittee offered
- 01/28/2026 - House: Subcommittee recommends reporting with substitute (5-Y 0-N)
- 01/29/2026 - House: Placed on Appropriations Agenda
- 01/30/2026 - House: House committee offered
- 01/30/2026 - House: Reported from Appropriations with substitute (21-Y 0-N)
- 01/30/2026 - House: Committee substitute printed 26106457D-H1
- 02/03/2026 - House: Read first time
- 02/04/2026 - House: Moved from Uncontested Calendar to Regular Calendar
- 02/04/2026 - House: Read second time
- 02/04/2026 - House: committee substitute agreed to
- 02/04/2026 - House: Engrossed by House - committee substitute
- 02/05/2026 - House: Fiscal Impact Statement from Department of Planning and Budget (HB196)
- 02/05/2026 - House: Read third time and passed House (92-Y 6-N 0-A)
- 02/06/2026 - Senate: Constitutional reading dispensed (on 1st reading)
- 02/06/2026 - Senate: Referred to Committee on Finance and Appropriations
- 03/06/2026 - Senate: Reported from Finance and Appropriations with substitute (14-Y 0-N)
- 03/09/2026 - Senate: Committee substitute printed 26109381D-S1
- 03/09/2026 - Senate: Rules suspended
- 03/09/2026 - Senate: Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)
- 03/09/2026 - Senate: Passed by for the day Block Vote (Voice Vote)
- 03/10/2026 - Senate: Read third time
- 03/10/2026 - Senate: Finance and Appropriations Substitute agreed to
- 03/10/2026 - Senate: Engrossed by Senate - committee substitute
- 03/10/2026 - Senate: Passed Senate with substitute Block Vote (40-Y 0-N 0-A)
- 03/11/2026 - House: Senate substitute rejected by House (2-Y 96-N 0-A)
- 03/12/2026 - Senate: Senate insisted on substitute Block Vote (40-Y 0-N 0-A)
- 03/12/2026 - Senate: Senate requested conference committee
- 03/12/2026 - House: House acceded to request
- 03/12/2026 - House: Conferees appointed by House
- 03/12/2026 - House: House Conferees: Thomas, Helmer, Wiley
- 03/12/2026 - Senate: Conferees appointed by Senate
- 03/12/2026 - Senate: Senate Conferees: VanValkenburg, Locke, Pillion
- 03/13/2026 - Conference Report released
- 03/13/2026 - Senate: Conference report agreed to by Senate (37-Y 2-N 0-A)
- 03/14/2026 - House: Passed by temporarily
- 03/14/2026 - House: Conference report agreed to by House (91-Y 6-N 0-A)
- 03/18/2026 - House: Fiscal Impact Statement from Department of Planning and Budget (HB196)
- 03/30/2026 - House: Enrolled
- 03/30/2026 - House: Bill text as passed House and Senate (HB196ER)
- 03/30/2026 - Senate: Signed by President
- 03/31/2026 - House: Signed by Speaker
- 03/31/2026 - House: Enrolled Bill communicated to Governor on March 31, 2026
- 03/31/2026 - Governor's Action Deadline 11:59 p.m., April 13, 2026
- 04/01/2026 - House: Fiscal Impact Statement from Department of Planning and Budget (HB196)
