The Commerce, Agriculture and Natural Resources Subcommittee advanced ten bills and tabled two, with housing and economic development dominating the agenda. The only contested vote was HB 1227, a private activity bond reallocation bill described as part of the governor's affordability agenda, which passed three to two while all other reported bills cleared five to zero.
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Delegate Carr moved to table HB 408 and refer it by letter to the Housing Commission rather than advance it. No named speaker explicitly opposed the motion, and the bill was tabled five to zero.
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“There's a lot of development deals across Virginia where we can get thousands of housing units in localities, say, for 1, 2, 3% of the deal that we just can't close, mainly due to infrastructure.”
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Sign in to subscribeStarting with the House Bill 196. Delegate Thomas. Thank you, Mr. Chairman. House Bill 196 is a bill that. Would you stand? There's a substitute. There is absolutely a substitute, Mr. Chairman. The substitute has been moved and seconded. All those in favor, signify by saying aye. Against. Okay. The substituted bills before us. All right, thank you, Mr. Chairman. I know we're moving quickly today, so I'll just frame it very briefly. Problem. There's a lot of development deals across Virginia where we can get thousands of housing units in localities, say, for 1, 2, 3% of the deal that we just can't close, mainly due to infrastructure. Infrastructure I'm talking about is water distribution, wastewater, stormwater. What this would do is create a pilot program to allow the commonwealth to start to experiment with maybe covering those costs in certain cases at the discretion of dhcd, who has the knowledge in order to do so. Because it's a pilot, we're limiting it to two planning districts, ones that require a lot of extra infrastructure in order to make deals work. And this means. Let me ask you if you have anybody here to testify and support. They're supposed…
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