Virginia · 2025 Regular Session · Bill
HB 2048: Virginia Housing Trust Fund; geographic equity impact assessment.
Passed one chamber Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 2048 is a bill introduced in the Virginia House on January 7, 2025. According to its official title, it concerns: Virginia Housing Trust Fund; geographic equity impact assessment. Primary sponsor: Bonita Anthony (Democratic). It lists 4 additional sponsors. Most recent recorded action (February 11, 2025): Passed by indefinitely in Finance and Appropriations (15-Y 0-N).
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Virginia Housing Trust Fund; geographic equity impact assessment. Requires the Department of Housing and Community Development to conduct an annual geographic equity assessment (GEIA) to identify distressed localities that have historically received less investment for housing and economic development. The bill provides that, of the 80 percent of moneys from the Virginia Housing Trust used to provide flexible financing for low-interest loans, no more than 20 percent shall be allocated to a single locality unless such locality has been identified as underserved in the most recent GEIA.
Sponsors
Sponsors by party (alphabetical): Democratic 5
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Bonita Anthony | Primary sponsor | Democratic | House | 92 |
| Destiny LeVere Bolling | Co-sponsor | Democratic | House | 80 |
| Debra Gardner | Co-sponsor | Democratic | House | 76 |
| Mike Jones | Co-sponsor | Democratic | Senate | 15 |
| Karen Keys-Gamarra | Co-sponsor | Democratic | House | 7 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Passed by indefinitely in Finance and Appropriations (15-Y 0-N)
- Referred to Committee on Finance and Appropriations
- Constitutional reading dispensed (on 1st reading)
- Read third time and passed House (54-Y 44-N)
- Fiscal Impact Statement from Department of Planning and Budget (HB2048)
- Engrossed by House - committee substitute
- Appropriations Substitute agreed to
- Finance Substitute rejected
- Read second time
- Read first time
- Committee substitute printed 25106592D-H2
- Reported from Appropriations with substitute (14-Y 8-N)
Showing 12 most recent of 20 actions. Full history