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Virginia · 2025 Regular Session · Bill

SB 1344: Virginia Housing Trust Fund; creation and management.

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

SB 1344 is a bill introduced in the Virginia Senate on January 13, 2025. According to its official title, it concerns: Virginia Housing Trust Fund; creation and management. Primary sponsor: Emily Jordan (Republican). Most recent recorded action (January 29, 2025): Passed by indefinitely in General Laws and Technology with letter (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; creation and management. Provides that the Department of Housing and Community Development (the Department) shall use at least 65 percent of the moneys from the Virginia Housing Trust Fund (the Fund) to provide flexible financing for low-interest loans through eligible organizations and up to 35 percent of the moneys from the Fund to provide grants through eligible organizations for targeted efforts to reduce homelessness. Under current law, the Department is required to use at least 80 percent of the moneys from the Fund to provide flexible financing for low-interest loans and up to 20 percent of the moneys from the Fund to provide grants for targeted efforts to reduce homelessness.

Sponsors

Sponsors by party (alphabetical): Republican 1

NameRolePartyChamberDistrict
Emily JordanPrimary sponsorRepublicanSenate17

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Passed by indefinitely in General Laws and Technology with letter (15-Y 0-N)
  2. Fiscal Impact Statement from Department of Planning and Budget (SB1344)
  3. Referred to Committee on General Laws and Technology
  4. Prefiled and ordered printed; Offered 01-13-2025 25101749D

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source