Community revitalization fund; expanding use for all localities. Expands the current provisions of law allowing for the establishment of a community revitalization fund for the purpose of preventing neighborhood deterioration to apply to all localities. Currently, only the City of Richmond is authorized to establish such a fund. This bill is identical to HB 478 and is a recommendation of the Virginia Housing Commission.

Statutes affected:
Senate: Prefiled and ordered printed; offered 01/10/24 24100699D: 15.2-958.5
Senate: Bill text as passed Senate and House (SB49ER): 15.2-958.5
Governor: Acts of Assembly Chapter text (CHAP0701): 15.2-958.5