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SB490Introduced in the Senate

Mixed-income housing; creating a two-year pilot program that provides loan origination, etc.

Passed

Introduced by Schuyler VanValkenburg, District 16

What does this bill do?

Plain-English breakdown

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Official description

Department of Housing and Community Development; loans for the construction of mixed income housing; report. Directs the Department of Housing and Community Development, in collaboration with the Virginia Housing Development Authority, to create a two-year pilot program that would provide loan origination and servicing activities for mixed income housing and submit a report on its findings to the General Assembly by November 1 of each year of the pilot program. This bill is identical to HB 196 and HB 820.

Where it stands

Acts of Assembly Chapter text (CHAP1012)

April 22, 2026

How did lawmakers vote?

House of Delegates votes

4 recorded votes · each counted separately

Senate votes

9 recorded votes · each counted separately

House of DelegatesStage: House concurred in Governor's recommendation (75-Y 23-N 0-A) · April 22, 2026

75

Yes

23

No

2

Absent or Not Voting

100 delegates recorded in this House of Delegates vote. Colors show vote categories only, not whether a vote was good or bad.

See how each delegate voted

DelegateDistrictVote
Patrick Hope1Yes
Adele McClure2Yes
Alfonso Lopez3Yes
Charniele Herring4Yes
Kirk McPike5Yes
Richard Sullivan6Yes
Karen Keys-Gamarra7Yes
Irene Shin8Yes
Karrie Delaney9Yes
Dan Helmer10Yes

Bill history

  1. Prefiled and ordered printed; Offered 01-14-2026 26103258D

  2. Referred to Committee on General Laws and Technology

  3. Assigned GL&T sub: Housing

  4. Senate subcommittee offered

  5. Reported from General Laws and Technology with substitute and rereferred to Finance and Appropriations (15-Y 0-N)

  6. Senate committee offered

  7. Committee substitute printed 26106993D-S1

  8. Fiscal Impact Statement from Department of Planning and Budget (SB490)

  9. Reported from Finance and Appropriations with substitute (15-Y 0-N)

  10. Rules suspended

  11. Constitutional reading dispensed (on 1st reading) (35-Y 0-N 0-A)

  12. Committee substitute printed 26107936D-S2

  13. Passed by for the day

  14. Read second time

  15. Committee substitute rejected (Voice Vote)

  16. Committee substitute agreed to (Voice Vote)

  17. Engrossed by Senate - committee substitute Block Vote (Voice Vote)

  18. Rules suspended

  19. Constitutional reading dispensed Block Vote (on 3rd reading) (39-Y 0-N 0-A)

  20. Read third time and passed Senate Block Vote (39-Y 0-N 0-A)

  21. Blank Action

  22. Fiscal Impact Statement from Department of Planning and Budget (SB490)

  23. Placed on Calendar

  24. Read first time

  25. Referred to Committee on Appropriations

  26. Assigned HAPP sub: Commerce Agriculture & Natural Resources

  27. House committee offered

  28. Reported from Appropriations with substitute (17-Y 5-N)

  29. Committee substitute printed 26108542D-H1

  30. Read second time

  31. Read third time

  32. committee substitute agreed to

  33. Engrossed by House - committee substitute

  34. Passed House with substitute (67-Y 32-N 0-A)

  35. Fiscal Impact Statement from Department of Planning and Budget (SB490)

  36. House substitute rejected by Senate (0-Y 40-N 0-A)

  37. House insisted on substitute

  38. House requested conference committee

  39. Senate acceded to request Block Vote (40-Y 0-N 0-A)

  40. Conferees appointed by Senate

  41. Senate Conferees: VanValkenburg, Locke, Pillion

  42. Conferees appointed by House

  43. House Conferees: Helmer, Thomas, Wiley

  44. Conference Report released

  45. Conference report agreed to by Senate (39-Y 0-N 0-A)

  46. Conference report agreed to by House (66-Y 30-N 0-A)

  47. Enrolled

  48. Bill text as passed Senate and House (SB490ER)

  49. Signed by President

  50. Fiscal Impact Statement from Department of Planning and Budget (SB490)

  51. Signed by Speaker

  52. Enrolled Bill communicated to Governor on March 31, 2026

  53. Governor's Action Deadline 11:59 p.m., April 13, 2026

  54. Governor's recommendation received by Senate

  55. Senate concurred in Governor's recommendation (39-Y 0-N 0-A)

  56. House concurred in Governor's recommendation (75-Y 23-N 0-A)

  57. Governor's recommendation adopted

  58. Reenrolled

  59. Reenrolled bill text (SB490ER2)

  60. Signed by Speaker

  61. Signed by President

  62. Approved by Governor-Chapter 1012 (effective 7/1/2026)

  63. Acts of Assembly Chapter text (CHAP1012)

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