Industrial development authorities; housing allowed in certain localities.
This could lead to more affordable housing options for families in the targeted areas.
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HB 1058 — Industrial development authorities; housing allowed in certain localities.
Last action — Continued from last session
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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2In Committee
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3Passed House of Delegates
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4Passed Senate
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5To Executive
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6Enacted
This bill is in committee in the House of Delegates. Introduced January 14, 2026. It must pass committee before a floor vote.
Next likely step: a committee vote, then a floor vote in the House of Delegates.
Prognosis
Where this bill stands today.
Odds of enactment
LowHow often bills like it became law.
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In Committee
Current position in the legislative process.
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2 sponsors
1 primary, 1 co-sponsors signed on.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
In plain language
Allows certain industrial development authorities to support affordable housing projects in specific localities.
The bill enables industrial development authorities in Halifax, Henry, Pittsylvania Counties, and Danville and Martinsville Cities to work on housing projects. This includes the ability to issue bonds for constructing affordable housing, aiming to enhance safe living options.
What this means for you
- Families: This could lead to more affordable housing options for families in the targeted areas.
- Consumers: Consumers may benefit from increased availability of safe and affordable housing.
Summary
Industrial development authorities in certain localities; housing. Allows industrial development authorities in the Counties of Halifax, Henry, and Pittsylvania and the Cities of Danville and Martinsville to exercise their powers with respect to facilities used primarily for single or multifamily residences in order to promote safe and affordable housing in the Commonwealth. Under current law, such powers may be exercised only in a locality where a housing authority has not been activated. The bill also grants industrial development authorities in such localities the power to issue bonds associated with the construction of affordable housing.
Bill Text
- Introduced View text Current pdf
Compared against the Code of Virginia as published AI-generated reading aid — verify against the official bill.
This bill amends 2 section(s) of the Code of Virginia: 15.2-4901, 15.2-4902.
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15.2-4901
multi-familyStrikes “multi-family”.
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15.2-4901
multifamily
Inserts “multifamily”.
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15.2-4901
It is the further intent of the legislature and shall be the policy of the Commonwealth to grant to industrial development authorities
Inserts “It is the further intent of the legislature and shall be the policy of the Commonwealth to grant to industrial development authorities”.
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15.2-4901
in the Counties of Halifax, Henry, and Pittsylvania and t
Inserts “in the Counties of Halifax, Henry, and Pittsylvania and t”.
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15.2-4901
he Cities of Danville and Martinsville
Inserts “he Cities of Danville and Martinsville”.
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15.2-4901
, in addition to the powers previously or hereafter granted in this chapter, the powers contained herein with respect to facilities used primarily for single or multifamily residences in order to promote safe and affordable housing in the Commonwealth and to benefit thereby the safety, health, welfare, and prosperity of the inhabitants of the Commonwealth. It is not intended hereby that any such authority shall itself be authorized to operate any such facility or exercise any powers of eminent domain set forth in § 36-27.
Inserts “, in addition to the powers previously or hereafter granted in this chapter, the powers contained herein with respect to facilities used primarily for single or multifamily residences in order to promote safe and affordable housing in the Commonwealth and to benefit thereby the safety, health, welfare, and prosperity of the inhabitants of the Commonwealth. It is not intended hereby that any such authority shall itself be authorized to operate any such facility or exercise any powers of eminent domain set forth in § 36-27.”.
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15.2-4901
It is the further intent of the legislature and shall be the policy of the Commonwealth to grant to industrial development authorities in
Inserts “It is the further intent of the legislature and shall be the policy of the Commonwealth to grant to industrial development authorities in”.
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15.2-4901
the Counties of Halifax, Henry, and Pittsylvania and the Cities of Danville and Martinsville
Inserts “the Counties of Halifax, Henry, and Pittsylvania and the Cities of Danville and Martinsville”.
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15.2-4901
, in addition to the powers previously or hereafter granted herein, the power to issue bonds
Inserts “, in addition to the powers previously or hereafter granted herein, the power to issue bonds”.
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15.2-4901
o
Inserts “o”.
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15.2-4901
r
Inserts “r”.
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15.2-4901
make grants, or any combination thereof, associated with the construction of affordable housing in order to promote safe and affordable housing in the Commonwealth and to benefit thereby the safety, health, welfare, and prosperity of the inhabitants of the Commonwealth.
Inserts “make grants, or any combination thereof, associated with the construction of affordable housing in order to promote safe and affordable housing in the Commonwealth and to benefit thereby the safety, health, welfare, and prosperity of the inhabitants of the Commonwealth.”.
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15.2-4902
multi-familyStrikes “multi-family”.
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15.2-4902
multifamily
Inserts “multifamily”.
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15.2-4902
ClauseStrikes “Clause”.
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15.2-4902
Except in the Counties of Halifax, Henry, and Pittsylvania and the Cities of Danville and Martinsville,
Inserts “Except in the Counties of Halifax, Henry, and Pittsylvania and the Cities of Danville and Martinsville,”.
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15.2-4902
clause
Inserts “clause”.
Action History
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Continued from last session
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Continued to next session in Counties, Cities and Towns (Voice Vote)
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Subcommittee recommends continuing to (Voice Vote)
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House subcommittee offered
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Assigned HCCT sub: Subcommittee #3
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Referred to Committee on Counties, Cities and Towns
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Prefiled and ordered printed; Offered 01-14-2026 26104682D
Sponsors
- Madison Whittle · Cosponsor
- Eric Phillips · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 1 co-sponsors · 146 not signed on
Sponsors (1)
Co-sponsors (1)
Not signed on (146)
146 members have not signed on to this bill.
Show all 146 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does HB 1058 do?
- Industrial development authorities in certain localities; housing. Allows industrial development authorities in the Counties of Halifax, Henry, and Pittsylvania and the Cities of Danville and Martinsville to exercise their powers with respect to facilities used primarily for single or multifamily residences in order to promote safe and affordable housing in the Commonwealth. Under current law, such powers may be exercised only in a locality where a housing authority has not been activated. The bill also grants industrial development authorities in such localities the power to issue bonds associated with the construction of affordable housing.
- Who sponsors HB 1058?
- HB 1058 is sponsored by Madison Whittle and Eric Phillips.
- What is the current status of HB 1058?
- This bill is in committee in the House of Delegates. Introduced January 14, 2026. It must pass committee before a floor vote.
- Where can I track HB 1058?
- Track HB 1058 free on One Click Politics — get push/email alerts when it moves.
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