Bill
Bill > HB910
summary
Introduced
01/13/2026
01/13/2026
In Committee
02/11/2026
02/11/2026
Crossed Over
02/09/2026
02/09/2026
Passed
Dead
Introduced Session
2026 Regular Regular Session
Bill Summary
Department of Housing and Community Development; powers and duties of Director; a comprehensive statewide housing needs assessment; review of certain parcels. Requires the Department of Housing and Community Development to conduct a review of parcels owned by certain partnerships, corporation, or real estate investment trusts in its comprehensive statewide housing needs assessment conduct at least every five years.
AI Summary
This bill, effective July 1, 2026, prohibits certain entities, specifically partnerships, corporations, or real estate investment trusts that manage pooled investor funds, act as fiduciaries, have significant assets under management, and already own more than 50 single-family homes (which the bill defines to include manufactured home parks and single-family duplexes), from acquiring any additional single-family homes. Furthermore, any purchaser of a manufactured home park must provide a notarized affidavit confirming they are not prohibited from making such a purchase, and any false statements on this affidavit will result in a civil penalty of up to $10,000 per violation, with the funds deposited into a revolving loan fund for the purchase of manufactured home parks.
Committee Categories
Housing and Urban Affairs, Justice
Sponsors (6)
Irene Shin (D)*,
Nadarius Clark (D),
Kelly Convirs-Fowler (D),
Jackie Glass (D),
Michelle Lopes-Maldonado (D),
Garrett McGuire (D),
Last Action
Assigned GL&T sub: Housing (on 02/25/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://lis.virginia.gov/bill-details/20261/HB910 |
| Fiscal Note/Analysis - Fiscal Impact Statement from Department of Planning and Budget (HB910) | https://lis.blob.core.windows.net/files/1134940.PDF |
| BillText | https://lis.virginia.gov/bill-details/20261/HB910/text/HB910H1 |
| BillText | https://lis.virginia.gov/bill-details/20261/HB910/text/HB910HC1 |
| Fiscal Note/Analysis - Fiscal Impact Statement from Department of Planning and Budget (HB910) | https://lis.blob.core.windows.net/files/1096425.PDF |
| BillText | https://lis.virginia.gov/bill-details/20261/HB910/text/HB910 |
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