Affordable and workforce housing; Va. Housing Commission, et al., to study local regulation.
Impact
The resolution aims to alleviate challenges that local regulations pose on the housing market, particularly around affordable housing. It seeks to identify potential state funding and incentives for local governments to adopt measures that would facilitate an increase in housing supply. This could lead to a revision of existing local policies that may be seen as barriers to affordable housing development. Ultimately, the study's recommendations could result in significant changes to how local governments manage development and housing projects.
Summary
HJR507 is a resolution that prompts the Virginia Housing Commission to focus on the state's planning and zoning regulations impacting affordable and workforce housing. The bill acknowledges that local policies may lead to higher housing costs and restrict the supply of affordable housing. The Virginia Housing Commission, in partnership with the Department of Housing and Community Development, is tasked with reviewing Chapter 22 of Title 15.2 of the Code of Virginia, which encompasses local authority regarding planning and development processes. The goal is to streamline these processes and enhance predictability for developers and residents alike.
Contention
Notably, there could be contention around the balance between local control and state oversight. Local governments may argue that their regulations are essential for addressing unique community needs, while proponents of HJR507 might contend that uniformity in regulations is necessary for promoting affordable housing statewide. Critics could express concerns that state intervention may undermine local authority, which could be critical in responding to specific housing challenges faced by different communities. The outcomes of the Commission's recommendations will be crucial in addressing these potential conflicts.