Affordable housing; City of Richmond has authority to provide.
If enacted, the bill would influence how counties and cities in Virginia handle zoning laws concerning affordable housing. By enabling local governments to implement these programs without the burden of additional contributions to local funding for housing, the bill seeks to foster a more flexible and responsive approach to housing needs. This is particularly relevant in urban areas where the demand for affordable housing is acute, thus promoting community development and accessibility.
House Bill 1122 aims to grant specific localities in Virginia, including the Cities of Richmond, Alexandria, Charlottesville, and Fairfax, greater authority to enact zoning ordinances that promote affordable housing. The legislation intends to address housing shortages by allowing local governing bodies to create affordable housing dwelling unit programs. Through these programs, localities can encourage the construction and maintenance of moderately priced housing by offering optional increases in housing density, which can subsequently lower land costs for developers.
Despite the potential benefits, there may be some contention surrounding this bill. Stakeholders in the housing sector might have differing views on the impact of increased density allowances and how they interact with existing community standards and infrastructure capabilities. Additionally, while supporters argue this change will ease the housing crisis, opponents could express concerns about how the increased density might impact local character, environmental sustainability, and the overall urban landscape.