§ 36-156.6. Annual reports
On or before December 1 of each year, the Department shall report to the Secretary of Commerce and Trade, the Governor, and the Chairmen of the House Committee on Appropriations and the Senate Committee on Finance and Appropriations on such other matters regarding the Fund as the Department may deem appropriate, including the amount of […]
§ 36-157. Short title
This chapter shall be known and may be cited as the “Housing Revitalization Zone Act.” 2000, cc. 789, 795.
§ 36-156.2. Virginia Defective Drywall Correction and Restoration Assistance Fund established; uses
A. There is hereby created and set apart a special, permanent, perpetual, and nonreverting fund to be known as the Virginia Defective Drywall Correction and Restoration Assistance Fund for the purposes of promoting the correction and restoration of residential property affected by the environmental problems attributable to defective drywall or overcoming obstacles to the remediation […]
§ 36-156.3. Definitions
As used in this chapter, unless the context requires a different meaning: “CDFI” means a community development financial institution that provides credit and financial services for underserved communities. “Department” means the Department of Agriculture and Consumer Services. “Fund” means the Virginia Food Access Investment Fund. “Funding” means loans, forgivable loans, and grants made from the […]
§ 36-156. Reports
On or before September 30 of each year, each local government recipient shall report to the Department on the status of the properties acquired by the locality with the grant. 1999, c. 1018; 2004, c. 577.
§ 36-156.1. Definitions
As used in this chapter, unless the context requires a different meaning: “Authority” means the Virginia Resources Authority. “Bona fide prospective purchaser” means a person who acquires ownership, or proposes to acquire ownership, of real property affected by defective drywall. “Cost,” as applied to any project financed under the provisions of this chapter, means the […]
§ 36-153. Creation and management of Fund
There is hereby established in the state treasury a special nonreverting permanent fund to be known as the Virginia Removal or Rehabilitation of Derelict Structures Fund. The Fund shall consist of sums appropriated to the Fund by the General Assembly; sums which may be allocated to the Commonwealth for this purpose by the United States […]
§ 36-154. Audit
The Auditor of Public Accounts or his legally authorized representatives shall audit the accounts of the Fund in accordance with generally accepted auditing standards as determined necessary by the Auditor of Public Accounts, and the cost of such audit services shall be borne by the Fund. 1999, c. 1018; 2018, cc. 57, 307.
§ 36-155. Grants
Except as otherwise provided in this chapter, money in the Fund shall be used to make grants to local governments to finance the acquisition, removal, rehabilitation, repair or demolition of derelict structures. No grant shall exceed $1,000,000. Each grant shall be conditioned upon a 100 percent match of funds by the local government. The Board […]
§ 36-152. Definitions
As used in this chapter, unless the context requires a different meaning: “Board” means the Board of Housing and Community Development. “Department” means the Department of Housing and Community Development. “Derelict structures” means residential, commercial or industrial structures which are no longer being used for a place of habitation, business or industry and which are […]