§ 15.2-958.7 Local Foundation and Soil Management Fund; grant moneys
Any locality may by ordinance create a local Foundation and Soil Management Fund consisting of appropriated local moneys for the purpose of granting funds to an owner of private property or a common interest community, as that term is defined in § 54.1-2345, for foundation management and soil settlement repairs on previously developed lands. Grants from such fund shall be used only for (i) the construction, improvement, or repair of a foundation; (ii) soil settlement and compaction control; (iii) foundation failure and soil compaction mitigation and protection measures that are a part of a locality’s comprehensive plan to address foundation failure and soil compaction mitigation and protection; or (iv) joint foundation repair and soil compaction mitigation projects. Grants made pursuant to clause (iii) shall, where practicable, prioritize projects that include nature-based practices.
History
This law was first created in 2025. The record of its establishment is cataloged in chapter 123 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year.
2025, c. 123.