{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/15.2-2415.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/15.2-2415.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/15.2-2415.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/15.2-2415.html"}],"law_id":82733,"edition_id":1,"section_id":82733,"structure_id":15707,"section_number":"15.2-2415","catch_line":"Creation and management of the Urban Public-Private Partnership Redevelopment Fund","history":"2000, c. 757.","full_text":"There is hereby established in the state treasury a permanent and perpetual fund to be known as the Urban Public-Private Partnership Redevelopment 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 government; all interest earned on moneys in the Fund; and any other sums designated for deposit to the Fund from any source, public or private. The Fund is created to address the serious problem of a lack of developable land in urban areas of the Commonwealth and the high cost of redeveloping such land. The Fund shall make grants or loans to local governments for assembling, planning, clearing, and remediating sites for the purpose of promoting such sites to private developers for redevelopment.\n\t\tThe Fund shall be administered and managed by the Department as prescribed in this chapter. The Department may disburse from the Fund reasonable costs and expenses incurred in administration and management of the Fund.","order_by":null,"text":{"0":{"id":296381,"text":"There is hereby established in the state treasury a permanent and perpetual fund to be known as the Urban Public-Private Partnership Redevelopment 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 government; all interest earned on moneys in the Fund; and any other sums designated for deposit to the Fund from any source, public or private. The Fund is created to address the serious problem of a lack of developable land in urban areas of the Commonwealth and the high cost of redeveloping such land. The Fund shall make grants or loans to local governments for assembling, planning, clearing, and remediating sites for the purpose of promoting such sites to private developers for redevelopment.\n\t\tThe Fund shall be administered and managed by the Department as prescribed in this chapter. The Department may disburse from the Fund reasonable costs and expenses incurred in administration and management of the Fund.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":15707,"edition_id":1,"name":"Urban Public-Private Partnership Redevelopment Fund","identifier":"24.1","label":"chapter","depth":3,"order_by":1,"parent_id":12733,"metadata":{},"date_created":"2026-06-26 03:58:08","date_modified":"2026-06-26 03:58:08","permalink":{"id":155759,"object_type":"structure","relational_id":15707,"identifier":"24.1","token":"15.2\/II\/24.1","url":"\/15.2\/II\/24.1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12733,"edition_id":1,"name":"Powers of Local Government","identifier":"II","label":"subtitle","depth":2,"order_by":1,"parent_id":12720,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":152369,"object_type":"structure","relational_id":12733,"identifier":"II","token":"15.2\/II","url":"\/15.2\/II\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12720,"edition_id":1,"name":"Counties, Cities and Towns","identifier":"15.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":151279,"object_type":"structure","relational_id":12720,"identifier":"15.2","token":"15.2","url":"\/15.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":78567,"structure_id":15707,"section_number":"15.2-2414","catch_line":"Definitions","url":"\/15.2-2414\/","token":"15.2\/II\/24.1\/15.2-2414","metadata":false},{"id":82733,"structure_id":15707,"section_number":"15.2-2415","catch_line":"Creation and management of the Urban Public-Private Partnership Redevelopment Fund","url":"\/15.2-2415\/","token":"15.2\/II\/24.1\/15.2-2415","metadata":false},{"id":60172,"structure_id":15707,"section_number":"15.2-2416","catch_line":"Audit","url":"\/15.2-2416\/","token":"15.2\/II\/24.1\/15.2-2416","metadata":false},{"id":64120,"structure_id":15707,"section_number":"15.2-2417","catch_line":"Grants and loans","url":"\/15.2-2417\/","token":"15.2\/II\/24.1\/15.2-2417","metadata":false},{"id":68574,"structure_id":15707,"section_number":"15.2-2418","catch_line":"Reports","url":"\/15.2-2418\/","token":"15.2\/II\/24.1\/15.2-2418","metadata":false}],"previous_section":{"id":78567,"structure_id":15707,"section_number":"15.2-2414","catch_line":"Definitions","url":"\/15.2-2414\/","token":"15.2\/II\/24.1\/15.2-2414","metadata":false},"next_section":{"id":60172,"structure_id":15707,"section_number":"15.2-2416","catch_line":"Audit","url":"\/15.2-2416\/","token":"15.2\/II\/24.1\/15.2-2416","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-2415\/","history_text":"

This law was first created in 2000. The record of its establishment is cataloged in chapter 757<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":false,"refers_to":false,"permalink":{"id":155765,"object_type":"law","relational_id":82733,"identifier":"15.2-2415","token":"15.2\/II\/24.1\/15.2-2415","url":"\/15.2-2415\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/15.2-2415\/","token":"15.2\/II\/24.1\/15.2-2415","dublin_core":{"Title":"Creation and management of the Urban Public-Private Partnership Redevelopment Fund","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-2415","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

There is hereby established in the state treasury a permanent and perpetual fund<\/span> to be known as the Urban Public-Private Partnership Redevelopment Fund<\/span>. The Fund<\/span> shall consist of sums appropriated to the Fund<\/span> by the General Assembly; sums which may be allocated to the Commonwealth for this purpose by the United States government; all interest earned on moneys in the Fund<\/span>; and any other sums designated for deposit to the Fund<\/span> from any source, public or private. The Fund<\/span> is created to address the serious problem of a lack of developable land in urban areas of the Commonwealth and the high cost of redeveloping such land. The Fund<\/span> shall make grants or loans to local governments<\/span> for assembling, planning, clearing, and remediating sites for the purpose of promoting such sites to private developers for redevelopment.\n\t\tThe Fund<\/span> shall be administered and managed by the Department<\/span> as prescribed in this chapter. The Department<\/span> may disburse from the Fund<\/span> reasonable costs and expenses incurred in administration and management of the Fund<\/span>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nCREATION AND MANAGEMENT OF THE URBAN PUBLIC-PRIVATE PARTNERSHIP REDEVELOPMENT\nFUND (\u00a7 15.2-2415)\n\nThere is hereby established in the state treasury a permanent and perpetual fund\nto be known as the Urban Public-Private Partnership Redevelopment Fund. The Fund\nshall consist of sums appropriated to the Fund by the General Assembly; sums\nwhich may be allocated to the Commonwealth for this purpose by the United States\ngovernment; all interest earned on moneys in the Fund; and any other sums\ndesignated for deposit to the Fund from any source, public or private. The Fund\nis created to address the serious problem of a lack of developable land in urban\nareas of the Commonwealth and the high cost of redeveloping such land. The Fund\nshall make grants or loans to local governments for assembling, planning,\nclearing, and remediating sites for the purpose of promoting such sites to\nprivate developers for redevelopment.\n\t\tThe Fund shall be administered and managed by the Department as prescribed in\nthis chapter. The Department may disburse from the Fund reasonable costs and\nexpenses incurred in administration and management of the Fund.\n\nHISTORY: 2000, c. 757.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}