{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/36-21.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/36-21.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/36-21.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/36-21.html"}],"law_id":62931,"edition_id":1,"section_id":62931,"structure_id":14045,"section_number":"36-21","catch_line":"Housing projects not to be operated for profit","history":"1938, p. 452; Michie Code 1942, \u00a7 3145(9); 1975, c. 78.","full_text":"It is hereby declared to be the policy of this Commonwealth that each housing authority shall manage and operate its housing projects in an efficient manner so as to enable it to fix the rentals for dwelling accommodations at the lowest possible rates consistent with such authority providing decent, safe and sanitary dwelling accommodations, and that no housing authority shall construct or operate any such project for profit, or as a source of revenue to the city or the county. To this end an authority shall fix the rentals for dwellings in its projects at no higher rates than it shall find to be necessary in order to produce revenues which (together with all other available moneys, revenues, income and receipts of the authority from whatever sources derived) will be sufficient (a) to meet the cost of, and to provide for, maintaining and operating the projects (including the cost of any insurance) and the administrative expenses of the authority; (b) to pay, as the same become due, the principal and interest on the bonds of the authority; (c) to provide a margin of safety for making such payments of principal and interest; and (d) to create and maintain a reserve sufficient to ensure the authority can pay the principal of and the interest on the bonds of the authority as the same shall come due.","order_by":null,"text":{"0":{"id":229540,"text":"It is hereby declared to be the policy of this Commonwealth that each housing authority shall manage and operate its housing projects in an efficient manner so as to enable it to fix the rentals for dwelling accommodations at the lowest possible rates consistent with such authority providing decent, safe and sanitary dwelling accommodations, and that no housing authority shall construct or operate any such project for profit, or as a source of revenue to the city or the county. To this end an authority shall fix the rentals for dwellings in its projects at no higher rates than it shall find to be necessary in order to produce revenues which (together with all other available moneys, revenues, income and receipts of the authority from whatever sources derived) will be sufficient (a) to meet the cost of, and to provide for, maintaining and operating the projects (including the cost of any insurance) and the administrative expenses of the authority; (b) to pay, as the same become due, the principal and interest on the bonds of the authority; (c) to provide a margin of safety for making such payments of principal and interest; and (d) to create and maintain a reserve sufficient to ensure the authority can pay the principal of and the interest on the bonds of the authority as the same shall come due.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14045,"edition_id":1,"name":"General Powers of Authority","identifier":"3","label":"article","depth":3,"order_by":1,"parent_id":13338,"metadata":{},"date_created":"2026-06-26 03:46:41","date_modified":"2026-06-26 03:46:41","permalink":{"id":208365,"object_type":"structure","relational_id":14045,"identifier":"3","token":"36\/1\/3","url":"\/36\/1\/3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13338,"edition_id":1,"name":"Housing Authorities Law","identifier":"1","label":"chapter","depth":2,"order_by":1,"parent_id":12779,"metadata":{},"date_created":"2026-06-26 03:44:40","date_modified":"2026-06-26 03:44:40","permalink":{"id":208259,"object_type":"structure","relational_id":13338,"identifier":"1","token":"36\/1","url":"\/36\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12779,"edition_id":1,"name":"Housing","identifier":"36","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:52","date_modified":"2026-06-26 03:43:52","permalink":{"id":208257,"object_type":"structure","relational_id":12779,"identifier":"36","token":"36","url":"\/36\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":83308,"structure_id":14045,"section_number":"36-19","catch_line":"Enumeration of powers","url":"\/36-19\/","token":"36\/1\/3\/36-19","metadata":false},{"id":83656,"structure_id":14045,"section_number":"36-19.1","catch_line":"Special provisions; City of Roanoke","url":"\/36-19.1\/","token":"36\/1\/3\/36-19.1","metadata":false},{"id":63009,"structure_id":14045,"section_number":"36-19.2","catch_line":"Powers limited by necessity for authority from or approval by governing body; public hearing on proposed budget","url":"\/36-19.2\/","token":"36\/1\/3\/36-19.2","metadata":false},{"id":74193,"structure_id":14045,"section_number":"36-19.3","catch_line":"Repealed","url":"\/36-19.3\/","token":"36\/1\/3\/36-19.3","metadata":false},{"id":60046,"structure_id":14045,"section_number":"36-19.4","catch_line":"Referendum prior to making cooperation agreements for public housing projects in the City of Portsmouth","url":"\/36-19.4\/","token":"36\/1\/3\/36-19.4","metadata":false},{"id":74242,"structure_id":14045,"section_number":"36-19.5","catch_line":"Additional powers","url":"\/36-19.5\/","token":"36\/1\/3\/36-19.5","metadata":false},{"id":60448,"structure_id":14045,"section_number":"36-20","catch_line":"Housing research and studies","url":"\/36-20\/","token":"36\/1\/3\/36-20","metadata":false},{"id":62931,"structure_id":14045,"section_number":"36-21","catch_line":"Housing projects not to be operated for profit","url":"\/36-21\/","token":"36\/1\/3\/36-21","metadata":false},{"id":80328,"structure_id":14045,"section_number":"36-22","catch_line":"Rentals and tenant selection","url":"\/36-22\/","token":"36\/1\/3\/36-22","metadata":false},{"id":87386,"structure_id":14045,"section_number":"36-22.1","catch_line":"Conveyance of streets; no trespass policy","url":"\/36-22.1\/","token":"36\/1\/3\/36-22.1","metadata":false},{"id":70663,"structure_id":14045,"section_number":"36-23","catch_line":"Housing authority operations in other municipalities","url":"\/36-23\/","token":"36\/1\/3\/36-23","metadata":false},{"id":55139,"structure_id":14045,"section_number":"36-24","catch_line":"Cooperation of authorities","url":"\/36-24\/","token":"36\/1\/3\/36-24","metadata":false},{"id":67398,"structure_id":14045,"section_number":"36-25","catch_line":"Payments by housing authorities to other bodies","url":"\/36-25\/","token":"36\/1\/3\/36-25","metadata":false},{"id":74197,"structure_id":14045,"section_number":"36-26","catch_line":"Aid from federal government","url":"\/36-26\/","token":"36\/1\/3\/36-26","metadata":false},{"id":87214,"structure_id":14045,"section_number":"36-27","catch_line":"Eminent domain","url":"\/36-27\/","token":"36\/1\/3\/36-27","metadata":false},{"id":69973,"structure_id":14045,"section_number":"36-27.01","catch_line":"Plan for alternative housing of persons displaced by condemnation, conversion, etc","url":"\/36-27.01\/","token":"36\/1\/3\/36-27.01","metadata":false},{"id":56001,"structure_id":14045,"section_number":"36-27.1","catch_line":"Damages to leasehold interests in the City of Waynesboro","url":"\/36-27.1\/","token":"36\/1\/3\/36-27.1","metadata":false},{"id":76094,"structure_id":14045,"section_number":"36-27.2","catch_line":"Limitations on certain housing authorities; exception","url":"\/36-27.2\/","token":"36\/1\/3\/36-27.2","metadata":false},{"id":55897,"structure_id":14045,"section_number":"36-28","catch_line":"Planning, zoning and building laws","url":"\/36-28\/","token":"36\/1\/3\/36-28","metadata":false}],"previous_section":{"id":60448,"structure_id":14045,"section_number":"36-20","catch_line":"Housing research and studies","url":"\/36-20\/","token":"36\/1\/3\/36-20","metadata":false},"next_section":{"id":80328,"structure_id":14045,"section_number":"36-22","catch_line":"Rentals and tenant selection","url":"\/36-22\/","token":"36\/1\/3\/36-22","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/36-21\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 1975, chapter 78.<\/p>","references":[{"id":80328,"section_number":"36-22","catch_line":"Rentals and tenant selection","order_by":null,"url":"\/36-22\/"},{"id":83045,"section_number":"36-50","catch_line":"Extension of general powers for actions taken pursuant to a redevelopment plan","order_by":null,"url":"\/36-50\/"}],"refers_to":false,"permalink":{"id":208395,"object_type":"law","relational_id":62931,"identifier":"36-21","token":"36\/1\/3\/36-21","url":"\/36-21\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/36-21\/","token":"36\/1\/3\/36-21","dublin_core":{"Title":"Housing projects not to be operated for profit","Type":"Text","Format":"text\/html","Identifier":"\u00a7 36-21","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

It is hereby declared to be the policy of this Commonwealth that each housing authority<\/span> shall manage and operate its housing projects<\/span> in an efficient manner so as to enable it to fix the rentals for dwelling accommodations at the lowest possible rates consistent with such authority providing decent, safe and sanitary dwelling accommodations, and that no housing authority<\/span> shall construct or operate any such project for profit, or as a source of revenue to the city<\/span> or the county<\/span>. To this end an authority shall fix the rentals for dwellings in its projects at no higher rates than it shall find to be necessary in order<\/span> to produce revenues which (together with all other available moneys, revenues, income and receipts of the authority from whatever sources derived) will be sufficient (a) to meet the cost of, and to provide for, maintaining and operating the projects (including the cost of any insurance) and the administrative expenses of the authority; (b) to pay, as the same become due, the principal and interest on the bonds<\/span><\/span> of the authority; (c) to provide a margin of safety for making such payments of principal and interest; and (d) to create and maintain a reserve sufficient to ensure the authority can pay the principal of and the interest on the bonds<\/span><\/span> of the authority as the same shall come due.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nHOUSING PROJECTS NOT TO BE OPERATED FOR PROFIT (\u00a7 36-21)\n\nIt is hereby declared to be the policy of this Commonwealth that each housing\nauthority shall manage and operate its housing projects in an efficient manner\nso as to enable it to fix the rentals for dwelling accommodations at the lowest\npossible rates consistent with such authority providing decent, safe and\nsanitary dwelling accommodations, and that no housing authority shall construct\nor operate any such project for profit, or as a source of revenue to the city or\nthe county. To this end an authority shall fix the rentals for dwellings in its\nprojects at no higher rates than it shall find to be necessary in order to\nproduce revenues which (together with all other available moneys, revenues,\nincome and receipts of the authority from whatever sources derived) will be\nsufficient (a) to meet the cost of, and to provide for, maintaining and\noperating the projects (including the cost of any insurance) and the\nadministrative expenses of the authority; (b) to pay, as the same become due,\nthe principal and interest on the bonds of the authority; (c) to provide a\nmargin of safety for making such payments of principal and interest; and (d) to\ncreate and maintain a reserve sufficient to ensure the authority can pay the\nprincipal of and the interest on the bonds of the authority as the same shall\ncome due.\n\nHISTORY: 1938, p. 452; Michie Code 1942, \u00a7 3145(9); 1975, c. 78.","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}}