                                 CODE OF VIRGINIA

DEFINITIONS (§ 36-141)

As used in this chapter, unless the context requires a different meaning:
		&#8220;Board&#8221; means the Board of Housing and Community Development.
		&#8220;Department&#8221; means the Department of Housing and Community
Development.
		&#8220;Fund&#8221; means the Virginia Housing Trust Fund created by this
chapter.
		&#8220;HDA&#8221; means the Virginia Housing Development Authority created in
Chapter 1.2 (§ 36-55.24 et seq.).
		&#8220;Housing development&#8221; or &#8220;housing project&#8221; means any
work or undertaking, whether new construction or rehabilitation, which is
designed and financed pursuant to the provisions of this chapter for the primary
purpose of providing affordable sanitary, decent and safe dwelling
accommodations for persons and families of low or moderate income in need of
housing; such work or undertaking may include any buildings, land, equipment,
facilities, or other real or personal properties which are necessary,
convenient, or desirable appurtenances, including but not limited to streets,
sewers, utilities, parks, site preparation, landscaping, and such offices, and
other nonhousing facilities incidental to such development or project such as
administrative, community, health, educational and recreational facilities as
the Department of Housing and Community Development determines to be necessary.
&#8220;Low and moderate income&#8221; shall be defined in the program guidelines
developed by the Department of Housing and Community Development.
		&#8220;Housing sponsor&#8221; means individuals, joint ventures, partnerships,
limited partnerships, public bodies, trusts, firms, associations, or other legal
entities or any combination thereof, corporations, cooperatives and
condominiums, approved by the Department of Housing and Community Development as
qualified either to own, construct, acquire, rehabilitate, operate, manage or
maintain a housing development, whether nonprofit or organized for limited
profit subject to the regulatory powers of the Department of Housing and
Community Development and other terms and conditions set forth in this chapter.
		&#8220;Residential housing&#8221; means a specific work or improvement within
this Commonwealth, whether multi-family residential housing or single-family
residential housing undertaken primarily to provide dwelling accommodations,
including the acquisition, construction, rehabilitation, preservation or
improvement of land, buildings and improvements thereto, for residential
housing, and such other nonhousing facilities as may be incidental, related, or
appurtenant thereto.

HISTORY: 1988, c. 687; 2013, c. 754.