                                 CODE OF VIRGINIA

ADOPTION OF REDEVELOPMENT PLANS (§ 36-49)

A. An authority may adopt a redevelopment plan for a designated redevelopment
area to address blighted areas and in particular is specifically empowered to
carry out any work or undertaking in the redevelopment area, including any or
all of the following:

   1. Acquire blighted areas, which are hereby defined in &#xA7; 36-3;

   2. Acquire other real property for the purpose of removing, preventing, or
   reducing blight;

   3. Acquire real property where the condition of the title, the diverse
   ownership of the real property to be assembled, the street or lot layouts, or
   other conditions prevent a proper development of the property and where the
   acquisition of the area by the authority is necessary to carry out a
   redevelopment plan;

   4. Permit the preservation, repair, or restoration of buildings of historic
   interest; and to clear any areas acquired and install, construct, or
   reconstruct streets, utilities, and site improvements essential to the
   preparation of sites for uses in accordance with the redevelopment plan;

   5. Provide for the conservation of portions of the project area and the
   rehabilitation to project standards as stated in the redevelopment plan of
   buildings within the project area, where such rehabilitation is deemed by the
   authority to be feasible and consistent with project objectives;

   6. Make land so acquired available to nongovernmental persons or entities or
   public agencies (including sale, leasing, or retention by the authority
   itself) in accordance with the redevelopment plan;

   7. Assist the reconstruction of project areas by making loans or grants of
   funds received from any public or private source, for the purpose of
   facilitating the construction, reconstruction, rehabilitation or sale of
   housing or other improvements constructed or to be constructed on land
   situated within the boundaries of a redevelopment project;

   8. Acquire, construct or rehabilitate residential housing developments for
   occupancy by persons of low, moderate and middle income to be owned, operated,
   managed, leased, conveyed, mortgaged, encumbered or assigned by an authority.
   Income limits for such persons shall be determined for each redevelopment
   project by an authority by resolution adopted by a majority of its appointed
   commissioners, shall be adjusted for household size and may be revised as an
   authority deems appropriate. In connection with a residential housing
   development, an authority shall have all rights, powers and privileges granted
   by subdivision 4 of &#xA7; 36-19;

   9. Accomplish any combination of the foregoing to carry out a redevelopment
   plan; and

   10. Exercise such other powers as are authorized by law.

B. No redevelopment plan shall be effective until notice has been sent to the
property owner or owners of record in accordance with subsection B of &#xA7;
36-27 and the redevelopment plan has been approved by the local governing body.

HISTORY: 1946, p. 278; Michie Suppl. 1946, § 3145(8b); 1962, c. 336; 1972, cc.
466, 782; 1980, c. 133; 1988, cc. 572, 591; 2006, c. 784.