Va Code 15.2-958.2, 15.2-720.1 and proposed 15.2-542

Current Va Code section that applies to all localities:

15.2-958.2. Grants for home ownership.

In order to ensure its competitiveness as an employer, a locality may, by ordinance, provide for the use of funds, other than state funds, to provide home-ownership grants to employees of the locality, employees of the school board and employees of constitutional officers, to purchase their primary residences in the locality. The ordinance shall require that each grant be approved by the local governing body by ordinance advertised on its regular agenda and that individual grants not exceed $5,000 per employee, nor lifetime cumulative grants exceed $5,000 per employee. The ordinance may establish such other terms and conditions to ensure the integrity of the home-ownership grant program.

Current Code that applies to County Manager form of government:

15.2-720.1. Employee benefits; residence in county.

Notwithstanding any other provision of law, the county board, in order to ensure its competitiveness as an employer, may by ordinance provide for the use of funds, other than state funds, to provide grants for county and school board employees, as well as employees of local constitutional officers, to purchase or rent residences, for use as the employee's principal residence, within the county

Proposed Legislation that would apply to County Executive form of government:

15.2-542. Employee benefits; residence in county.

 

Notwithstanding any other provision of law, the county board, in order to ensure its competitiveness as an employer, may by ordinance provide for the use of funds, other than state funds, to provide grants, loans and other assistance for county and school board employees, as well as employees of local constitutional officers, to purchase or rent residences, for use as the employee's principal residence, within the county.

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