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Committee advances ordinance to transfer $5.8 million for restitution payments; debate centers on Affordable Housing Trust Fund uses

5707457 · September 2, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Organizational Development Standing Committee voted Aug. 25 to forward Ordinance 2025‑188 — which would transfer $5.8 million from the delinquent tax sale special fund to a new general‑fund line item for restitution payments under Va. Code §8.01‑195.13 — to full council with a recommendation to approve after a public hearing and extended debate over whether those funds should be allocated to the Affordable Housing Trust Fund.

The Organizational Development Standing Committee on Aug. 25 voted to forward Ordinance 2025‑188 to the full Richmond City Council with a recommendation to approve, after a public hearing and extended debate among council members over the ordinance's source of funds and implications for the Affordable Housing Trust Fund.

Ordinance 2025‑188, as read into the record, would amend the FY‑26 special fund budget to transfer $5,800,000 from the Delinquent Tax Sale Special Fund and amend the FY‑26 general fund budget by creating a new line item for "restitution payments" and appropriating the transferred funds "for the purpose of providing funding for a restitution payment pursuant to Virginia Code section 8.01‑195.13." The ordinance was introduced at committee and a public hearing was held; a single speaker, Steve Salzberg of the First District, urged the council to follow the law governing delinquent tax sale proceeds and affordable housing.

Council discussion focused on two issues: the need to make the restitution payment and…

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