VA HB143

Requires the Virginia Housing Development Authority (VHDA) to assess surplus state property for affordable and middle-income housing feasibility within 180 days and solicit interest from eligible housing developers before public sale

Defines "affordable and middle-income housing" as housing for households earning up to 120% of area median income, or 150% in rural areas

Creates a 90-day exclusive listing period for certified housing developers to purchase surplus state property for affordable housing, with properties eligible to be sold below fair market value with Governor approval

Requires a recorded covenant ensuring affordable housing use for at least 30 years on any property transferred to eligible organizations under this program

Mandates localities maintain and publish online inventories of fee-simple properties suitable for affordable housing development and offer such surplus properties exclusively to housing developers for at least 90 days before other disposition