Slutzky TDR Proposal Becomes State Law

The Board of Supervisors’ Rio District representative David Slutzky proposed allowing rural landowners to sell their unused development rights to growth-area landowners back in October, with the caveat that localities aren’t currently permitted to authorize that under state law. That changed with HB2503, introduced by Del. David Toscano. Gov. Tim Kaine just signed that bill into law, Jeremy Borden writes in the Progress, meaning that the path is now clear for transferrable development rights (TDR) in Albemarle and, in fact, throughout the state. It may not matter, though, since the BoS has thus far been entirely uninterested in the proposal.

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