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Sign up today to receive VHDA's eNews. We send our newsletter about six times per year, plus occasional updates on events impacting the affordable housing industry in Virginia. You can also read past editions.

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Members of the news media: You are invited to get in touch with our public relations manager using the contact information in the sidebar of this page. (If you are on a deadline, please contact us by phone).



eNews and Press Releases

1/15/2016Free VHDA Homeownership Classes Set For Northern Virginia in February
1/14/2016Free VHDA Homeownership Classes Set For Hampton Roads in February
1/13/2016Free VHDA Homeownership Classes Set For Central Virginia in February
12/28/2015Free VHDA Homeownership Classes Set For Hampton Roads In January
12/28/2015Free VHDA Homeownership Classes Set For Richmond Area In January
12/18/2015Free VHDA Homeownership Classes Set For Northern Virginia In January
12/17/2015Holiday Greetings & News from VHDA - Dec. 2015 eNews
10/22/2015Top Producing Mortgage Loan Officers Recognized by VHDA
10/20/2015Fall Update - VHDA eNews
9/18/2015VHDA Offers Mortgage Credit Certificate Program to Help First-Time Homebuyers

News Clips

Danville Register & Bee, Thursday, February 04, 2016
(RECAP: Several bills authored by Del. Danny Marshall, R-Danville — which could bring jobs and remove blight in the Dan River Region — have support during the 2016 regular session of the Virginia General Assembly, the legislator said Thursday. A bill allowing the creation of a land bank entity by Virginia localities recently passed its subcommittee 7-0, Marshall said. The bill would allow places like Danville to hold auctions for city-owned properties to interested buyers, converting old properties and reducing blight around the city. The bill will face the Counties, Cities and Towns Committee on Friday and go before the entire House of Delegates sometime next week.)
Bloomberg, Friday, February 05, 2016
(RECAP: Renters gaining confidence about the economy -- those buying their first home, and people who are looking for a second chance -- are jumping into the property market. Many are compensating for soaring starter-home prices with FHA loans that became cheaper after insurance premiums were cut last year. And they’re giving a lift to the U.S. homeownership rate, which rose in the second half of 2015 after steadily declining for almost two years. FHA-insured mortgages, used mostly by first-time buyers, nonetheless accounted for 22 percent of all loan originations in December, up from 17 percent a year earlier, according to data compiled by Ellie Mae Inc.)
Affordable Housing Finance, Thursday, February 04, 2016
(RECAP: Nearly every state housing finance agency (HFA) promotes some sort of supportive housing development through the low-income housing tax credit (LIHTC) program, according to a new report from the Corporation for Supportive Housing. CSH builds on its assessment of the agencies’ 2014 qualified allocation plan (QAP) policies with its Housing Credit Policies in 2015 that Promote Supportive Housing report. The new report highlights significant changes in last year’s QAPS that aid supportive housing development. According to the report, 55 of the 56 agencies responsible for awarding LIHTCs provide potential scoring advantages for supportive housing, with Virginia one of 19 HFAs implementing new policies or substantially revised policies to encourage supportive housing development last year.)
Charlottesville Tomorrow, Wednesday, February 03, 2016
(RECAP: A shortage of housing options for well-off families in the city of Charlottesville has reduced the supply of homes for people with moderate incomes, according to a report from a national real estate firm. The city commissioned RCLCO to perform an analysis of the housing market in order to in-form possible policy changes. The estimated annual area median income is $84,100 for a family of four. “The average new home in the city is about $450,000 and that’s only affordable to households above 120 percent of the area median income,” Lee Sobel, of RCLCO, told City Council on Monday.)
Virginia Business , Wednesday, February 03, 2016
(RECAP: S. L. Nusbaum Realty Co. announced a $25 million, 128-unit affordable housing apartment project Wednesday that will be located in Fredericksburg. Hamptons at Noble LP, affiliates of Norfolk-based S.L. Nusbaum Realty Co., bought an 11-acre parcel on Noble Way from Noble Auto Park LLC for the project, which will be known as the Valor Apartment Homes and have one-, two- and three-bedroom floor plans. The community also has been designed with energy efficient features, to help lower utility expenses for residents. S.L. Nusbaum Realty Co. said it worked with VHDA, Wells Fargo and TowneBank to secure financing on the project.)

 

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