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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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eNews and Press Releases

4/18/2016Free VHDA Homeownership Classes Set For Hampton Roads in May
4/18/2016Free VHDA Homeownership Classes Set For Northern Virginia in May
4/18/2016Free VHDA Homeownership Classes Set For Central Virginia in May
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

News Clips

NCSHA, Thursday, April 28, 2016
(RECAP: Homeownership is a dream that is out of reach for millions of Americans, with only 63.4 percent owning their homes, the lowest level in 30 years, according to the Census Bureau. Even as home sales have increased with interest rates near historic lows, first-time homebuyers are playing a relatively small part in the market. Along with tight lending standards, rising home prices – especially at the low end of the market – are shutting out many buyers. But, as a lender, I would point out that first-time homebuyers struggling to purchase have options. Among the most attractive are housing finance agencies (HFAs) – housing authorities established to help meet the needs of the residents of individual states, counties, and cities through a wide range of affordable housing and community development programs.)
The Mortgage Reports, Thursday, April 28, 2016
(RECAP: Younger adults are finding themselves moving to higher-priced housing markets to be closer to more employment options. The housing market has historically seen younger adults rent and wait to buy a house later in life. One of the biggest reasons they were waiting was that they found job security an integral part of their decision. This "job-centric" approach to home buying demonstrates this group's affinity for foresight and planning. Many recent graduates have high student loan payments and want to ensure stable and long-term employment is within reach.)
Martinsville Bulletin , Wednesday, April 27, 2016
(RECAP: Martinsville City Council aims to explore its options for helping the Community Development Corp. (CDC) of Martinsville-Henry County before it further considers granting the organization an exemption from having to pay real estate taxes. The council on Tuesday tabled the organization’s tax-exemption request. It plans to discuss the matter again during its May 10 meeting. The CDC is a charitable organization involved in efforts to revitalize the city’s largely minority west side. Its tax-exemption request was considered by a committee that included Commissioner of the Revenue Ruth Easley, before the request was presented to the council. If the request is granted, the city would lose about $721 in annual tax revenue it receives from two properties that the CDC owns, according to Easley.)
The News & Advance , Wednesday, April 27, 2016
(RECAP: The number of homeless people in the region has decreased by about 27 percent in the last year, according to preliminary numbers released this month by the agency tasked with leading the fight to end homelessness. In January the Central Virginia Continuum of Care counted a total of 174 individuals living in the area’s shelters or on the streets of Lynchburg and the counties of Amherst, Appomattox, Bedford and Campbell. The continuum, up to full staff for the first time since its creation in 2013 provides funding to non-profits to quickly re-house homeless individuals and families to minimize the trauma and dislocation; promotes access to and utilization of mainstream programs by homeless individuals and families; and helps homeless individuals and families achieve self-sufficiency through programming and financial supports.)
CNBC , Wednesday, April 27, 2016
(RECAP: Amid a moribund economy and reduced levels of consumer spending, the Fed on Wednesday again opted not to raise interest rates. "Economic activity appears to have slowed," the Federal Open Market Committee said in a statement released after its two-day meeting this week. "Growth in household spending has moderated, although households' real income has risen at a solid rate and consumer sentiment remains high." Prominently missing from the statement was a "balance of risks" assessment, a mainstay of Fed communiques in which the Fed described how conditions were shaping up compared to its expectations. Fed watchers have taken the absence of the language from the past two statements as indications that FOMC officials remain concerned about growth both domestically and internationally.)

 

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