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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

6/13/2016Governor McAuliffe Recognizes Virginia Homeownership Month
5/18/2016Clase de VHDA Para compradores de vivienda de primera vez en español.
5/18/2016VHDA Homeownership Education Class Offered in Spanish
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

News Clips

The Washington Post, Wednesday, July 27, 2016
(RECAP: Construction has started on Columbia Hills Apartments, one of the first projects to be developed on Arlington County’s Columbia Pike Neighborhoods Plan, which has a goal of preserving 3,000 affordable homes along Columbia Pike. The Arlington Partnership for Affordable Housing (APAH) development will include 229 units, all affordable to low-income households earning 60 percent of area median income (AMI). The AMI is $109,200 for a family of four, which means the household would qualify with an income of $65,520 or less. Ten of the units will be reserved for households below 40 percent AMI, and 39 units will be reserved for households earning below 50 percent AMI. The $91 million project is funded by federal low-income-housing tax credits, the Arlington County Affordable Housing Investment Fund, the Federal Home Loan Bank of Atlanta and the Virginia Housing Trust Fund.)
Arlington Connection , Tuesday, July 26, 2016
(RECAP: The long struggle against declining affordable housing in Arlington just received a boost. The expansion of the South Rhodes Street project near Columbia Pike will include 105 new committed affordable housing units. More than half of those units will be multi-bedroom apartments. At the July 20 County Board meeting, board members praised the new affordable housing and unanimously approved the project. To many on the County Board, the project’s emphasis on affordable housing merited the reduction in the parking requirement and the potential traffic increase. “To me, this is...designed to maximize our ability to achieve the goal, a goal that no one in the country has tried to adopt: no net loss of affordable housing in this corridor,” said County Board Member Jay Fisette. “Looks like we’ve taken a very important step to accomplishing the goals of that plan.”)
The Virginia Gazette, Tuesday, July 26, 2016
(RECAP: About two years ago, Doug Pons, knew he needed to find another way to use his Quarterpath Inn/Knights Inn property on York Street. Pons proposed to City Council a plan to turn about half of the motel into affordable apartment units. That would address not only his situation, but the city's need for affordable housing. Pons, a second- generation hotelier, said Tuesday that with 32 of the 47 units that the city authorized him to turn into apartments online, the venture seems to be working for everyone.)
CNBC, Tuesday, July 26, 2016
(RECAP: Respondents to the CNBC July Fed Survey now forecast just one rate hike this year, down from a 1.5 average in the June survey and nearly three rate hikes expected at the beginning of 2016.The doves have taken flight on Wall Street with expectations for continued easy monetary policy from the Federal Reserve soaring to new heights. The next hike, according to the 43 respondents, won't come until December, three months later than the previous forecast. The outlook for the Fed funds rate fell to just 60 basis points this year, 1.2 percent next year and 2.4 percent long term. The survey was conducted on Thursday and Friday.)
HousingWire , Tuesday, July 26, 2016
(RECAP: Even though the mortgage industry is finally stepping up and answering the call for more technology innovation in the space, a new survey from Fannie Mae on the pulse of the industry shows its not even close to where it needs to be on the tech side. On the positive side is the motivation is definitely there, but will it take a game-changer like Uber to get there?)

 

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