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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

5/12/2015VHDA Launches New Programs – Spring 2015 eNews
4/9/2015VHDA Tax Credit Director Receives
3/20/2015Virginia Housing Policy Advisory Council Holds First Meeting
2/25/2015Southside Community Development and Housing Corp. y La Autoridad de Desarrollo de Vivienda de Virginia (VHDA) le están trayendo una clase en español para la Educación al Comprador de Casa por primera vez
1/8/2015VHDA Receives VCEE Community Partnership Award
12/9/2014Holiday Greetings, Online Resources & News
11/26/2014Top Producing Mortgage Loan Officers Recognized by VHDA
8/13/2014Clase de VHDA para la Educación al Comprador de Casa en Español
6/11/2014Letter from Executive Director
6/11/2014Board of Commissioners Update

News Clips

Mortgage News Daily , Wednesday, May 20, 2015
(RECAP: Earlier this week Freddie Mac asked if the housing market recovery could withstand a rate increase (the answer, with some qualification was yes). Now the economists at Wells Fargo are asking the same about household balance sheets. The banks Interest Rate Weekly concludes that should the Federal Reserve begin to increase rates as expected it will have a "muted" impact on households. Part of the balance sheet dynamic is a national shift to fixed rate mortgages.)
The Wall Street Journal , Wednesday, May 20, 2015
(RECAP: The White House has tapped Michael Stegman, a senior Treasury official, to coordinate housing policy across the Obama administration. Mr. Stegman will join the National Economic Council as its main housing adviser this week. Mr. Stegman joined Treasury four years ago and played a key role shaping policy on a range of housing issues, including efforts to broaden access to mortgage credit and to overhaul finance companies Fannie Mae and Freddie Mac. The personnel move suggests major policy shifts on housing aren’t likely in the final 19 months of the administration.)
RealEstateRama, Tuesday, May 19, 2015
(RECAP: The National Low Income Housing Coalition’s Out of Reach 2015 report reveals that the tightening rental market is making it increasingly difficult for low income renters to find decent, affordable apartments all across the country. The 2015 National Housing Wage is $19.35, meaning that someone working full-time, 40 hours a week, would need to earn $19.35 per hour in order to afford a modest two-bedroom rental unit while spending no more than 30% of household income on housing costs. Coalition concludes that the strongest solution to the affordable housing crisis is the National Housing Trust Fund.)
American Banker , Tuesday, May 19, 2015
(RECAP: Since it was unveiled a week ago, most of the focus in Senate Banking Committee Chairman Richard Shelby's draft of regulatory relief legislation has been on how it would ease the burden for small institutions and make changes to the Dodd-Frank Act. But lost in the discussion has been that the draft bill would also significantly revamp the housing finance system and make it easier for lawmakers eventually to wind down Fannie Mae and Freddie Mac. The bill would not eliminate the government-sponsored enterprises, but instead make several key alterations meant to reduce taxpayer risk posed by the federal conservatorship of the GSEs and enable private capital to play a bigger role in the mortgage market.)
Fairfax Connection , Tuesday, May 19, 2015
(RECAP: With an eye toward providing workforce housing in the local area, Fairfax County recently broke ground on a 270-unit apartment complex in Fair Oaks. VHDA Executive Director Susan Dewey said her organization’s sole mission is affordable housing, and she thanked everyone involved in this project “on behalf of the 270 families who’ll live here. It’s difficult to do affordable housing; it takes a long time and a lot of people to put it all together.” Thanking the supervisors and county staff for making sure the county has affordable housing, she said, “The tax credits amounted to $26 million of equity that made this project possible.”)

 

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