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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

8/17/2015A Good Summer for Housing – VHDA eNews
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

News Clips

CNBC , Wednesday, September 02, 2015
(RECAP: The ongoing currency wars are one reason that we think the Federal Reserve will either defer interest-rate hikes until next year or make one small, symbolic raise and then pause. Why? Because the mere anticipation of Fed interest-rate hikes caused the dollar to surge as much as 25 percent against a basket of foreign currencies from mid-2014 through March 2015. The Fed must also consider the ramification of its actions on the global economy, particularly within the more-volatile emerging markets. Leaders in emerging-market countries have been lobbying the Fed to stand pat for now, rather than begin the tightening process.)
Alexandria Gazette Packet , Monday, August 31, 2015
(RECAP: Alexandria’s Old Town, with the shops along King Street and the historic Waterfront, is the most iconic neighborhood in the city. However, as the city moves forward with development plans that will reshape the waterfront, the last year in Old Town has been defined largely by a deep conflict between many residents of the historic district and local government. The conflict between new development and old residences isn’t isolated to the King Street area of Old Town. Tom Soapes, president of the North Old Town Independent Citizens’ Association, said that redevelopment is the biggest issue facing his neighborhood as well.)
JDSupra Business Advisor , Wednesday, September 02, 2015
(RECAP: Mortgage loan originations for borrowers with credit scores below 660 have remained below $150 billion a year since 2010, after peaking at $650 billion in 2006. Faced with this lower number of originations, the FHA stepped in earlier this month to encourage lenders to consider borrowers with lower credit scores with recently made enhancements to the Neighborhood Watch System. (Neighborhood Watch is a web-based application that allows FHA employees, lenders, and the public to monitor the performance of FHA-insured mortgage loans.) Because lenders can now evaluate loan performance using different credit factors, they may be more able to identify lower score borrowers who are otherwise acceptable credit risks.)
Inside NOVA, Wednesday, September 02, 2015
(RECAP: Editor: I have been reading articles and letters in the Sun Gazette from Arlingtonians who don’t want any (or any more) affordable housing in their neighborhoods, and want to stop the new county government’s proposed affordable-housing plan. I am a 79-year-old single woman, with a master’s degree but no pension, who lives in a committed-affordable apartment, and is so grateful that the people in this neighborhood didn’t prevent my building from being built. I ask those folks who have said they don’t want me next door to reconsider. I believe they would find me and the other low-income residents to be good neighbors.)
NASDAQ, Tuesday, September 01, 2015
(RECAP: The government is trying to coax banks back to making mortgage loans to risky borrowers, after a string of expensive disputes over a federal loan program led some banks to conclude it wasn't worth the headaches. At issue are loans backed by the FHA, a government agency that insures lenders against default when they extend mortgages to qualified buyers with credit scores of as low as 580 and down payments as low as 3.5%. FHA lending has grown quickly this year, but suits brought by the Justice Department claiming mistakes in documentation by banks underwriting the loans have piled up as well. On Tuesday, the FHA tried to ease the friction by proposing new documents for certifying loans.)

 

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