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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

6/11/2014Letter from Executive Director
6/11/2014Board of Commissioners Update
6/11/2014New Secretary of Commerce and Trade
6/11/2014Tax Credits Fund New Life for Old Hotel
6/11/2014HUD Guidelines Have Changed
6/11/2014Reaching Out to Hispanic Homebuyers
6/11/2014NOVA Housing Expo
6/11/2014Annual Charity Golf Tournament
6/11/2014Associate Updates
6/11/2014VirginiaHousingSearch.com Tops 100,000

News Clips

USA Today, Tuesday, July 29, 2014
(RECAP: The number of big real estate companies involved in renting single-family residences is growing. New York-based financial services Blackstone Group L.P. is now the largest landlord of single-family homes, having spent roughly $8 billion over the last two years buying 43,000 homes. California-based American Homes 4 Rent, the second largest such firm, started in 2012 and now owns more than 25,000 homes in 22 states. Plummeting home prices in recent years opened the door to the investment opportunity, said Dave Bragg, managing director of the residential research team at Green Street Advisors. Meanwhile, the armies of homeowners who saw their residences foreclosed still needed housing.)
PD&R Edge , Monday, July 28, 2014
(RECAP: In March 2012, the city of Charlottesville, Virginia saw the completion of its first permanent supportive housing complex, The Crossings at Fourth and Preston. The 60-unit building provides housing for people experiencing homelessness and those earning less than 50 percent of the area median income. The development has adopted the Housing First model, in which people experiencing homelessness are provided with a stable place to stay before being connected to employment and health services. The cost of the development was slightly more than $7 million, with most of the funding coming from $4.25 million in low-income housing tax credits. The other major sources of funding were loans from VHDA, DHCD and the Federal Home Loan Bank of Atlanta.)
The Washington Post , Thursday, July 24, 2014
(RECAP: After months of debate, a proposal to create more affordable housing for low-income residents and young professionals in Fairfax County is expected to be shelved. A Planning Commission committee agreed Thursday evening to recommend that the Fairfax Board of Supervisors table the “Residential Studio Unit” proposal after a staff report said there wasn’t enough community consensus for the plan, despite 15 meetings with neighborhood and business groups, nine committee hearings and two public workshops.)
HousingWire, Friday, July 25, 2014
(RECAP: Two analysts at Bank of America Merrill Lynch are celebrating the 4-year anniversary of Dodd-Frank, the financial reform law, by calling it “persistent financial repression.” Analysts Chris Flanagan and Adam Katz joined a chorus of voices using the birthday opportunity to express displeasure of the legislation and disdain in the inability to effect more meaningful reform — that is one that promotes more responsible mortgage lending.)
DS News, Sunday, July 27, 2014
(RECAP: Credit standards at large lenders appear to be loosening somewhat, while criteria at small and mid-sized lenders appear to be tightening, according to a new survey from Fannie Mae. Fannie Mae surveyed executives at its lending customers during the first two quarters of this year for its first ever Mortgage Lender Sentiment Survey. Lenders that reported tightening credit standards most often stated "changing regulatory requirements" as the rationale for their stricter standards.)

 

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