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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

1/9/2014Virginia Leads the Southeast in Nationwide Ranking of Green Affordable Building
12/17/2013Letter from the Executive Director
12/17/2013Kit Hale Elected Chair of VHDA Board of Commissioners
12/17/2013Virginia Foreclosure Task Force Update
12/17/2013VHDA Applauds Homeless Reduction Grants Awarded by DHCD
12/17/2013VirginiaHousingSearch.com is Now an Enhanced Disaster Response Resource
12/17/2013VHDA Provides Financing for the First Residential Community of its Kind on the East Coast
12/17/2013VHDA Creates New Homeownership Compliance Department
12/17/2013VHDA Gets the Word Out About Tax Credits and Community Outreach
12/17/2013A Win-Win-Win Partnership

News Clips

The Street , Wednesday, April 23, 2014
(RECAP: Put another nail in the coffin of President Obama's efforts to wind down Fannie Mae and Freddie Mac. Housing numbers released by the U.S. Census Bureau Wednesday showed a 14.5% drop in new home sales in March, far more than analysts estimated. While some pointed to the cold winter, a more commonly cited culprit was higher prices. The number is just the latest in a string of discouraging housing data, and it comes less than a week before a scheduled vote on legislation introduced by Sens. Tim Johnson and Mike Crapo, aimed at winding down Fannie and Freddie.)
The Washington Post, Wednesday, April 23, 2014
(RECAP: Fannie Mae, in its National Housing Survey, asks Americans about “the best reason to buy a house,” giving them two options: “financial benefits” (like investment, wealth building, and tax benefits), or ”the broader security and lifestyle benefits of homeownership” (like providing a good and secure place for your family, control to make renovations, etc.) In the March survey, 43 percent of respondents choose the ”financial benefits,” while 55 percent chose “the broader security and lifestyle benefits.” So yes, the psychic benefits of ownership appear to be a bigger driver for buying a house than the financial ones.)
HousingWire, Tuesday, April 22, 2014
(RECAP: Speaking Tuesday at an event hosted by the Bipartisan Policy Center, HUD Secretary Shaun Donovan called on Congress to pass housing finance reform now. Donovan threw his and the administration’s support behind the GSE reform measure put forward by Chairman Tim Johnson and Sen. Mike Crapo of the Senate Committee on Banking, Housing and Urban Affairs. One key tenet of Johnson-Crapo is ensuring affordability and availability for those who are seeking to rent instead of buy. Donovan said it was critical to provide affordability across all segments immediately. “This is the worst rental affordability crisis this country has ever known,” he said.)
The Wall Street Journal , Tuesday, April 22, 2014
(RECAP: As U.S. lawmakers prepare to work on a bill next week that would overhaul the country’s housing-finance system, analysts say it’s becoming increasingly unlikely that the legislation will become law in 2014. The markup session for the housing-finance-reform bill, supported by bipartisan leadership of the Senate Banking Committee, is scheduled for April 29. But that date leaves Congress just about one month to approve the legislation before career-minded lawmakers turn their attention to election season, figures Edwin Groshans of Height Analytics, who thinks there’s a less-than-5% chance for passage in 2014.)
Washington Business Journal, Tuesday, April 22, 2014
(RECAP: A bid to redevelop the 225-acre Chantilly Crushed Stone quarry, located less than a mile from a planned Metro station, into a mixed-use community anchored by a 54-acre lake, thousands of residences and 4 million square feet of nonresidential uses has run into a massive obstacle: Loudoun's land use policies simply do not appear to allow such a project. So say Loudoun County planners, who have concluded in official documents that "county policies preclude residential development on the subject site and limit the amount of mixed-use development. Therefore staff recommends denial of the application.")

 

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