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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

HousingWire , Tuesday, May 26, 2015
(RECAP: Do the GSEs and Ginnie Mae need some changes? Perhaps. Should we endeavor to protect the taxpayer from the potential of future mortgage industry collapse and government bailouts? Of course. But before we throw the baby out with the bathwater, let’s take a moment to recognize that the overall benefit far outweighs the harm and risk we can experience with these entities. Unless we, as a nation, have turned our back on the American Dream and the ideal that most (if not all) Americans should have access to affordable homes, we need to maintain, in large part, the role of the GSEs and Ginnie in that dream.)
RealEstateRama, Tuesday, May 26, 2015
(RECAP: HUD announced today an agreement with Roanoke, Virginia-based Retirement Unlimited, Inc. resolving allegations of discrimination against residents with disabilities in two of the company’s rental properties. The settlement requires Retirement Unlimited to pay $169,500 in damages. The case came to HUD’s attention when two residents and Housing Opportunities Made Equal (HOME), a non-profit fair housing organization based in Richmond, Virginia, filed complaints.)
HousingWire , Friday, May 22, 2015
(RECAP: As predicted by many economists, the Federal Reserve is indeed considering raising the Federal Funds Rate later this year, Fed Chair Janet Yellen said Friday. The Fed is seeing widespread economic improvement and expects that improvement to continue. And if the economy improves as expected, she believes it will be “appropriate” for the Fed to raise the Federal Funds Rate this year, which in turn, would affect mortgage interest rates. Yellen said if and when the Fed raises rates, she expects the “pace of normalization” to be gradual.)
HousingWire , Thursday, May 21, 2015
(RECAP: The Senate Committee on Banking, Housing and Urban Affairs passed “The Financial Regulatory Improvement Act of 2015" on Thursday. This is a big deal for housing and mortgage finance. Among the most significant proposals in the 216-page draft bill is a requirement raising the SIFI bank threshold from $50 billion to $500 billion, altering the $10 billion threshold, and targeting specific GSE changes. This would, in effect, free smaller lenders from the heavy capital requirements and strict oversight currently enforced against the big banks.)
Bloomberg, Wednesday, May 20, 2015
(RECAP: A regulator’s decision to ease limits on Fannie Mae and Freddie Mac means the agencies may finance $15 billion more in apartment lending this year than initially expected, according to Walker & Dunlop Chief Executive Officer Willy Walker. “It’s game on,” Walker said regarding Fannie and Freddie’s presence in the market after backing off from deals in April. They could both finance $40 billion to $45 billion of multifamily loans. The figures are among the first estimates of how new definitions for exempted loans may translate into real dollars.)

 

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