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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

Martinsville Bulletin , Thursday, July 30, 2015
(RECAP: The redeveloped former Henry Hotel is comparable to an iceberg in terms of what people can see, according to Martinsville City Manager Leon Towarnicki. The visible part of an iceberg is just a small part of it, Towarnicki said during Wednesday’s grand opening of the building, now known as The Henry. Most of the iceberg is below the water line and cannot be seen. "It’s the same as this project," he said. "What you see today is the finished product, the part that’s visible above the water line. What you don’t see … is all of what had to happen to get to this point." Waukeshaw Development Inc. has spent about $3.2 million to turn the four-story building in uptown Martinsville into 25 apartments and four commercial units.)
Alexandria Gazette Packet , Thursday, July 30, 2015
(RECAP: While the city prepares to gain a little over 100 affordable housing units at Potomac Yard and The Filmore, one of the city’s bastions of affordable housing is in the process of pricing out residents, formerly protected by a rent freeze, who can’t keep up with rapidly rising rent costs.)
Arlington Patch , Wednesday, July 29, 2015
(RECAP: Since it was built in the 1960s, Seven Corners has been defined by a shopping center at the heart of a spaghetti-like intersection of roads. Today, the area is better known for its big-box retailers and auto-oriented stores, lack of sidewalks and severe traffic congestion. However, the Fairfax County Board of Supervisors approved a plan on Tuesday to transform the area. The new vision calls for remaking it into a walkable, mixed use urban town center. The plan allows for up to 5,000 new dwellings. Notably, it calls for a one-to-one replacement of 589 affordable units at 60 percent or less of the area median income at the Seven Corners Apartments and the East Falls Church Apartments, as well as the creation of new affordable housing with other redevelopment.)
The Washington Post , Wednesday, July 29, 2015
(RECAP: The city of Alexandria found another $1.255 million for its affordable-housing fund by refinancing taxable bonds at a lower interest rate. The refinancing dropped the rate on the $10 million in taxable bonds to 2.511 percent, providing the windfall, which will be spread over the next 13 years. The city currently budgets $9.7 million annually from federal, state and local funds for affordable housing.)
RealEstateRama, Wednesday, July 29, 2015
(RECAP: The Government Accountability Office (GAO) released a report on July 23 recommending that HUD and the IRS jointly oversee the Low-Income Housing Tax Credit program. The recommendation came as GAO criticized the IRS’ lack of oversight. This includes the fact that the IRS has only conducted seven audits of the 56 state housing finances agencies that administer the program. Importantly, the GAO found no problems with the LIHTC. The GAO’s recommendation is unlikely to gain traction on Capitol Hill. That’s because lawmakers are more focused on other associated priorities right now like extension of the minimum 9 percent LIHTC.)

 

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