Virginia Housing Coalition

Virginia Housing Coalition News Clips

The Virginia Housing Coalition and the VHC Information Service would like to extend a special thank you to the VHDA for sharing their news clipping service.

To view headlines and summaries of recent news articles related to housing, with links to the full article, simply click on the appropriate link below.

 

VHC News Clips, volume 2009-24 (December 17, 2009)

 

Fairfax Removes 72 Ineligible Families from Affordable Housing Programs
The Washington Post, December 15
(RECAP: Fairfax County has removed 72 families from subsidized affordable housing programs between April and September because they made too much money to be eligible, according to findings presented Tuesday by county auditors.)

Alexandria Announces First Neighborhood Stabilization Program
Examiner.com, December 14
(RECAP: The city of Alexandria , Rebuilding Together Alexandria, and the Alexandria Housing Development Corporation (AHDC), announced today that they will hold a ribbon cutting ceremony on Wednesday, December 16, to celebrate completion of the city's first Neighborhood Stabilization Program (NSP) project.)

Donated Space Breathes Life into Nonprofit Organizations
Richmond Times-Dispatch, December 14
(RECAP: At a time of economic stress when every dollar is precious, one donation that may not cost a thing is space. For nonprofit organizations that receive a gift of space, the donation can be as precious as money.)

Town in Real Estate
StarExponent.com, December 14
(RECAP: A few days after Christmas, and for the first time ever, the town of Culpeper is set to finalize its purchase of a foreclosed house on Virginia Avenue using federal recovery funds approved last year by Congress.)

'Health Houses' to Allow Chronically Ill to Live Alone
Staunton News Leader, December 14
(RECAP: Groundbreaking ceremonies Tuesday will mark the launch of a unique project that exemplifies how new technologies are being used to address a key health care reform issue: the multi-billion dollar cost of repeatedly hospitalizing patients with chronic conditions such as diabetes, high blood pressure, heart failure, asthma and lung disease.)

Habitat, UVa's ecoMOD Unveil Green Home
Daily Progress, December 13
(RECAP: After waiting for years, Nasima Andesha has received the keys to an Elliott Avenue home that is the first of its kind in Charlottesville .)

Looking in the Rear View Mirror: Eight Factors Causing the Housing Crisis and Economic Meltdown
The Huffington Post, December 13
(RECAP: Greed, Quest for Yield, Failure of Rating Agencies, Rising Housing Price Expectations, 'Pulse and Pen Lending, Excessive Leverage, Derivatives, 'Holy Alliance turned 'Unholy' are the key elements that led to the housing crisis and subsequent economic meltdown.)

Interest in Lynchburg Redevelopment Projects Renewed
Lynchburg News & Advance, December 13
(RECAP: Lynchburg saw renewed interest last week in two major redevelopment projects that were stalled earlier this year after failing to win federal tax credits. The Armstrong School and Barker-Jennings Corp. buildings were among a series of local projects vying for low-income housing tax credits over the summer.)

Foreclosure Crisis Creeps from Va. to Md.
Washington Examiner, December 13
(RECAP: Foreclosure filings are soaring in Maryland , while the tsunami is easing in Virginia .)

Couple Want Riverside Condemnation Case Revisited
The Roanoke Times, December 12
(RECAP: The Burkholder property soon will be acquired through eminent domain by the Roanoke RHA, which determined years ago that the area was blighted.)

Wow! Arlington Home Sales Up 77% in November Over 2008 Figures
Sun Gazette, December 11
(RECAP: Home sales across Arlington in November were up a whopping 77 percent from a year before, but - unfortunately for sellers - the average sales price wasn't headed in the same direction.)

Hampton Roads Foreclosure Filings Soar in November
Daily Press, December 10
(RECAP: Peninsula-area foreclosure-related filings in November hit the highest point in more than a year, even while foreclosures are tapering off nationally.)

Hampton Roads Home Sales Soared While Prices Slid Last Month
The Virginian-Pilot, December 10
(RECAP: Home sales in South Hampton Roads soared as prices slid during November as first-time buyers rushed to beat the now-extended deadline for a federal tax credit, according to a report released Wednesday.)

What Homeowners Need to Know about Fannie Mae's ‘Deed for Lease'
Kuam News, December 1
(RECAP: Fannie Mae's new "Deed for Lease" program will assist homeowners who cannot afford their mortgage payments, but who still want to stay in their homes. To participate in the program, certain guidelines must be met.)

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Middle-class Virfinians can't afford the American dream. That's a problem Virginia can't afford to ignore.