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 2009-3 (July 16, 2009)

 

Bernanke May Explain Fed Exit Strategy in Testimony Next Week
Bloomberg.com, July 13
(RECAP: Federal Reserve Chairman Ben S. Bernanke probably will show how the central bank will exit the biggest monetary expansion in history when he reports to Congress next week, economists said.)

Counties Spend to Revitalize Communities
The Washington Post, July 13
(RECAP: Counties throughout the Washington area have begun rolling out millions of dollars received under the Neighborhood Stabilization Program, part of a massive $3.92 billion housing bill passed by Congress last summer.)

Homeless Families Increasing, U.S. Finds
The Washington Post, July 12
(RECAP: Several years of progress in reducing the number of chronically homeless people ended last year, a study released Thursday by the Department of Housing and Urban Development shows.)

NLIHC Releases an Expanded NoVA Preservation Catalog
NLIHC Memo to Members, July 10
(RECAP: NLIHC has released an updated version of the Northern Virginia Preservation Catalog , which is a database of rental projects with units that are affordable to low income households because of one or more local, state or federal subsidy. The catalog has been expanded to include subsidized rental properties in Fairfax county, Falls Church and Fairfax city. These properties are now listed in addition to the projects in Arlington and Alexandria that were included in the first draft of the catalog.) 

Study Finds Housing Quality and Health is Linked
NLIHC Memo to Members, July 10
(RECAP: A study in the journal Environmental Health Perspectives finds a correlation between the quality and characteristics of housing and the quality of health over time. The study found that nationwide changes in housing since 1970 were consistent with trends in health conditions such as asthma, lead poisoning, and hypertension over the same time period.)

Fannie Mae Sells First 3-year Note Since April
Reuters.com, July 10
(RECAP: Fannie Mae sold its first three-year benchmark notes since April on Thursday, drawing robust domestic investment and paying a risk premium to Treasuries sharply lower than the prior offering.)

Macedonian Affordable Housing Project Breaks Ground in Arlington
The Washington Business Journal, July 10
(RECAP: Macedonia Baptist Church , the Bonder & Amanda Johnson Community Development Corporation and AHC Inc. recently broke ground on The Macedonian, a 36-unit affordable housing project in Arlington will be financed through tax exempt bonds from the Virginia Housing Development Authority.)

One More Fight for a Housing Authority
The Washington Post, July 9
(RECAP: Proponents of creating a housing and redevelopment authority in Arlington County are planning to appeal a judge's ruling that struck down their proposal for a ballot referendum in November, prolonging and escalating a battle over affordable housing that dates back several decades.)

City Secures $684,000 Grant
Project will help Waynesboro rehabilitate neighborhood
Newsleader.com, July 8
(RECAP: A $684,000 federally funded grant will help Waynesboro rehabilitate the Arch/Market Avenue neighborhood.)

Market Presents Affordable Opportunities
The Connection, July 8
(RECAP: With the bubble burst and the days of rapid growth in the past, consumers face a Northern Virginia housing market focused on recovery. First-time buyers purchasing properties below $400,000 are providing most of the market activity.)

Charlottesville Moves a Step Closer to Single Room Affordable Housing
Charlottesville Tomorrow, July 7
(RECAP: Virginia Supportive Housing (VSH), a Richmond-based non-profit, has announced its plans to build a 60-unit facility somewhere inside Charlottesville City limits. City Council has allocated $125,000 to support their efforts.)

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