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 2009-39 (April 1, 2010)
People Inc. Seeks Grant to Develop Apartments
NVDaily.com, March 30
(RECAP: The head of People Inc. is optimistic about the chances of securing grant funding to turn the former Toms Brook Middle School into more than a dozen affordable housing apartments.)Feds Needed in Housing Recovery
Politico.com, March 30
(RECAP: The Asian-American and Pacific Islander communities have been particularly hard hit by housing foreclosures. Homeownership rates for Asians, for example, fell 1.2 percent in 2008, compared with a drop of 0.8 percent among Latinos and only 0.4 percent for whites.)Matz Encourages Credit Unions to Explore Enhanced Foreclosure Relief Programs RealEstateRama, March 29
(RECAP: Praising a new Obama Admin istration initiative to help consumers avoid home foreclosures, National Credit Union Admin istration Chairman Debbie Matz today encouraged the nation's credit unions to redouble efforts to work with members who are seeking ways to deal with troubled mortgages.)Letters to the Editor: Why Arlington 's Tie-in with a Church is Smart
The Washington Post, Monday, March 29
(RECAP: The March 21 front-page article "Scaling a spire of dispute in Arlington ," on a lawsuit filed by an Arlington County resident against an affordable-housing project in Clarendon , included some misconceptions. Letter to the Editor from John M. Cornman, president of the Alliance for Housing Solutions.)Study: Commute May Cost More than You Think
StarExponent.com, March 28
(RECAP: Suburban homeowners who choose a longer commute in exchange for lower housing costs might not be saving money after all, a new national study says.)Tax Credit Spurs Spring Home Sales Push
The Virginian-Pilot, March 28
(RECAP: Nearly 1,500 additional for-sale signs have popped up on lawns across the region in recent weeks as Hampton Roads homeowners gear up for one final push to sell before the homebuyer tax credits expire next month.)High-rises Planned near Alexandria 's Eisenhower Metro Station
The Washington Examiner, March 28
(RECAP: A private development company is set to announce a plan for a set of high-rise buildings that would transform Alexandria 's skyline. Hoffman officials have promised to add 55 affordable condominiums or apartments into the mix — the largest affordable housing contribution by a developer in Alexandria )How Much is Your Home Really Worth?
WTKR.com, March 28
(RECAP: When a house sells, the re-assessment for property tax purposes should, in most cases, closely resemble the sales price, according to official state policy.)Obama Expands Homeowner Aid to Stem Foreclosure Wave
Bloomberg News, March 27
(RECAP: The Obama administration on Friday announced programs to help homeowners avoid foreclosure, including subsidies for borrowers who owe more than their home is worth. The plan expands Treasury Department and Federal Housing Admin istration efforts and uses funds from the $700 billion Troubled Asset Relief Program.)City Housing Project First In Line
NBC29.com, March 26
(RECAP: A preliminary ranking by the Virginia Housing Development Authority puts Charlottesville 's Single Room Occupancy project at the top of the list for low income housing tax credits. That affects the funding that will pay for most of the costs of constructing the building on Fourth Street .)LIHTC Fix Moves in New Jobs Bill
NLIHC's Memo to Members, March 26
(RECAP: A proposal to provide an exchange program for Low Income Housing Tax Credits used in connection with bond financing was included in H.R. 4849, the Small Business and Infrastructure Jobs Tax Act of 2010, which passed the House on March 24.)Members of Congress Express Support for the National Housing Trust Fund
NLIHC's Memo to Members, March 26
(RECAP: At the House Financial Services Committee hearing on March 23 on the future of housing finance, Representative Maxine Waters (D-CA) used part of her time to question Treasury Secretary Timothy Geithner to discuss the need to fund the National Housing Trust Fund.)New Study Looks at the Combined Cost of Housing and Transportation
NLIHC's Memo to Members, March 26
(RECAP: A comprehensive study of combined housing and transportation costs released this week by the Center for Neighborhood Technology reports that only 39% of American communities are affordable for families when both transportation and housing costs are considered together.)Subcommittee Holds Hearing on Preservation Bill
NLIHC's Memo to Members, March 26
(RECAP: The House Financial Services Subcommittee on Housing and Community Opportunity held a hearing on March 24 on H.R. 4868, the “Housing Preservation and Tenant Protection Act of 2010.” This bill was introduced by Committee Chairman Barney Frank (D-MA) on March 17.)Business Briefs - Study: Richmond Area has Housing Challenges
Richmond Times-Dispatch, Published: March 26
(RECAP: The Richmond area was ranked the 59th least-affordable homeownership market among 208 metropolitan areas in 2009, according to a recent study by the Center for Housing Policy of the National Housing Conference, an affordable-housing advocate.)New Foreclosure Rules Benefit Valley Unemployed
WHSV.com, March 26
(RECAP: Blue Ridge Legal Aid has taken more than 100 foreclosure clients in just the last six months. The company says many local families could have kept their houses if this program had been in place sooner.)Moving Through the Recession, Part 5: Are Exurbs Still Declining?
TheCityFix.com, March 25
(RECAP: Earlier this week, the National Association of Realtors announced that sales of previously occupied homes in the United States fell 0.6 percent last month. This drop came after a sharp decrease in December and a more modest one in January. Though the rate of decline in sales has slowed, this new data stoked fears that the brief recovery in housing is finished and another dip has begun.)Geithner, Lawmakers Spar over Mortgage Firms' Future
The Durango Herald News, March 24
(RECAP: Lawmakers are starting to wrestle with how to replace Fannie Mae and Freddie Mac, the mortgage giants that nearly collapsed at the start of the financial meltdown.)Report: Over 12,000 Students are Homeless in VA
Public News Service, March 24
(RECAP: The number of students in Virginia who have no place to call home has been on the rise. A recent study by the national family advocacy group First Focus shows a 29 percent increase in homeless students in The Commonwealth since 2006, a jump that equates to more than 12,000 kids.)News Clips Archives
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