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 2009-40 (April 8, 2010)
Freddie Mac Announces Mezzanine Program for Multifamily Mortgages
DSNews.com, April 5
(RECAP: With financing in the commercial real estate sector severely constricted, property values still declining, and billions in multifamily mortgages on the verge of coming due, Freddie Mac is stepping up to the plate to ensure strapped apartment owners have an avenue to refinance their debt.)DOT Requests Comments on Intersection of Federal Highway Spending and Section 3 Obligations
NLIHC's Memo to Members, April 2
(RECAP: COMMENTS DUE MAY 14 The Federal Highway Admin istration of the U.S. Department of Transportation has issued a Notice and Request for Comment relating to the Admin istration's Interagency Partnership on Sustainable Communities. FHWA proposes to permit, on a case-by-case basis, the use of Community Development Block Grant (CDBG) funds with federal-aid highway money.)Fair Housing Bill Introduced
NLIHC's Memo to Members, April 2
(RECAP: Just in time for April's Fair Housing Month, Representative Joe Sestak (D-PA) on March 25 introduced H.R. 4988, which would amend the Fair Housing Act to prohibit housing discrimination on the basis of sexual orientation or gender identity.)HUD Describes TRA in More Detail
NLIHC's Memo to Members, April 2
(RECAP: SUBMIT YOUR COMMENTS NOW HUD released more details of its proposed Transforming Rental Assistance initiative in a webcast and a release of a discussion draft. In its FY11 budget request, HUD requested $350 million for TRA, which the agency describes as a “multi-year effort . . . to preserve HUD-funded public and assisted housing, stem the loss of affordable units, enhance housing choice for residents and streamline the administration of HUD's rental assistance programs.”)Mortgage-Bond Yields That Guide Loan Rates Rise to 3-Month High
Business Week, April 1
(RECAP: Yields on Fannie Mae and Freddie Mac mortgage securities that guide home-loan rates rose to the highest in more than three months, after the Federal Reserve ended its unprecedented purchases of the debt yesterday.)A Dream Come True: Virginia Condos Home to Nine Families
Freddie Mac, April 1
(RECAP: Freddie Mac and Habitat for Humanity recently welcomed nine families – first-time homeowners – to their new homes.)Schumer Vows to Fight Cuts in 2011 Budget for Section 202 Housing for the Elderly
Senior Housing News, April 1
(RECAP: U.S. Senator Charles E. Schumer recently stated that he will fight to reverse budget cuts proposed by the Admin istration in its Fiscal Year 2011 budget for the Section 202 Housing for the Elderly program. The Admin istration's budget request for fiscal year 2011 only includes $273.7 million. It is projected that the funding will fail to cover project shortfalls for new housing development and force sponsors to find additional sources of funding to make these projects feasible.)Local Politicians Attempting to Persuade Obama to Tour Chinese Drywall Homes in Newport News
The Virginia Daily Press, April 1
(RECAP: Local politicians are lobbying for President Barack Obama to visit area homes affected by toxic Chinese drywall while the president is here for his Hampton University commencement address on May 9.)End of Federal Help Looms Once Again
Washington Examiner, April 1
(RECAP: The federal government has actively tried to heal the ailing housing market since its crash, but some of the aid is about to run out.)Washington Home Prices Strongest in Nation
Washington Examiner, April 1
(RECAP: Home prices in the Washington area have fared better than anywhere in the country over the past 10 years, according to a new report.)Dominion Donates $50,000 to Beach Homeless Center
The Virginian-Pilot, March 27
(RECAP: On Friday, Dominion Virginia Power granted the Judeo-Christian Outreach Center $50,000 for repairs.)News Clips Archives
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