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 2009-49 (June 10, 2010)

 

So, You Want to Build More Affordable Housing? Here's How….
Bacon's Rebellion, June 9
(RECAP: Governor McDonnell recently announced the formation of a Housing Policy Advisory Committee, led by Senior Economic Advisor Bob Sledd, to help develop the McDonnell Admin istration's housing policy. This is a good idea for several reasons.)

Sheila C. Bair to the Housing Association of Non-Profit Developers Annual Meeting
LoanSafe.org, June 7
(RECAP: Remarks by Chairman Sheila C. Bair to the Housing Association of Non-Profit Developers Annual Meeting; Tysons Corner , Virginia June 7, 2010.)

Project Could Double Caroline's Population in 20 Years
Richmond Times-Dispatch, June 7
(RECAP: Two Richmond brothers who have dabbled in real estate development are proposing a 1,059-acre transit-oriented community with dense housing and commercial space that could double the population of Caroline County within 20 years.)

Local Housing Market Remains Jittery
Star Exponent, June 6
(RECAP: Foreclosures and other distressed properties continue to comprise the largest share of real estate transactions in Culpeper County , and the market, though not stagnant, is weaker than last year.)

Project Seeks to Rejuvenate Neighborhood
Progress-Index.com, June 5
(RECAP: The program, called Battersea Rising, is led by Pathways. The Petersburg-based nonprofit is hiring staff and working with residents to create a detailed neighborhood plan to implement.)

Battle Weary
Fredericksburg Star, June 4
(RECAP: The Burkholders are giving up the fight and will accept the $2.2 million a jury decided the land was worth. Ironically, Carilion now says it doesn't want the plot.)

Senate Plans Hearing on Livable Communities
NLIHC's Memo to Members, June 4
(RECAP: The Senate Committee on Banking, Housing and Urban Affairs will hold a June 9 hearing titled, “Local Perspectives on the Livable Communities Act.”)

Woodbridge Man Sentenced 46 Months for Mortgage Fraud
Virginia RealEstateRama, June 4
(RECAP: Ahmad Z. Abbasi, 36, of Woodbridge , Va. , was sentenced today to 46 months in prison, followed by three years of supervised release, and ordered to pay $1,637,412 in restitution. Abbasi pled guilty on March 3, 2010, to conspiracy to commit mail fraud for recruiting unqualified buyers who provided false information to obtain multiple mortgage loans, which were ultimately foreclosed.)

HUD Awards Funding to 3 Virginia Public Housing Agencies to Help Homeless Veterans WTVR.com, June 4
(RECAP: Three public housing agencies in Virginia are getting federal funding to help homeless veterans.)

July Vote Eyed For Kincora Village
Leesburg Today, , June 3
(RECAP: At full build out, Kincora Village would include up to 2,722,200 square feet of office space, 398,825 square feet of commercial, 575,000 square feet of hotel space, equal to 720 rooms, 1,400 multi-family units, including 88 Affordable Dwelling Units and workforce housing units, and 277,000 square feet of civic uses.)

Worried About Real Estate? Henry Cisneros Says the Future Is Bright
MoneyWatch.com, June 3
(RECAP: Former HUD Secretary Henry Cisneros says the future for all types of real estate development is bright - it just might take a few years to get there.)

Embrace Home Loans Opens in Virginia
DSNews.com, June 2
(RECAP: Embrace Home Loans said Wednesday that it has officially opened a new branch in Lynchburg , Virginia . The mortgage firm is a direct lender for Fannie Mae and Freddie Mac, approved by the Federal Housing Admin istration (FHA) and Veterans Affairs (VA), and is an issuer for Ginnie Mae.)

Virginia Tech Unveils New Visionary Plan for 'Waterfront' in Falls Church
Falls Church News-Press, June 2
(RECAP: The "West Jefferson Conceptual Plan" proposes the total redevelopment of nine acres on the east side of West Jefferson Street bordering Arlington County . It calls for cleaning out all the old storefronts and parking lots in the area, and replacing them with a green roof office building of up to nine stories, retail, residential and a park with amphitheater that fronts a totally-opened and landscaped Four Mile Run.)

Washington , D.C. Housing Inventory Down
Housing Watch, June 2
(RECAP: The Post's Dina ElBoghdady tells us that inventory is down, and prices are up in the D.C. area, and this is a sign of a recovering market.)

Through VIDA, Family Realizes Dream of Homeownership
Virginia RealEstateRama, June 1
(RECAP: During National Homeownership Month, recognized each June, the Virginia Department of Housing and Community Development (DHCD) encourages individuals or families thinking of homeownership to consider enrolling in the Virginia Individual Development Accounts (VIDA) program.)

Want to Know What it Takes to Buy a Home? Take a Class.
Real Estate Blog, May 28
(RECAP: The Virginia Housing Development Authority announced several homeownership education classes coming up.)

F.C. Remains Way Behind in Affordable Housing
Falls Church News-Press, May 12
(RECAP: Letter to the Editor.)

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