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 2009-6 (August 13, 2009)

 

Sandler H2O Project at Coliseum is Inching Forward
DailyPress.com, August 7
(Recap: Before the economy soured, plans called for more than 400 town houses and condos in the H2O community next to the Hampton Coliseum. Now the proposed subdivision of condos and town houses next to Hampton Coliseum appears to be inching forward).

EYA and Alexandria Redevelopment and Housing Authority Break Ground on Affordable Housing
Washington Business Journal, ? August 7 ?
(RECAP: The Alexandria Redevelopment and Housing Authority and EYA held a ground breaking ceremony Friday morning for Alexandria Crossing, a 102-unit workforce housing and townhouse development.)

Charlottesville Area Housing Market Update
NBC29.com, August 6
(RECAP: The slump in home sales in the Charlottesville area is bottoming out, and a turnaround could come as early as the end of this year. While that's good news, a Virginia Housing Development Authority analyst Barry Merchant also had a warning for the realtors.)

Better Than Expected Economic Reports Help Keep Mortgage Rates Low This Week
Real Estate Channel, August 6 ?
(RECAP: Freddie Mac today released the results of its Primary Mortgage Market Survey in which the 30-year fixed-rate mortgage averaged 5.22 percent with an average 0.6 point for the week ending August 6.)

Affordable Housing Wins Funding for Seniors, Not Families
FallsChurchTimes.com, August 5
(Recap: The Virginia Housing Development Authority (VHDA) released its final rankings  of applications for low income housing tax credits on Wednesday.  According to Falls Church City Manager Wyatt Shields, the Senior Apartments proposal evidently has emerged as one of the winners.)

Reverse Mortgages on the Rise as Seniors Find Financial Security in Their Homes HamptonRoads.com, August 5
(Recap: Reverse mortgages are one of the fastest-growing segments of the mortgage industry. In 2001, about 7,800 federally insured reverse mortgages were closed. Last year, the number jumped to 115,176, up 6.4 percent from 2007.)

VHDA'S Free Homeownership Class Helps First-time Buyers
PRWEB.com, August 5
(RECAP: After living in an apartment in Hampton for several years, Genea did some simple math and realized how much she had been spending on rent. After completing VHDA's Free Homeownership class, Genea qualified for a VHDA home loan.)

Helping Women Toward Financial Security  
RichmondTimesDispatch.com, August 4
(RECAP: Courtney Valos moved items into her recently purchased house in Richmond , near Battery Park. Valos got $15,000 down-payment assistance including some from New Visions, New Ventures, a group that helps women achieve financial security.)

HUD Announces $3 million for Affordable Housing and Community Development in Arlington   Virginia.RealEstateRama.com, August 4
(RECAP: Housing and Urban Development Secretary Shaun Donovan today announced the County of Arlington will receive more than $3 million to support community development and produce more affordable housing.)

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