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 2009-9 (September 3, 2009)
Industry Seeks Fannie, Freddie Overhaul
The Wall Street Journal, September 3
(RECAP: A mortgage-industry trade group is calling for Congress to transform Fannie Mae and Freddie Mac into several smaller privately held companies that would issue mortgage securities carrying an explicit government guarantee.)Chesapeake, Beach Land Funds to Rehab Distressed Properties
T he Virginian-Pilot, September 1
(RECAP: Chesapeake and Virginia Beach are the latest Hampton Roads recipients of federal funding to help localities and nonprofit groups buy and rehabilitate vacant houses in neighborhoods that have been plagued by foreclosure.)Old Downtown NN Building to Get New Chance on Life
Daily Press, August 30
(RECAP: Another historic, but long-abandoned building in downtown Newport News will soon get another chance to be useful.)Foreclosure: Certified Housing Counselor Helps Stave off Foreclosure, for Free
Daily Press, August 28
(RECAP: For about a year, McRae has been working as a HUD-certified housing counselor for Consumer Credit Counseling Service of Hampton Roads. She works on 25 to 30 cases a month, and in nearly every case, she can prevent the homes from becoming foreclosures.)A House for the Future, Now: Lorton C ouple B uilding S olar, G eothermal H ome
Connection Newspapers, August 27
(RECAP: Camela and Wes Speer's new house in Lorton will be environmentally friendly, energy efficient and unlike anything else around. It will also be one of the most carbon-neutral homes in Virginia .)Economy Stabilizing, Housing No Longer a Drag: Fed's Lacker
International Business Times, August 27
(RECAP: Richmond Federal Reserve President Jeffrey Lacker was quoted on Thursday as saying the U.S. economy was stabilizing after a painful recession and the shattered housing market will no longer be a drag on economic activity.)Charlottesville Mayor Outlines Local Housing Challenges for Batten Student Practicum
Media-Newswire.com, August 27
(RECAP: By the time fall classes started Tuesday, incoming students in the University of Virginia 's Batten School of Leadership & Public Policy had already begun a semester-long practicum on the public policy aspects of housing issues in Charlottesville .)Large Danville Buildings Need Creative Problem Solving
Danville News, August 26
(RECAP: Those spacious, empty buildings in downtown Danville served a purpose for past industry. Called “white elephants” in the development world, these buildings present rehabilitation challenges, but also offer unrealized potential.)Product Would Put Granny in the Back Yard: A Salem Company is Developing the MEDcottage, a Modular Home for the Elderly
Roanoke.com, August 26
(RECAP: A startup Salem company wants to break into the health care industry with a concept that offers the elderly an alternative to nursing homes. Still in its infancy, the company plans to lease specially designed modular buildings that can be placed in the back yard of a family member's home.)Virginia Communities get Nearly $700,000 in Grants
Forbes.com, August 25
(RECAP: Three Virginia communities are getting nearly $700,000 in grants for various infrastructure projects.)Public Housing in Richmond
Church Hill People's News, August 23
(RECAP: The RRHA is moving forward with plans to redevelop Gilpin Court as a mixed-income neighborhood. The area is seen as having a lot of potential due to its proximity to the VCU Biotech Park and Philip Morris, but the plan is not without controversy .)
