Housing News

NoVA Housing Advocates Score Major Budget Gains

Housing advocates should be pleased with the results of the recently adopted fiscal year budgets in Alexandria, Arlington and Fairfax County. While housing affordability has been a persistent challenge for a growing percentage of NoVA’s population, advocates have leveraged the Amazon HQ2 announcement in November, and growing sentiment of housing as a regional concern, to

Fairfax County Candidates Respond to Housing Questionnaire

Housing affordability is a significant concern for a growing percentage of Fairfax County’s population. In a recent county survey, over 1,600 participants identified ‘Housing and Neighborhood Livability,’ ‘Affordability’ and ‘Equity’ as top priorities for 2020 and beyond. We understand why. With average monthly rents of $1,788, and the average home purchase price of $548,800, 44

VA Housing Trust Fund Success!

Yesterday, the Virginia General Assembly voted to accept Governor Northam’s amendment for an additional $4 million in the biennium budget for the state Housing Trust Fund during its one day veto session. This biennium allocation of $18 million for the state housing trust fund, combined with Virginia’s upcoming allocation of $4,672,562 from the National Housing

Fairfax County’s Bold Housing Agenda

Last week, a panel appointed by the Fairfax County Board of Supervisors representing a cross-section of community stakeholders and housing advocates finalized their recommendations for Phase II of the county’s Community-wide Housing Strategic Plan. Not since 2005, when then Chairman Gerry Connolly convened the Affordable Housing Preservation Action Committee, has there been such a comprehensive

VA HTF Update

In their version of the budget, the Virginia Senate included $3M over two years for the Virginia Housing Trust Fund. Now the House and Senate budget bills need to be reconciled. There is still hope for housing resources, though greatly reduced from the anticipated $20M outlined in the Governor’s budget. For more details, read the

Celebrating 2018 Regional Housing Leaders

The torrential rains last Thursday night didn’t stop housing professionals and friends from attending our 2018 Regional Housing Leaders Reception and Awards Ceremony to honor exceptional individuals and organizations in our industry. These leaders motivate, inspire and call upon all of us to act to create more equitable, inclusive, and thriving communities. We were proud

Loudoun Issues RFP for $25M Housing Trust Fund

On July 30, Loudoun County’s Department of Family Services issued a Request for Proposals (RFP) to eligible affordable housing developers to submit applications for the Affordable Multifamily Housing Loans in accordance with the County of Loudoun Affordable Multifamily Loan program Guidelines approved by the Board of Supervisors on July 3, 2018. The Program is funded by

Evictions Forum in Arlington

  Much ado has been made about Virginia’s high eviction rates since the publication of a New York Times article featuring data from the new Eviction Lab. The shocking data showed that Virginia has five localities in the nation’s top ten for highest eviction rates. While not one of the five localities, Arlington prides itself

VA 12th Highest Housing Wage

The National Low Income Housing Coalition (NLIHC) recently released their annual Out of Reach report for 2018. The report illustrates the discrepancy between wages and the cost of rental housing, and how this trend is not improving. Housing costs continue to increase from year to year, and wages are not keeping up. Nationally, the hourly