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U.S. Sens. Mark Warner (D-VA) and Bob Corker (R-TN) introduced bipartisan legislation today to strengthen America’s housing finance system by replacing the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac with a streamlined, privately-capitalized system that preserves market liquidity and protects taxpayers from bailouts during any future economic downturns.
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Secure Futures, LLC, a developer of solar energy for non-profit institutions in education and other fields, announced today that it has signed a 20 year solar services agreement with the Harrisonburg Redevelopment and Housing Authority (the “Authority”) to install, own and operate a solar photovoltaic project on the roof of a 60-unit low-income housing apartment building in Harrisonburg.
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Business groups with an axe to grind against the Obama administration, like the U.S. Chamber of Commerce and the National Federation of Independent Business, like to push the idea that “uncertainty” over government actions is the monkey on the economy’s back.
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Barbi Moon-Theado (left) and Laura K. Knowles (right) of Staunton-Augusta-Waynesboro Habitat for Humanity have completed the required coursework and testing this fall through the Virginia Association of Housing Counselors to achieve the status of Certified Housing Counselor.
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Recently, the story broke that foreclosures were at the lowest level since 2007. That sounds like great news—we’re finally cleaning up the mess from the real estate bubble. Except for one thing: RealtyTrac.com, a marketer of information on foreclosed real estate, noted in April that the number of short sales (where a bank allows an owner to sell for less than is owed on the mortgage) were up by 33 percent from last year
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Recently, I attended a community meeting hosted by faith leaders in Northern Virginia’s Prince William County that brought together more than 1,000 anxious homeowners and several leading mortgage lenders. Many other communities across Virginia also have experienced significant challenges as a result of the housing crisis. But Prince William County has led Virginia in foreclosures…
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Housing affordability is a critical challenge throughout Virginia—a challenge heightened by the recent recession and continuing economic turmoil, as well as problems with transportation and sprawl development, according to a report released today by Housing Virginia and the Southern Environmental Law Center. In addition to examining these problems, the organizations outline a range of practical,…
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They don’t look like anything else on the Bridgewater College campus – and truth be known, they aren’t. The two new village-style residences that sprang up this summer on BC’s campus do far more than simply provide housing for students. By adhering to an internationally recognized green building certification system, they move the college forward…
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Gloom and doom, indeed. Existing-home sales were down 27 percent in July from what had been a healthy June on the national housing market. There can’t be any good news there – at least that’s the sentiment that’s been reflected in the news media. “There’s this huge decline in the number of people buying houses…
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Sen. Jim Webb (D-Va.) announced today that the Interior Appropriations Act of 2010, enacted into law on Oct. 30, restored a funding shortfall for the Section 8 Housing Choice Voucher Program, following Webb’s request. Sen. Webb highlighted the funding shortfall and pushed for a provision in the legislation in an Oct. 20 letter to…
