Virginia State Government and Public Real Estate News

The Arlington County Board today approved more than $2.9 million in funding for four new Neighborhood Conservation projects. All the approved projects are street improvements that also contribute to sidewalk connectivity and stormwater management
The Virginia Resources Authority’s (VRA) refinancing of two (VRA) Wastewater and Water System Revenue Bonds will save Arlington County $2.2 million in reduced interest rates on those loans over the next 14 years. The loans were one of the funding sources for the County’s massive, $568 million upgrade and expansion of its aging Water Pollution Control Plant (WPCP), substantially completed in 2012, to meet the demands of a growing population and increased state and federal water pollution control requirements
Carter Calls For ‘Immediate & Complete Halt’ To South China Sea Island Building “Just as the White House confirmed Chinese President Xi Jinping will visit at the end of this month, Defense Secretary Ash Carter issued a clear call for “an immediate and lasting halt to land reclamation by all claimants” in the South China Sea.
In an effort to spur substantive and structural housing finance reform, U.S. Senators Bob Corker (R-Tenn.), Mark Warner (D-Va.), David Vitter (R-La.), and Elizabeth Warren (D-Mass.), all members of the Senate Banking, Housing and Urban Affairs Committee, today reintroduced the “Jumpstart GSE Reform Act.
Arlington will start building a new 24-inch water main this month along Williamsburg Boulevard, and modify pipes to the Minor Hill Reservoir and its four underground storage tanks. The work also includes closing a gap that exists on a previously installed 36-inch water main under the westbound lanes between North Frederick and North Harrison Streets.
SolarizeAlexandria, a program to make it easier and more affordable for residents to install solar power systems on Alexandria homes, launched September 7 and will run through November 10. The program provides a free home energy efficiency check-up and solar site assessment; discount pricing through bulk purchasing; project facilitation and qualified installation; financing and federal tax incentive options; and qualification for the City of Alexandria’s Solar Energy Equipment Tax Exemption.
The Virginia Association of REALTORS® (VAR) is encouraging Virginians to ready themselves for hurricane season as well as other disasters by making plans for how to stay safe and communicate during an emergency. Preparedness Month, observed nationwide in September, reminds Virginians to collect supplies as well as make and share a plan for the protection of their families, homes, and communities.
The Arlington County Board tonight will discuss recent staff updates to the Affordable Housing Master Plan and Implementation Framework. The purpose of the work session is to address remaining Board memb The County is seeking a 25-year Plan that will guide the next generation of affordable housing investment in Arlington because providing a range of housing options affordable to persons of all income levels and needs throughout the County supports our people, improves our neighborhoods and strengthens our economy.
July residential real estate sales reflected a significant uptick from the same period last year, according to the July 2015 Home Sales Report released by the Virginia Association of REALTORS® (VAR). The 13 percent increase in sales over July 2014 continues an eight-year trend of year-over-year improvement. July sales are typically lower than the volume per month for June or any single month of the second quarter. In addition, the decrease of 8 percent from June indicates buoyancy from the 11 percent month-to-month dip averaged over the prior seven years for the same period.<
September is Affordable Housing Month in Arlington, a month-long celebration of the County’s long-term commitment to preserving and creating housing opportunities that benefit the whole community. Join us for bus and bike tours of affordable housing developments around the County, public forums to discuss housing challenges and an informational session covering services and programs available to residents.
Arlington County Adopts Innovative Tools to Increase Affordable Housing on Columbia Pike
  • Shaping Pike residential development for next 30 years
  • Expected to add 9,500 new homes
  • Helping reach goal of preserving affordability
  • Culmination of years-long planning effort

ARLINGTON, Va. – November 18, 2013 – (RealEstateRama) — The Arlington County Board today adopted several new Planning and Zoning tools that could add 9,500 new homes along Columbia Pike over the next 30 years, and will help the County reach the Columbia Pike Neighborhoods Area Plan goal of preserving the affordability of approximately 6,200 market rate affordable homes. more »

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