Archive for October, 2007

Chairman Johnson Testifies On Mortgage Reform

October 24, 2007, Alexandria, Va., — National Credit Union Administration Chairman JoAnn Johnson testified today before the House Financial Services Committee on mortgage reform. The Legislative Proposals on Reforming Mortgage Practices hearing included three panels — federal regulators and state banking supervisors, consumer groups, and industry trade associations.

Alexandria City Council Approves Formal Partnership Agreement With Alexandria Redevelopment and Housing Authority

Alexandria, VA., October 23, 2007 — Tonight, the Alexandria City Council approved a Memorandum of Understanding that establishes a partnership agreement with the Alexandria Redevelopment and Housing Authority (ARHA). The City Council also authorized a $5.6 million bridge loan to ARHA for the redevelopment of the Glebe Park properties. The ARHA Board approved this agreement […]

Branch Banking and Trust Company, Bay Family Housing and Freddie Mac Bring Get the Facts! Homeownership Workshops to Virginia’s Northern Neck.

Northern Neck, VA, October 15, 2007 – Branch Banking and Trust Company (BB&T), Bay Family Housing (Division of Bay Aging), and Freddie Mac (NYSE:FRE) are pleased to announce that they are working together to offer informative workshops that demystify the homeownership process for families in the Virginia’s Northern Neck and Middle Peninsula.

Free Foreclosure Prevention Services Available to City Residents

Alexandria, VA., October 22, 2007 — City residents who are experiencing difficulty in meeting their monthly mortgage payments, as well as those already in the process of foreclosure, are eligible for a free training and counseling service offered by Housing Counseling Services (HCS). The goal of the program is to encourage and assist delinquent homeowners […]

Regus Opens New Center in the Northwest Quadrant of Richmond, Virginia

New Regus business center ideally located in the Paragon Place Business Park; offers clients the opportunity to office in state-of-the-art, fully furnished facility at affordable prices
DALLAS, Oct. 22 /PRNewswire/ — The Regus Group (LSE: RGU), the world’s largest provider of fully furnished and equipped offices with 950 locations in 70 countries, today announced the opening […]

Alexandria’s Second Half 2007 of Real Estate Tax Due Thursday, November 15

Alexandria, VA, October 19, 2007 — The City of Alexandria reminds property owners that payment of the second half of their 2007 Real Estate Tax and Refuse Fee is due Thursday, November 15, 2007. To avoid late payment penalty and interest charges, payment must be received by the City or postmarked by the U.S. Postal […]

Hampshire Partners Fund VII Acquires 317,400-Square-Foot Flex Building in Richmond, Va.

Richmond, VA, October 12, 2007 – The Hampshire Companies, a full service, private real estate investment fund manager with equity in assets valued at over $1.5 billion, has announced the acquisition of a 317,400-square-foot flex building located at 5700 Audubon Drive in Richmond, Va. The acquisition was made on behalf of Hampshire Partners Fund VII […]

Fort Belvoir Housing Development Awarded for Green Innovation

Clark Realty’s Project Team Honored for Efforts Made in Sustainable Design
WILLIAMSBURG, Va., September 18, 2007 - The Virginia Sustainable Building Network (VSBN) honored Clark Realty’s Fort Belvoir family housing development with the “Best Residential Green Innovation Award” at a ceremony held on June 28, 2007 in Williamsburg, Va. The award commends Clark Realty’s use of environmentally […]

New Report First to Study Affordable Housing and Smart Growth in the Greater Richmond Region

Richmond, September 25, 2007 – Growth has brought many benefits to the Richmond region, but it also has brought sprawling development, escalating traffic, and a shortage of affordable housing. As the region continues to grow, the stakes are rising. The region is projected to need over 125,000 new housing units between 2000 and 2030 to meet […]

APAH Brings Additional Affordable Housing to Arlington

Arlington, VA., September 19, 2007 - The Arlington Partnership for Affordable Housing (APAH) will celebrate the renovation of its latest acquisition, Courthouse Crossings Apartments, with a special grand opening ceremony on Tuesday, September 25 from 4 pm – 6 pm. Virginia and Arlington County officials, residents and neighbors will join the grand opening ceremony at […]