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Virginia REALTORS® continue to support Homes for Our Troops

Last Saturday, August 19th, Bill White, President, VAR, offered the continued support of REALTORS® at a Homes for Our Troops groundbreaking ceremony for a Virginia Veteran and his family just miles away from the VAR Headquarters. Bill thanked Sergeant J.P. McGuire and his family for their service to our nation.

RunningBrooke and Rebuilding Together Alexandria Partner with the Department of Recreation, Parks and Cultural...

The Department of Recreation, Parks and Cultural Activities PARKnership program announces a community partnership with RunningBrooke and Rebuilding Together Alexandria to improve Taney Avenue Neighborhood Park. The combined funds and resources from the two Alexandria organizations will be used towards building new preschool-age play spaces, nature paths, native tree plantings, and new site furnishings

SENS. WARNER, KAINE ANNOUNCE NEARLY $7 MILLION TO SUPPORT AFFORDABLE HOUSING DEVELOPMENT IN VIRGINIA

U.S. Sens. Mark R. Warner and Tim Kaine (both D-VA) announced today that 18 initiatives led by local financial institutions and non-profits in Virginia will receive $6.6 million from the Federal Home Loan Bank of Atlanta (FHL-Bank Atlanta)’s Affordable Housing Program (AHP) to support affordable housing development in Virginia.

HUD ANNOUNCES AGREEMENT WITH CITY OF RICHMOND, VIRGINIA TO RESOLVE DISCRIMINATION COMPLAINTS

The U.S. Department of Housing and Urban Development (HUD) announced today that it has approved an agreement with the City of Richmond, Virginia, settling 14 complaints of housing discrimination filed against the City by Hispanic residents. The complaints alleged that the City of Richmond selectively enforced its code requirements against residents of the City’s mobile home parks, who are predominantly Hispanic.

Board Approves Housing Authority Financing to Preserve Affordable Housing in Huntington Area

The Fairfax County Board of Supervisors has approved the Fairfax County Redevelopment and Housing Authority (FCRHA) to make a loan of up to $5.65 million to Christian Relief Services of Virginia (CRSVA) for the acquisition of a 113-unit apartment complex, Huntington Gardens, in the Lee District.

KAINE PRAISES SENATE PASSAGE OF BIPARTISAN HOUSING REFORM BILL

U.S. Senator Tim Kaine announced that the Senate unanimously passed the Housing Opportunity Through Modernization Act, bipartisan housing legislation that would enact broadly supported federal housing reforms. The bill includes provisions from the Family Unification, Preservation and Modernization Act, a bill Kaine introduced late last year to prevent youth homelessness, keep children and families together and meet the needs of youth transitioning out of foster care.

Sens. Warner, Corker Warn FHFA Against Taking Actions Harmful to Housing Finance Reform

U.S. Sens. Mark R. Warner (D-VA) and Bob Corker (R-Tenn.), members of the Senate Banking Committee, were joined by Senate colleagues Mike Crapo (R-Idaho), Heidi Heitkamp (D-N.D.), Dean Heller (R-Nev.), and Jon Tester (D-Mont.) in authoring a bipartisan letter to the director of the Federal Housing Finance Agency (FHFA). The letter encouraged Director Mel Watt to avoid taking steps that may facilitate the release of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac out of conservatorship without comprehensive reform.

SENS. WARNER & KAINE ANNOUNCE $160,000 IN FUNDING TO RELIEVE VETERAN HOMELESSNESS IN HAMPTON

As we head into Independence Day weekend, Sens. Mark R. Warner and Tim Kaine (both D-VA) announced today that the U.S. Departments of Housing and Urban Development (HUD) and Veterans Affairs (V-A) will award $166,336 to the Hampton Redevelopment and Housing Authority (HRHA) to help homeless veterans find affordable and stable housing.

Warner, Kaine, Scott Announce $500,000 for Newport News Neighborhood Revitalization

U.S. Senators Mark Warner and Tim Kaine, along with Representative Bobby Scott, announced that the City of Newport News will receive $500,000 from the U.S. Department of Housing and Urban Development’s (HUD) Choice Neighborhoods Planning Grant program. The funding supports revitalization efforts in local communities.

May Proves a Good Month for the Local Real Estate Market

The following analysis of the Fredericksburg, Virginia area housing market has been prepared by the Fredericksburg Area Association of REALTORS® based on analysis of MRIS multiple listing data provided through RealEstate Business Intelligence, LLC (RBI)

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Arlington County Board Approves Redevelopment of Former Bob Peck Site

Ballston project incorporates office buildings, affordable housing, ground-floor retail, townhouses ARLINGTON, Va.– The Arlington County Board today approved a mixed-use project for the last unplanned...

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Merchants Tire Chesapeake VA

The Boulder Group Arranges Sale of Single Tenant Net Leased Merchant’s...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Merchant’s Tire property located at 215 Hillcrest Parkway in Chesapeake, Virginia for $3,150,000