News

Warner, Corker Offer Jumpstart GSE Reform Amendment
In an effort to spur substantive and structural housing finance reform, U.S. Senators Bob Corker and Mark Warner today offered a component of the Jumpstart GSE Reform Act as an amendment to S.Con.Res.11, the fiscal year 2016 budget resolution.
Arlington County Board Invites Community Conversation on Housing Needs and Affordability
The Board reviewed the drafts, which outline affordable housing goals, objectives, policies and tools to meet the community’s shifting needs, in a March 23 work session with the County Manager and the Affordable Housing Study Working Group.
Warner, Kaine Call for Crude-by-Rail Safety Investments
Senators Mark Warner and Tim Kaine along with 19 other Senators sent a letter calling on the Senate Appropriations Committee to support robust investment for a Safe Transportation of Energy Products program to address increasing safety concerns related to the transportation of Bakken crude and other energy products.
Virginia Housing Policy Advisory Council Holds First Meeting
Virginia’s Housing Policy Advisory Council held its first meeting on Wednesday to address important housing issues facing the Commonwealth.
Virginia Department of Housing and Community Development announces Virginia Main Street Milestone Achievement Awards
The Virginia Department of Housing and Community Development announced today the Virginia Main Street Program Milestone Achievement Awards to designated Virginia Main Street communities. The awards were presented at a dinner in Richmond that also celebrated the 30th anniversary of the Virginia program.
Affordable Housing Study Work Session Set for March 23
Arlington’s nearly three-year effort to shape a vision for affordable housing and meet the challenge posed to our community’s diversity by rising housing prices and a dwindling supply of market rate affordable housing has reached a major milestone
Governor McAuliffe announces $226,000 in Building Entrepreneurial Economies funding
Governor Terry McAuliffe today announced $226,000 in Building Entrepreneurial Economies (BEE) awards for 12 projects in the Commonwealth. The BEE program provides funding to nonprofits and local governments to assist with the development of local and regional entrepreneurial economies that foster job creation and expansion by micro- and small businesses.
Warner, Corker, Colleagues Urge FHFA Director Mel Watt to Move Beyond Duopolistic Tendencies of the Past
In a letter today to Federal Housing Finance Agency (FHFA) director Mel Watt, U.S. Sen. Mark Warner (D-VA), U.S. Sen. Bob Corker (R-TN) and a bipartisan group of Senate Banking Committee members raised concerns about the development of the Common Securitization Platform (CSP) and urged the agency to move beyond “the duopolistic tendencies of the past” and adopt changes to ensure the CSP is accessible to not only government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, but also private sector participants
Warner, Hatch Introduce Bipartisan Geospatial Data Act
U.S. Sens. Mark R. Warner (D-VA) and Orrin Hatch (R-UT) have introduced the bipartisan Geospatial Data Reform Act to improve oversight and reduce duplication in the management of geospatial data. The federal government is the largest buyer of geospatial data, but according to the Government Accountability Office (GAO), federal agencies do not consistently track or report geospatial investments, which results in duplicative efforts and expense by various entities, including federal, state and local governments as well as private companies
Governor McAuliffe Announces More Than $2 Million In Industrial Revitalization Funds
Governor Terry McAuliffe today announced $2.3 million in Industrial Revitalization Fund (IRF) awards for the cities of Petersburg, Roanoke and Waynesboro, as well as the town of Ashland. The IRF program provides gap financing for construction projects aligned with local and regional economic development strategies, primarily in distressed communities.