Yearly Archives: 2009

Nye Authors Amendment to Support Families of Wounded Warriors

Washington, DC - July 28, 2009 - (RealEstateRama) -- Congressman Glenn Nye (VA-02) wants Congress to increase funding for a program that provides housing assistance to the families of wounded troops.

Virginia Man Sentenced 42 Months for Mortgage Fraud Scheme

ALEXANDRIA, VA - July 27, 2009 - (RealEstateRama) -- Richard A. Forde, also known as Euburn Richard Forde, age 51, formerly of Great Falls, Va., was sentenced today to 42 months in prison for his role in a mortgage fraud scheme from approximately December 2001 to January 2004.

HUD announces $1,876,898 million for affordable housing and community development in Hampton, Virginia

Washington, DC - July 23, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced the City of Hampton, Virginia will receive more than $1.8 million to support community development and produce more affordable housing.

$7 million available to first-time homebuyers through local agency

Norfolk, VA - July 13, 2009 - (RealEstateRama) -- Norfolk Redevelopment and Housing Authority (NRHA) has over $7 million in low interest mortgage financing available for first-time buyers up to 120% of Area Median Income (AMI) provided through the HomeNet Homeownership Center.

Governor Kaine Announces More Than $14 Million in Community Development Block Grant Funding

RICHMOND, VA - July 07, 2009 - (RealEstateRama) – Governor Timothy M. Kaine today announced $14,134,490 in federal funding for 22 community development projects through the Virginia Community Development Block Grant (VCDBG) program. The grants, which will fund a variety of projects – from housing revitalization to water and sewer infrastructure, to broadband and economic and downtown revitalization – are expected to benefit 3,790 Virginians, of which 2,899 are low-to-moderate income.

VHDA Launches Homebuyer Tax Credit Plus Loan Program

RICHMOND, VA - June 19, 2009 - (RealEstateRama) - One of the biggest obstacles facing first-time homebuyers is gathering the funds for the down payment and closing costs. To help prospective homebuyers meet this challenge, the Virginia Housing Development Authority has designed a new loan program – Homebuyer Tax Credit plus.

Arlington County Approves 140 Affordable Housing Units for Buckingham Village

ARLINGTON, VA. - June 16, 2009 - (RealEstateRama) — The Arlington County Board today approved a plan to preserve 140 historic units at Buckingham Village 3 as affordable apartments and condominiums.

New Loudoun Homeless Shelter Receives Green Building Award

Leesburg, VA - June 15, 2009 - (RealEstateRama) - From more than 2,500 nominated projects, the new Loudoun County Homeless Shelter has been selected as a Green Building of America Award-winning project and will be featured in the magazine Real Estate and Construction Review - Green Success Stories Edition.

Governor Kaine Announces $17.5 Million to Purchase/Rehabilitate Foreclosed Homes

RICHMOND, VA - June 8, 2009 - (RealEstateRama) — Governor Timothy M. Kaine today announced the award of $17.5 million in Neighborhood Stabilization Funding to localities for purchasing and rehabilitating foreclosed homes so that they can be resold to low-to-moderate income families. This announcement follows the award of $7 million in funding in April.

Seminar on Loudoun Home Improvement Programs Set for June 15

Leesburg, VA - June 4, 2009 - (RealEstateRama) — Loudoun County's innovative home improvement programs will be the topic of a seminar scheduled for 6:00 p.m., Monday, June 15, 2009, at the Sugarland Run Homeowners Association, 200 Greenfield Court in Sterling.

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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