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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

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 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.

Governor Terry McAuliffe today announced that Virginia is developing a resiliency plan for its coastal communities.

These are difficult economic times. In finalizing the FY 2015 Budget, the County Board is working hard to balance a number of goals, including giving some relief to homeowners who have seen their assessments rise, limiting the growth of the County budget, funding school growth and maintaining our core services and existing infrastructure

Monmouth County Assemblywoman Caroline Casagrande will participate in a legislative ”sleep out” tonight on the grounds outside the State House in Trenton to raise awareness and funds in support of New Jersey’s homeless runaway and trafficked youth who are served by Covenant House

The Arlington County Board today approved a $16.5 million Affordable Housing Investment Fund (AHIF) loan to help AHC Inc., a nonprofit affordable housing developer, purchase Serrano Apartments at 5535 Columbia Pike.

The Arlington County Board today approved a plan to build a five-story mixed-income apartment building in the Buckingham neighborhood that will include 98 committed affordable units, most of them family-size. The Board also approved a $7.82 million Affordable Housing Investment Fund (AHIF) loan to help the non-profit Arlington Partnership for Affordable Housing (APAH) finance the development

The Arlington County Board today said it will instruct the County Manager in January to identify three-to-five publicly owned sites "with the greatest potential for redevelopment" in the next 10 years that could incorporate new affordable homes in their redevelopment

On December 14, the Alexandria City Council unanimously approved the City’s first Housing Master Plan, setting a 10-year goal of developing or preserving 2,000 affordable housing units by 2025. The Housing Master Plan approval represents the conclusion of a multi-year public planning process of developing the Plan to guide the City’s housing development and preservation efforts. The Plan offers principles, goals, strategies, and tools to meet Alexandria’s anticipated affordable housing needs over the next 20 years.