Archives

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.

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.

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, 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.

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.

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.

ARLINGTON, Va. - May 19, 2009 - (RealEstateRama) — The Arlington County Board today recognized local businesses, organizations and homeowners for their outstanding commitment to the environment. The achievements noted today include energy-efficient and green buildings, green power purchases, transit programs and sustainable designs. Together, these efforts represent a community-wide movement in Arlington to “go green.”

Hampton, VA - May 18, 2009 - (RealEstateRama) — The Hampton City Council is seeking two (2) Hampton residents to serve on the Board of Commissioners of the Hampton Redevelopment and Housing Authority (HRHA).

ARLINGTON, Va. - April 28, 2009 - (RealEstateRama) — The Arlington County Board today approved the first increase since 2003 in purchase assistance for low and moderate income first-time homebuyers, a move designed to make it easier for those who are eligible to buy homes in Arlington.

Washington, DC - March 26, 2009 - (RealEstateRama) — Senator Warner announced today that the U.S. Department of Housing and Urban Development (HUD) has released nearly $51 million from the economic recovery package for improvements to public housing units that will directly benefit Virginia.