News

Chesapeake approves $20M bond for Landmark Apartments’ affordable housing renovations
The acquisition and renovations are estimated to cost $33 million, and will be covered by a combination of bonds and ...
Virginia Beach housing grant program aims at increasing affordable options
The program works by taking a different approach to levying funds. And developers are already lining up for it.
Virginia Beach housing grant program aims to increase affordable options
The program works by taking a different approach to levying funds. And developers are already lining up for it.
Look inside: We spent $64 million turning an old Virginia prison into an apartment complex— ‘it's important to preserve history'
The Lorton Reformatory was built in 1910 and shut down in 2001. Now the 2,400-acre property houses apartments, a preschool, ...
NBC New York7d
Look inside: We spent $64 million turning an old Virginia prison into an apartment complex— ‘it's important to preserve history'
A majority of the project's funding came from historic tax credits, bond financing, and low-income housing tax credits. Virginia Housing provided the first mortgage for the project and payments ...
REBusinessOnline1d
Fairstead Invests $10M for Renovation of Affordable Housing Community in Chesapeake, Virginia
Fairstead has invested nearly $10 million for the renovation of Peaceful Village Apartments, a 65-unit affordable housing community located at 3000 Welcome Road in Chesapeake. Fairstead is partnering ...
Paying it forward, 65 years later: New affordable housing project in Bethlehem clears hurdle
Since announcing the project, LVIP has completed environmental assessment studies and cleared the site, including removing ...
The Hill7d
Trump administration eyes elimination of program that helps low-income people heat and cool their homes
The Trump administration is considering support for the end of a program that helps low-income people heat and cool their homes. A draft budget request document reviewed by The Hill calls for the ...