(RECAP: The Arlington County Board today approved a $6 million loan from the County’s Affordable Housing Investment Fund to help Standard Property Company, Inc. and the National Foundation for Affordable Housing Solutions buy the 294-unit Park Shirlington Apartments. Park Shirlington is an affordable apartment garden apartment complex in Fairlington.The developers plot to rehabilitate and preserve all 294 units as affordable.)
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(RECAP: Using the VCU Wilder School’s unique MetroView data system, we recently documented the geographic location of low-cost housing and the modest-wage jobs in the Richmond metropolitan area. (Access this study, Understanding the Jobs-Affordable Housing Balance in the Richmond Region, at cura.vcu.edu).
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(RECAP: The Charlottesville City Council has delayed the creation of a public-private, nonprofit land bank corporation, but has agreed to allocate $75,000 to a new city Landlord Risk Reduction Fund. After the council adopted a resolution outlining a variety of potential housing-related programs and initiatives in June, city officials and local community members have worked methodically in recent months to flesh out those thoughts, which are meant to help with the development of more affordable housing in the city.)
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