(RECAP: Charlottesville is expected to allocate $18.3 million in the next five years for the development of more affordable housing, as well as the redevelopment of public housing, in a bid by officials to fulfill promises to improve living conditions for the city’s most impoverished residents. In the city’s five-year capital budget, more than $2 million is earmarked to go to the independent Charlottesville Redevelopment and Housing Authority, while the Charlottesville Affordable Housing Fund, which is managed by the city, could grow by more than $16 million.)

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(RECAP: In a bitterly partisan Congress, two senators are making a rare push across party lines to solve a persistent riddle with huge implications for the U.S. housing market: What to do with Fannie Mae and Freddie Mac? Aides to Tennessee Republican Bob Corker and Virginia Democrat Mark Warner have begun meeting with industry groups and former government officials to discuss thoughts, according to people familiar with the matter.)

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(RECAP: A nearly century-ancient building that’s spent the past two decades as senior apartments has been brought into the 21st century with a $5 million upgrade. City officials and firms involved in the 18-month renovation of the William Byrd building, the 11-tale former hotel across West Broad Street from the Science Museum of Virginia, celebrated the project’s completion with a ribbon-cutting ceremony in the lobby Wednesday morning.)

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