(RECAP: The Chesterfield County Board of Supervisors approved a resolution that supports the construction of a new apartment complex near Midlothian Turnpike and Watkins Centre Parkway using tax-exempt bonds. Watkins Centre Apartments is a proposed 200-unit apartment complex where the developer, Castle Development Partners, has applied for financing through the Virginia Housing Development Authority’s mixed-income program. To qualify for VHDA financing, state law requires the board to pass a resolution supporting development of mixed-income projects.)

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(RECAP: The Suffolk Redevelopment and Housing Authority will have to wait until March of 2019 to apply for funding to revitalize their Cypress Manor and Parker Riddick housing. Their options include rehabilitating all of the property, tearing it all down and doing new construction, a hybrid of rehab and construction or disposing of the properties altogether. The other difficulty in any of the options is to obtain funding to complete these projects, but the best solution to funding the housing is to apply through the Virginia Housing Development Authority for its Low-Income Housing Tax Credit.)

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(RECAP: The Botetourt County Board of Supervisors voted Tuesday to approve a residential and commercial development along U.S. 220 in Daleville.The board also approved a request from a different housing development (188 units) to pursue funding through the Virginia Housing and Development Authority. The property’s owners needed county approval to apply for a Workforce Housing Mixed-Income Loan to fund the project. The loan is not a voucher or part of a low-income housing tax credit program.)

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