(RECAP: The possibility of Amazon and Apple selecting the Washington, D.C. metro area as their second homes brings significant change to the region on multiple fronts, with the City of Falls Church and surrounding areas positioned to withstand the surge in residents and possible spike in demand as well as benefit from their inclusion in the local ecosystem.)
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(RECAP: The thought of privatizing the Federal National Mortgage Association and Federal Home Loan Mortgage Corp. bubbled to the surface in June as part of a reorganization plot for the federal government proposed by the Office of Management and Budget. Few details were provided as to how Fannie Mae and Freddie Mac would go private, but the plot suggests lifting the U.S. conservatorship of the two entities, in place since 2008, but keeping a limited federal backstop or guarantee.)
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(RECAP: After months of public scrutiny and pointed negotiating between local officials and an out-of-state company, Henrico County’s largest federally subsidized housing community is a step closer to receiving much-needed renovations. “This is a long-term commitment,” said Ernst Valery, a managing member of SAA | EVI Development, which also plans to pursue tax-exempt bonds in addition to the low-income housing tax credits it has requested of the Virginia Housing Development Authority.)
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