(RECAP: The crowd of about 300 came not for a sermon, but information about a new multifamily residential development under construction near the intersection of Winterfield Road and Midlothian Turnpike. A sign placed on the construction site by HUD, which is financing the project, made a stir recently among Salisbury residents concerned that there would be government-subsidized apartments built on the outskirts of their neighborhood.)
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(RECAP: A Senate bill to overhaul the U.S. mortgage-finance system would devote billions of dollars to boosting home ownership among lower-income borrowers, according to a recent draft obtained by Bloomberg News. For some left-leaning lawmakers, that won’t be enough.)
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(RECAP: A co-application between AHC, Inc. and the Episcopal Church of the Resurrection was approved by Alexandria City Council at its public hearing on Jan. 20. On recommendation from the Plotting Commission, City Council approved plans for construction of a mixed-use building with up to 114 affordable dwelling units and a 5,000 square-foot church, to be located at 2280 N. Beauregard St. The development will be competing for Virginia Housing Development Authority federal tax credits.)
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