(RECAP: Holly Wood is one of the first people to secure one of Habitat’s new units in the development straddling the Charlottesville-Albemarle County line.)
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Category Archives: Apartment Loans
Council delays land bank, allocates $75K for landlord fund
(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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Falls Church Veteran EDA Guru: Density Is Vital to City’s Future
(RECAP: The City of Falls Church has only begun to scratch the surface of its economic development potential, Ed Saltzburg, the City’s long-standing Economic Development Authority leader said here Sunday, but future growth will depend on some more significant population growth. “Affordable housing is an economic driver,” he said. But the City’s stock of what is identified as affordable housing is shrinking, and depends on owners of entities such as Merrill House not renovating their product.)
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