Housing industry is sixth-largest private sector industry in Virginia | Apartment Loan Depot Since 2005 – Fannie Mae and Freddie Mac Multifamily Loans Nationwide

(RECAP: Virginia’s housing industry generated $47.8 billion in economic activity in 2015, with $21.8 billion in direct output, making it the sixth-largest private sector industry in Virginia in terms of direct output, according to a study released Sept. 2 by the Virginia Housing Policy Advisory Council. The council develops policy initiatives aimed at addressing critical housing needs. “The economic impact study showcases Virginia’s housing industry as an economic driver that generates thousands of jobs and billions of dollars in economic activity, making it a central component of our economic strategy,” Gov. Terry McAuliffe said in a statement. “Housing is a key indicator of any community’s vitality, and we will continue to develop strong housing policies as we build a new Virginia economy.”)