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Washington County workforce housing project launches
A residential subdivision composed largely of housing intended for the local workforce is coming to Washington County. Gov. Glenn Youngkin, Ardent Development Group owner Jerome Malinay and others attended an Oct. 21, 2025, groundbreaking for the roughly 325-home Sunny Valley subdivision. “Housing’s very much needed … to facilitate and promote the future job growth, the […]
Alexandria approves 600+ housing units in Potomac Yard
Alexandria City Council approves Potomac Yard plan for 640 homes, including affordable housing, retail and open space near a Metro stop.
New York company buys Chesapeake apartments for $34.8M
Fairstead is investing $34.8 million to acquire and renovate Landmark Apartments, a 120-unit affordable housing complex in Chesapeake.
State to allocate $15M to support workforce housing
The Virginia Workforce Housing Investment program will distribute an additional $15 million to support workforce housing development.
Virginia multifamily housing market shows signs of cooling
Virginia’s multifamily housing cools with fewer new units, slower rent growth, and higher construction costs.
Northern Va. Chamber unveils road map to reinvent economy
The Northern Virginia Chamber of Commerce on Monday released a road map on reinventing the region's economy.
Richmond Realtors assoc. survey: Housing affordability tops Richmond voters’ concerns
Housing affordability and availability are the most pressing concerns for Richmond voters, according to a new citywide survey.
More sellers than buyers in housing market slowdown
U.S. housing market sees 34% more sellers than buyers as of April, with fewer home shoppers than any time since 2013, Redfin reports.
Barkin: Affordable housing key to rural economic growth
Richmond Fed President and CEO Tom Barkin said affordable housing and workforce investment are driving population and economic growth in small towns across the Fifth District.
60,000 Americans to lose their rental assistance and risk eviction unless Congress acts
Moments after Daniris Espinal walked into her new apartment in Brooklyn, she prayed. In ensuing nights, she would awaken and touch the walls for reassurance — finding in them a relief that turned to tears over her morning coffee. Those walls were possible through a federal program that pays rent for some 60,000 families and […]
Riverdale project moves forward in Roanoke
Work on the $50 million-plus Riverdale mixed-use redevelopment planned for more than 126 acres on the sprawling former campus of American Viscose, a rayon plant that closed in the late 1950s, is moving right along. Developer Ed Walker shared a lengthy written update on the project Jan. 24 that included a rendering of a 267-unit […]
Roanoke EDA delivers on Artspace funding
Artspace, a Minnesota-based nonprofit that develops affordable housing for artists and creative spaces, plans to build a mixed-use affordable housing project for artists and their families in Roanoke, at the massive Riverdale redevelopment project planned for the Southeast quadrant of the city. “This will be their first Virginia project,” Duke Baldridge, vice-chair of the Roanoke [&helli[...]
