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VAMA News
Shelter to Shutters, a nonprofit organization provides pre-screened candidates coming out of situational homelessness for entry level positions with their apartment industry partners.  Check out this video and call Shelters to Shutters today to find out how you can become part of this great project.  There are already management companies in VA participating with wonderful results...yours could be next.  Contact Kristen Fagley for more information.  kristen@shelterstoshutters.org.  
 
Check out the CNN report by clicking below.
It's a great time to rent.  Major U.S. cities are noting a flattening of rent and an increase in rent specials and incentives.
Virigina Tech students are engineering new solar homes and they hope to change the future of building worldwide.
The City Council was presented with a report on housing in the Charlottesville area and were urged to read it in detail.  The City is working on a housing plan which will take at least a year.
First Atlantic Restoration Inc
Belfor USA
Build Your Skills
The Alexandra Jackiw Diversity and Inclusion Scholarship will be awarded to one industry professional per program each year who are ready to advance their careers through NAAEI credentials.  
Two new laws that went into effect are detailed in the article.  Smoke alarm certificate laws and changes to the process to accept rent with reservation are highlighted and a link to the new VRLTA is included.
Calendar Highlights
 
   
RLRAC 2018 Star Award Nominations
CVAA 7/20/18 Annual July Breakfast
HRAC 7/20/18 Morning Coffee Meeting
CVAA 7/24/18 Fair Housing Certification
CVAA 7/26/18 VRLTA Lease Basics - Fredericksburg
HRAC 7/24/18 Not Your Mother's Marketing Course
RLRAC 8/02/18 Baseball Networking Event (Lynchburg)
HRAC 8/8/18 Reverse Trade Show Breakfast
HRAC 8/9/18 Everyday Financial Management Seminar
CVAA 8/10/18 Morning Coffee Meeting
BRAC 2018 Prestige Award Nominations
HRAC 8/17/18 Morning Coffee Meeting
BRAC 8/28/18 Mix & Mingle
CVAA 8/30/18 Everyday Financial Management Seminar
RLRAC 8/31/18 - Baseball Networking Event (Salem)

Drucker and Falk, LLC
Keyper Systems
Development News
New zoning around Innsbrook will bring new apartments.  One father/son team leads the way.
Hampton City Council voted to make some downtown properties avaiable for sale and redevelopment.
A Boston buyer purchased Gallery Midtown from Spy Rock Real Estate.
Hanover County is evaluating a $750 Million Mixed Use project.
Cottage Trails at Culpepper Landing, 183 units, sell for $30 Million to Steadfast Apartments.
The Williams Bridge Co. facility, which is visible from I-95 is under contract.  Buyers hope for large mixed use project zoning.
Mayton Transfer Lofts in Petersburg sells for $21.5 Million to Richmond based Capital Square 1031.
The Suffolk Redevelopment and Housing Authority will finance the additional funds to help pay for a $4.2 Million rehablitiation to stabilize the affordable housing community in Henrico.
The latest plan to finish converting the 3 football field long builidng on Overbrook Road now incudes a restaurant component.
Charlottesville's Redevelopment and Housing Authority is entertaining bids from 6 businesses that want to help redevelop the property at South First Street and on the corner of Levy Avenue and Avon Street.
The historic building was renovated into apartments in 2002 and has 154 units.
Liberty Place calls for 85,000 square feet of commercial space and 308 parking spaces along the 600 block of William Street.
The $49 Million dollar development called The Reserve at Rivington is proposed along the 6300 block of Rivington Drive in Chesterfield County.
Apartments range from studios to three-bedroom units, with floor plans ranging from 455 to nearly 1,300 square feet. Monthly rents start at just over $1,000.
VHS to begin construction to add 33 apartments to existing Carver building.  The project focuses on alleviating homelessness by providing stable housing and other services.