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VAMA News
  
Across the country, cities and states are revamping zoning laws, reducing parking requirements, and offering tax incentives to make rental housing easier to build, particularly affordable units. Accessory dwelling units (ADUs) have become a popular strategy, with states like California and Arizona legalizing them by-right, significantly boosting annual ADU production. Projects like Samuel Madden Homes in Virginia and One Sunset in Brooklyn showcase how zoning revisions and transit-friendly policies are driving new development. 
Source: Multi-Housing News
  
Committees are established to assist in the governance of NAA and NAAEI. They represent, involve, and serve members while providing a framework for educating future leaders of the association. They promote member participation in problem-solving and provide a forum for the many interests within the association, utilizing the experience, knowledge, and skills of our members.  All new and previous volunteers should complete an application no later than September 1 if they wish to be considered.
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Drucker + Falk (DF) has been named a Greatest American Cleanup Ambassador by Keep America Beautiful following its most impactful clean-up initiative yet. In just two months, 278 team members volunteered over 1,100 hours at 18 events across seven states, collecting more than 325 bags of trash. The effort, supported by DF’s ‘Day of Giving’ program, highlights the company’s strong culture of service and community pride.
Source: Drucker + Falk
  
Celebrate maintenance professionals with MAINTENANCE LEGENDS™, a program from NAA and HD Supply, featuring stories that make them legendary! Three winners will be selected each month for their tales of going above and beyond for their rental housing communities. At the end of each season, one Maintenance Legend will drive away with an amazing grand prize. 
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Virginia Housing Development Authority
Build Your Skills
Authentic, engaging social media content is becoming a powerful tool in the leasing process, creating emotional connections with prospects before they even visit a property. By showcasing real people, using short-form video, and incorporating interactive posts, communities can stand out in a crowded feed and drive genuine interest.
Source: Multifamily Executive
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VAMA Governance Meetings
21
Aug 2025
 
9
Sep 2025
 
9
Sep 2025
 
9/9 Central Virginia
9/9 Hampton Roads
9/10 New River Valley
9/11 Roanoke Lynchburg
9/16 Blue Ridge
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Development News
As part of Albemarle County’s long-term Places29 Master Plan, new affordable housing developments are emerging along U.S. 29. The Woda Cooper Companies have proposed a 92-unit community called Burley Pointe, while construction is already underway on the former Red Carpet Inn site for dozens of affordable units. These projects reflect gradual progress toward the plan’s vision of incorporating more mixed-use communities with accessible housing options.
Source: C-Ville Weekly
Shamin Hotels is partnering with developers George Emerson and Phil Roper to build a 200-unit apartment community at Chestnut Hill Road in Chester, part of a larger mixed-use development that includes a hotel and two restaurants. The apartments would be housed in two four-story buildings and modeled after The Jane at Moore’s Lake. The group is seeking county approval and hopes to begin construction next year, with the project estimated at $50 million.
Source: Richmond BizSense
Metropolis at Innsbrook, a 402-unit apartment community in Henrico County, has sold for $98 million to Foxfield and Park Row Equity Partners, marking their first investment in the Richmond market. Built in 2023, the property is 96% leased with rents starting around $1,300. While the sale included only the existing building, a second 298-unit phase has already been approved by the county and remains under Robinson Development Group's ownership.
Source: Richmond BizSense
Harrisonburg City Council has approved The Vista at Forest Hills, a student housing development on Port Republic Road that will include apartments, retail space, and structured parking. Meanwhile, the city is considering The Link, a mixed-use project proposed for downtown with up to 265 apartments, commercial space, and a 425-space parking deck. Both communities are expected to appeal to students and add housing density near JMU and the city center.
Source: WHSV
32 Fenner Apartments, a 32-unit garden-style community in Norfolk, is set for a complete renovation after being acquired from the City by Community Investment Group. The formerly government-used property will receive interior upgrades like new flooring, appliances, and lighting, along with exterior improvements such as roof repairs, landscaping, and a new playground.
Source: Connect CRE
McCann Realty Partners has acquired Reserve South, formerly named Newport Manor, a 200-unit apartment complex in South Richmond, for $33.4 million. The two- and three-bedroom community spans 21 acres and was 92% occupied at the time of sale. McCann plans modest upgrades to amenities and interiors, with management handled by its in-house team, Pegasus Residential.
Source: Richmond BizSense
Virginia Beach is eyeing new development on a 1.7-acre city-owned parking lot near the convention center, and housing could be part of the plan. The Development Authority is looking for proposals that pair a multi-story public parking garage with uses like residential, retail, or office space—especially those that complement the creative vibe of the nearby ViBe District. The site sits at 19th Street and Parks Avenue, with proposals due by October 20.
Source: Daily Press
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