Snapshot

Virginia Apartment Management Association

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.

Visit https://www.cnn.com/2018/06/25/us/iyw-nonprofit-shelters-to-shutters/index.html to view the full article online.

 
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.

Visit https://www.wsj.com/articles/u-s-rental-rates-flatten-in-major-cities-as-supply-floods-market-1530097200 to view the full article online.

 
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.

Visit http://www.nbc29.com/story/38452822/city-council-community-look-deeper-into-affordable-housing-issues to view the full article online.

 
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.  

Visit https://www.naahq.org/about/naaei/alex-jackiw-scholarship to view the full article online.

 
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.

Visit https://www.naylornetwork.com/vam-nwl/articles/index-v2.asp?aid=511484&issueID=58023 to view the full article online.

 
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Drucker and Falk, LLC
Keyper Systems
Development News
Hampton City Council voted to make some downtown properties avaiable for sale and redevelopment.

Visit http://www.dailypress.com/news/hampton/dp-nws-hampton-development-vote-20180612-story.html#nws=true to view the full article online.

 
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.

Visit https://www.richmond.com/news/local/henrico/renovation-deal-for-hope-village-apartments-in-henrico-gets-extra/article_5fdbae1a-096d-512d-b345-a56f85c6ec09.html?utm_source=BizSense+Backup&utm_campaign=ba54822afd-EMAIL_CAMPAIGN_2018_06_28_02_57_COPY_01&utm_ to view the full article online.

 
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.

Visit https://www.dailyprogress.com/news/local/city/six-companies-apply-for-crha-development-partnership/article_b6a40e46-78de-11e8-9e25-8f1b088892f3.html?utm_source=BizSense+Backup&utm_campaign=08dc307b37-EMAIL_CAMPAIGN_2018_06_27_02_29_COPY_02&utm_medium=emai to view the full article online.

 
The $49 Million dollar development called The Reserve at Rivington is proposed along the 6300 block of Rivington Drive in Chesterfield County.

Visit https://richmondbizsense.com/2018/07/09/106245/?utm_source=BizSense+Backup&utm_campaign=b37ba9ae79-EMAIL_CAMPAIGN_2018_07_09_01_22_COPY_01&utm_medium=email&utm_term=0_916386f49f-b37ba9ae79-148081777 to view the full article online.

 
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.

Visit https://richmondbizsense.com/2018/07/10/apartments-rise-libbie-mill/?utm_source=BizSense+Backup&utm_campaign=d850e60894-EMAIL_CAMPAIGN_2018_07_10_02_38_COPY_01&utm_medium=email&utm_term=0_916386f49f-d850e60894-148081777 to view the full article online.

 
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.

Visit https://richmondbizsense.com/2018/07/11/nonprofits-19m-apartment-project-homeless-way-carver/?utm_source=BizSense+Backup&utm_campaign=a5887bed68-EMAIL_CAMPAIGN_2018_07_11_02_15_COPY_01&utm_medium=email&utm_term=0_916386f49f-a5887bed68-148081777 to view the full article online.

 
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The Virginia Apartment Management Association
An Affiliate of the National Apartment Association
2812 Emerywood Parkway, Suite 231, Richmond, VA 23294

Phone: (804) 756-VAMA
info@vamaonline.org