Registration for VAMA's Lobby Day on January 30, 2020 is open and waiting for YOU! If you have never attended, don't worry, VAMA assigns group leaders so you will have a guide. Register today! Visit https://www.vamaonline.org/events/EventDetails.aspx?id=1310077&group= to view the full article online.
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In the long run, rent control makes rent more expensive - NAA has the data - NAA members should get up to speed and spread the word.
Visit https://www.globest.com/2019/12/27/apartment-affordability-answers-boom-or-boomerang/?slreturn=20200007131954 to view the full article online. |
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A Virginia Legislator is introducing legislation to eliminate the "single family" zoning designation to allow for denser development on all land such as duplexes.
Visit https://dcist.com/story/20/01/06/legislators-in-virginia-and-maryland-are-taking-aim-at-zoning-for-single-family-homes/ to view the full article online. |
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After years of passing legislation attempting to solve their housing crisis, California is finally focusing on making it easier to build housing.
Visit https://www.mercedsunstar.com/news/california/article238910033.html to view the full article online. |
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The best way to make housing affordable is to build more housing.
Visit https://fee.org/articles/yes-in-my-backyard-the-key-to-affordable-housing-is-more-housing/ to view the full article online. |
Visit https://www.vamaonline.org/page/VAMAScholarshipInfo to view the full article online.
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Apartment deals are priced at unprecedented levels. Check out what cap rates have been and predictions of the future.
Visit https://www.richmond.com/business/commercial-mortgages-apartments-deals-continue-to-get-priced-at-unprecedented/article_5388057c-9787-5177-b23f-cb48267d625b.html to view the full article online. |
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A 207-unit community is nearing completion with 27 leases signed from October - Mid December when residents began occupying.
Visit https://richmondbizsense.com/2020/01/02/shaia-completing-200-unit-apartment-project-in-mechanicsville/ to view the full article online. |
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A company seeking approval for student apartments on Virginia Avenue was surprised by the City's new process. In the past "partial" approvals have been issued by the City but that will no longer be the case.
Visit https://www.cvilletomorrow.org/articles/development-digest-more-student-apartments-planned-for-virginia-avenue/ to view the full article online. |
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2019 Commercial Real Estate Review.
Visit https://richmondbizsense.com/2019/12/23/riding-high-richmonds-commercial-development-year-in-review-for-2019/ to view the full article online. |
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The Hill Building in Richmond's downtown sold at $166,666 per unit.
Visit https://richmondbizsense.com/2019/12/20/salomonsky-sells-shockoe-slip-apartments-building-for-8m/ to view the full article online. |
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Chesterfield County has approved a project to bring 1250 more housing units, a hotel and other commercial space to the former Cloverleaf Mall area.
Visit https://www.richmond.com/news/local/government-politics/chesterfield-planners-endorse-plan-to-build-up-to-housing-units/article_fc941ccf-5f62-50c2-a82e-547c026fcfc6.html to view the full article online. |
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RRHA planned to tear down public housing and replace a with mixed use community. HUD rejected the plan citing concerns regarding availability of housing at lower rent levels.
Visit https://vpm.org/news/articles/9053/rrha-must-resubmit-agency-plans-to-federal-government-following-rejection to view the full article online. |
