A weekly digest of current trends in housing and community development. The discussion examines topics from infrastructure to community fabric.
Apply now for the Vibrant Community Initiative(RECAP: Virginia’s Vibrant Community Initiative will combine multiple funding sources from the Virginia DHCD to support local or regional comprehensive community-based projects including affordable housing and community and/or economic development components. Approximately $5 million in DHCD state and federal resources will be set aside to provide project financing for this initiative.)
Housing counseling should help with more than just homebuying(RECAP: Foundations, financial institutions, and government programs are eager to support strategies that improve the financial health of American families. Housing counseling is a proven, powerful tool for helping families get their financial footing. It should be used to support families interested in homeownership and those who are not.)
Guide to Leveraging Brownfields Revitalization(RECAP: In 2015, the EPA marked the 20th anniversary of the Brownfields program and launched its Next Generation Brownfields initiatives to promote improved approaches for supporting American communities in their revitalization efforts. “Setting the Stage for Leveraging Resources for Brownfields Revitalization” is a guide published by the EPA that explores how communities can prepare to successfully leverage funding and other resources for brownfields revitalization.)
Affordable Housing: ‘Not Nearly Enough’(RECAP: The majority of rental units being built over the past several years have been high end, luxury product, and not nearly enough affordable product. Even with the expansion of the LIHTC program that the Affordable Housing Credit Improvement Act of 2016 would entail, demand will continue outpacing supply.)