January 2, 2018

Blueprint Virginia 2025 Features Housing Components

The Virginia Chamber of Commerce recently released Blueprint Virginia 2025, a comprehensive initiative that provides business leadership, direction, and long-range economic planning for Virginia. In this report, housing is directly tied to providing a strong workforce and education, one of the six pillars of a growing economy.

Blueprint Virginia 2025 calls for housing programs that will support the needs of our growing population. According to the study, by 2025, Virginia’s population will add over 1 million more residents. Virginia will need a workforce to fill 800K more jobs, in addition to the 1 million jobs vacated by a retiring workforce.

To strengthen and secure the Commonwealth’s position as a global economic leader and the best state in the nation for doing business, the report provides the following recommendations for all stakeholders:

Enact policies to support workforce housing, including addressing land use issues and constraints on the construction and housing industries.
Continue to support state incentives and programs that promote housing development and redevelopment efforts in our communities.

VHDA Executive Director Susan Dewey served as a member of the Blueprint Virginia 2025 Advisory Council. As a stakeholder, VHDA will use the report to continue to support Virginia’s economy by providing quality, affordable housing.

Read the report: https://www.vachamber.com/advocacy/blueprint-virginia/   
Watch the video: https://www.youtube.com/watch?v=SQBwlUeQCwA&feature=youtu.be

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