{login}
 
 

Sharing Information, Resources at the

Virginia Housing Preservation Symposium

Fairfax, VA--As our nation struggles to address serious shortages in housing for low- and moderate- income households, many states and localities are beginning to create regionalized answers within the scope of their resources and authority.

About 100 of the state's affordable housing leaders joined in the Virginia Housing Preservation Symposium in Fairfax on June 18 to discuss strategies and options to preserve affordable housing in Virginia.

In his welcoming remarks, Michael Bodaken, president of the National Housing Trust, emphasized that affordable housing preservation is a national issue but a local challenge. "While preservation is a national challenge, the wide variety of local conditions requires a local, special response," he said. "Intervention requires a local understanding of the market, the population, and the support for preservation at the local and state level."

Panel members shared resources and tools available for preservation work in the state of Virginia from government agencies and capital sources, as well as in depth case studies from affordable housing leaders who do preservation work in Virginia and in other parts of the country. The day-long dialogue ended with a town hall discussion among all of the participants, who generated a list of the remaining challenges and needs in order to preserve Virginia's affordable housing.

Jane Henderson, president of Virginia Community Capital (VCC), said this was perhaps the most telling part of the event. "Preservation is a statewide issue," she said. "Today we were able to network and share resource, which is a great start to developing a statewide policy initative."

Presentations

Opening Remarks

Government Resources

Financing Options

Keynote Speaker

Case Studies



Hosted By:

 

 

 

Sponsored By:

 

 

{name}
{summary}

No records

Current Needs for Preservation

  • Statewide preservation toolkit for Virginia
  • Connect the affordable housing preservation message to economic development and smart growth
  • Flexible capital and support for smaller deal, as well as patient permanent gap financing
  • Include various stakeholders such as property owners and for-profit developers in the preservation discussion
  • Technical assistance and capital for smaller developers to hire organizational development support
  • Create incentives to incorporate green building practices in preservation/rehabilitation work
  • Click here to read more from the Town Hall Discussion

Resources