That all Virginians should have access to high-quality, affordable housing in suitable locations. Housing Virginia was founded in 2004 as a nonprofit, 501(c)(3) organization, believing that its mission is to increase access to high-quality affordable housing in suitable locations for all Virginians
Housing Virginia began its work with a statewide marketing strategy that drew attention to the critical need for more affordable housing options within the Commonwealth. Over the past 10 years, the organization has expanded its approach to address the specific housing development challenges unique to each region within Virginia.
Housing Virginia strives to increase the supply of affordable housing choices by providing state and local leaders with up to date housing research, proven approaches and effective community education strategies. Together with a diverse group of stakeholders in localities across the commonwealth, Housing Virginia works to dispel common myths about affordable housing and the concerns that those myths create through education and the demonstration of successful methods. Housing Virginia does not finance or produce affordable housing for consumers, nor does it directly lobby for legislative changes; rather, Housing Virginia enhances the success of organizations that work in these areas by providing a network of experts, accurate and up to date information, and proven techniques to support their efforts.
SOURCEBOOK reflects a joint effort of Housing Virginia, the Virginia Association of REALTORS, and the Virginia Center for Housing Research at Virginia Tech that allows users to access a wide range of affordability measures and housing market activity indicators to determine housing need in Virginia. Since its launch in 2010, HV has also added tools such as a “Paycheck to Paycheck” feature that shows if workers in selected occupations can afford to own housing based on their average salaries, an Affordability Calculator that shows the maximum rent or home price affordable based on income by jurisdiction, and an Economic Impact Calculator that shows the economic benefits of affordable housing to local communities.
Since 2010, Housing Virginia has produced topical research paired with policy symposia around the state to demonstrate how affordable housing is linked to other policy areas. Starting with “Housing & Transportation” regional symposia in 2010-11, we have continued with “The Effects of Housing on the Local Economy” in 2012, “A Symposium on Federal Housing Policy Change” in 2013, and “Housing & Schools” symposia in 2014 and 2015.
An extensive online database that provides information about affordable housing programs by type and location. Housing Virginia guides stakeholders to next steps using PLAYBOOK, a tool that shows successful approaches that are being used in other areas across the state, so they do not need to “re-invent the wheel.” In this way, Housing Virginia is providing information about housing need first, and then helping further by showing options for addressing that need.
Since 2013, Housing Virginia has been working on a project series that encompasses a wide range of tools, resources, and training under the umbrella of “Overcoming NIMBY (Not In My Back Yard)”. In a project called “Housing StoryWorks”, Housing Virginia produced 32 short video interviews with affordable housing providers, clients, and supporters to highlight the value and need for quality affordable housing throughout Virginia. These videos are available online for anyone to use in presentations, meetings, or PSA campaigns.
In 2015, Housing Virginia & the Virginia Center for Housing Research at Virginia Tech released a groundbreaking study titled “The Impact of Energy Efficient Design and Construction on LIHTC Housing in Virginia”. This study used actual utility usage data from Low Income Housing Tax Credit properties all over the state of Virginia to compare to savings projections developed by the state’s leading energy efficiency features certifying organization, EarthCraft Virginia. The results show that, on average, energy efficient apartments perform 17% better than their forecast consumption and their residents save an average of $648 a year on their electricity bills. At someone earning only 30% of the Area Median Income, this makes their home almost 10% more affordable.
Indirect Public Support HelpIndirect public support represents revenue received through solicitation campaigns. This includes funding United Way and other federated fundraising organizations, but does not include donor designated contributions.
Earned Revenue HelpEarned revenue represents income generated in direct exchange for a product or service.Earned income includes income from government contracts.
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