Fredericksburg.com - Will region take on housing? AFFORDABLE HOUSING A TOP NEED THE BASICS OF THE PLAN WHY SEEK REGIONAL SOLUTION?

search local
Follow us on Twitter Find us on Facebook

Get a printer-friendly version of this page. E-mail this story to a friend.
Make a post about this story on FredTalk.

Will region take on housing? AFFORDABLE HOUSING A TOP NEED THE BASICS OF THE PLAN WHY SEEK REGIONAL SOLUTION?
Regional task force unveils plans for affordable housing in the Fredericksburg area

Date published: 10/3/2008

BY AMY FLOWERS UMBLE

This summer, two teachers, a firefighter and a school bus driver showed up at a class for first-time home-buyers.

They and the 11 other class members thought the tide of foreclosures would translate into cheaper houses and the opportunity to own their own homes.

Those 15 potential home-buyers also represent hope for a gloomy housing market. First-time home-buyers aren't only the most enthusiastic clients, said Realtor Vickie Clark-Jennings, but they help drive the market by buying houses in the lower price ranges.

Still, most of the would-be buyers couldn't find a deal among the more than 500 foreclosed homes in the Fredericksburg area, said Cheri Miles, a counselor with the Central Virginia Housing Coalition and teacher of the home-buyer class.

The majority of the houses they saw had been damaged by the previous occupants. Appliances and light fixtures ripped out, carpets torn up and walls spray-painted.

"Teachers, firefighters come in with basic wages, looking for their first house," Miles said. "They save up enough to get into the home--the down payment, the closing costs--but they're not walking into this thinking, 'Oh, I have to have eight grand just to make the house livable.'"

A plan proposed by the regional Affordable Housing Task Force could get help for Miles' students and other area residents trying to buy a home.

The idea is for local governments to band together to purchase foreclosed homes, fix them up and sell them at an affordable price.

"It is in our best interest to get these properties back up, with people living in them," said Fredericksburg City Councilman Matt Kelly, who serves on the task force.

He and other members proposed the idea using credit from area banks. But in July, the federal government sweetened the pot when Congress passed the Housing and Economic Recovery Act.

That legislation gives $3.9 billion to localities nationwide for buying and rehabbing foreclosed homes. The task force doesn't know yet just how much could come to the Fredericksburg area, but estimates $5 million.

The Department of Housing and Urban Development federal government encourages localities to apply for the money. Leaders of the George Washington Regional Commission, which ran the task force, hope local governments will work together to make this housing more affordable regionally.


1  2  Next Page  

Under the proposed plan, localities could join together to apply for money through the U.S. Department of Housing and Urban Development. A regional commission created to address affordable housing would buy foreclosed homes--possibly getting discounts for buying multiple properties.

The regional group would then rehab the homes and sell them for the cost of the house plus renovations.

Additionally, the task force members hope localities will waive some permit fees and streamline the approval process to keep the cost of the properties down.

The group would recruit and approve home-buyers who can pay the mortgage but who need a home at a lower cost.

Kevin Byrnes calls the project For Sale By Region.

--Amy Flowers Umble

In 2002, when the Rappahannock United Way surveyed area residents, affordable housing showed up as one of the top local needs. Five years later, it topped the list.

Next time, "I hope it's not the Number One issue," said RUW President Stephen Batsche.

A committee formed after the first Community Needs Assessment, and the Affordable Housing Task Force started after the results of last year's assessment were released.

The need continued to rise as housing prices soared through early 2007. The area's population of those living in motels and those seeking foreclosure help jumped this year.

Foreclosures offer cheaper housing options, but government-backed loans require houses to be in good condition, and many foreclosures in the lower price range aren't.

The area has long wanted a regional solution to the affordable housing crunch. Area leaders also discussed a regional housing authority by 2004 but never reached a consensus. The predecessor of the George Washington Regional Commission often talked about affordable housing but no solution ever developed.

Politics often get in the way of regional fixes, and smaller counties worry their interests would be lost in the fray with larger localities.

Caroline County Supervisor Bobby Popowitz said, "We just need to make sure our voices are heard."



Date published: 10/3/2008



Most recent reader comments:

Viewing all 2 comments. (Sorted in reverse order, with most recent post at the top.)

Display comments on this page. | Sort:

PLEASE READ: These reader comments are not moderated. Each user is solely responsible for any message (s)he posts here. The Free Lance-Star does not endorse the views expressed within these comments. All users who post to this Web site must agree to the terms of the FredTalk User Agreement. We rely on our readers to police themselves, and report any content that violates our User Agreement. In accordance with our User Agreement, we reserve the right to remove any post at any time for any reason, and will restrict access of registered users who repeatedly violate our terms. Any reader can report inappropriate content by clicking the "Report this post to admins" link at the bottom of each comment. You need not be registered to report a post.

Ohhhhhhhhhh Bobby (posted by Burqajoint , May 11, 2009 6:26 pm)    0 likes
Back then Popowitz was concerned with people's voices being heard but lately he has been seeing to it the voices of the people are stifled with his development committee. To be heard, residents have to fill out a survey that was never mailed. Meetings are practically held in secret, too. Most committee members are from areas least affected, but BobbyP found room someone who does not live in the county, but is an employee of a developer

As the housing mkt dwindles (posted by Tamerlane , Oct. 3, 2008 7:26 am)    0 likes
1st time buyers should strike while the iron is hot. However, too often "affordable housing" should be replaced with "greedy developers." Now that housing is slumped, they will be trying even harder than usual to suborn the toadsuckers in Richmond.

What do you think?
Enter your FredTalk username and password to post a comment on this story. If you are registered on FredTalk or another part of this site, use that login here. Otherwise, you can just REGISTER here... .

Posting guidelines

1. Be respectful. No personal attacks.
2. Please avoid offensive, vulgar, abusive, hateful or defamatory language.
3. Agree to read & follow THE RULES.
4. Use the "report to admins" link for posts which violate the rules. 5. Keep it on-topic. Posts which contribute nothing of value to the conversation will be deleted.

Username:
Password:

Post title:


Please keep it brief (Limit is 512 characters). Please note, attempts to circumvent this limit by making
multiple posts back-to-back (ex: 'continued', 'part1, 2', etc) will be deleted.

Please make sure CAPS LOCK is off. Posts in ALL CAPS will be deleted.)


By checking this box, you agree to the terms of the FredTalk User agreement.









The Free Lance-Star fredericksburg.com 93.3 WFLS Print Innovators Classic Rock 96.9 99.3 The Vibe wntx radio