Monthly Archives: November 2022

Charlottesville seeking applicants for housing funds

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Charlottesville City Council adopted an affordable housing plan in March 2021 that calls for $10 million a year in investment in programs and initiatives to expand the amount of units that are guaranteed to be rented or sold to people with incomes below sixty percent of the area median income. 

On Tuesday, the city announced it is seeking proposals from groups for city funding to help subsidize the cost of major projects. 

“This application process is open to those multi-family affordable housing development projects, proposed to be located within City limits, that may be requesting significant investment consideration for which developers may be desiring to ask the City to assist with gap funding,” reads the press release for the announcement.

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CAAR: Sales continue to slow; Prices continue to climb

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Housing sales have been down for five consecutive quarters in the region covered by the Charlottesville Area Association of Realtors. The group released their quarterly report today. 

“There were 1,206 home sales in the CAAR region during the third quarter of 2022,” reads page 2 of the report. “This is 192 fewer sales than this time last year, which is a 14 percent drop.”

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Fifth District Chambers of Commerce have questions for Good, Throneburg: Opening statements

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There are now six days until Election Day and as of yesterday, 688,302 Virginians have voted early. That’s according to data collected by the Virginia Public Access Project. About a tenth of that number comes from the Fifth District where Democrat Josh Throneburg is looking to unseat Republican first-term incumbent Bob Good.

Both candidates sat down virtually with leaders from the Charlottesville Regional Chamber of Commerce, the Lynchburg Regional Business Alliance, and the Danville-Pittsylvania Chamber of Commerce.

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Regional Transit Vision Plan nearing completion

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Tonight the Board of Commissioners of the Thomas Jefferson Planning District Commission will see the final version of a plan intended to show the way for a more frequent and more reliable public transportation system. 

“The Regional Transit Vision plan is a 28-month $350,000 project supported by the [Virginia Department of Rail and Public Transportation], the city of Charlottesville, Albemarle County, and the [Thomas Jefferson Planning District Commission],” said Lucinda Shannon, a transportation planner with TJPDC. “We used data and community engagement to establish a unified long-term vision for transit services in the Charlottesville area.” 

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