Prince William County, Hit Hard by Housing Crisis, To Get $30 Million

Prince William County, which was hit hard by the housing market collapse in 2008, will be getting $30 million from two major financial institutions and a Virginia housing agency, reported The Washington Post on Monday.
The funds will primarily be used to clean up vacant homes and create 1,500 affordable rentals for displaced residents. The money is coming from Bank of America, General Electric, and the Virginia Housing Development Authority. Five years ago, there were as many as 20,000 homes in foreclosure in the county.
For the full story, check out the Post.
See other articles related to: prince williams county, housing crisis
This article originally published at http://dc.urbanturf.com/articles/blog/communities_in_prince_william_county_impacted_by_housing_crisis_to_get_30/7145
Most Popular... This Week • Last 30 Days • Ever

DC's homebuyer assistance programs can be a bit complex. This edition of First-Timer ... read »

A look around DC to see where home sellers are dropping their prices.... read »

Just a month after setting a new high in March, the value of a house in DC skyrockete... read »

The new five-level residential project is planned for the buildings at 1365-1375 H St... read »

The grocer has announced plans for other stores in Skyland and Columbia Heights.... read »
- First-Timer Primer: DC's Home Buyer Assistance Programs
- Where Are Home Sellers Dropping Their Prices in DC?
- $1.4 Million: The Price for a House in DC Hit a New High in April
- A 50-Unit Development is Pitched For Recognizable Buildings Along H Street
- Lidl to Open Its Third DC Location at New 700-Unit Tenleytown Development
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Visit guides.urbanturf.com or start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro