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
UrbanTurf has compiled virtual looks at large new developments around the DC region.... read »

To illustrate the rise in prices, UrbanTurf analyzed four charts that show the path o... read »

The hyper-competitive, ever-shifting conditions of the DC-area housing market are cha... read »

Since the last time UrbanTurf took a look at the South Capitol Street corridor, over ... read »

A new condominium and townhome community called Venue will debut the best views and m... read »
- A Virtual Tour of More Than 35 DC-Area Developments
- The 9-Year Trajectory of DC Home Prices in Four Charts
- The Price is Right? How Home Pricing and Buying Strategies Are Changing in DC's Competitive Market
- 1,900 Units Down, 1,900 to Go: The Status of the South Capitol Street Pipeline
- Old Town's Newest Riverside Development Is Already Over 50% Sold
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
1 Comment