Tag: housing
DOJ charges landlords with rent collusion
The U.S. Department of Justice filed a complaint Jan. 7 against six of the nation’s largest landlords accusing them of colluding in algorithmic pricing schemes that result in overcharging renters. That complaint is part of the Justice Department’s antitrust lawsuit filed in August against RealPage, a property management software company. According to the DOJ, RealPage … Continued
Waitlist opens this week for affordable housing for seniors
The Fairfax County Redevelopment and Housing Authority is opening the waitlist for affordable housing at nine properties for older adults on Jan. 13 at 8 a.m. The application window closes at 11:59 p.m. on Jan. 19. Applications must be submitted through Rent Café. Instructions for creating an account on Rent Café are available here. To … Continued
Leasing underway at Alta Nova apartments
Construction of the Alta Nova apartments in Bailey’s Crossroads is nearly complete, and the first two tenants moved in on Jan. 6, says Moustafa Khan, community manager with Greystar, the company managing the building. Alta Nova, at 5851 Columbia Pike, has 361 apartments. Thirty-five have been leased, Khan says. The project also includes three townhomes … Continued
RFP issued for affordable housing developer
The Fairfax County Redevelopment and Housing Authority has issued a request for proposals for a developer to plan, design, construct, and operate affordable multifamily housing on a site it owns in Bailey’s Crossroads. The 2.93-acre property is located at 5827 Columbia Pike between Radley Acura and the nearly completed Alta Nova apartments. FCRHA wants to … Continued
Strong housing market predicted for 2025
The housing market in Northern Virginia will continue to show strength in 2025, the Northern Virginia Association of Realtors reports. A forecast released Dec. 17 by NVAR conducted in conjunction with George Mason University’s Center for Regional Analysis predicts moderate price increases and higher levels of market activity. “We’ve seen Northern Virginia’s housing market improve … Continued
Seven Corners apartments have a new owner
The Jefferson, a 310-unit apartment building in Seven Corners, has changed hands, the Washington Business Journal reports. Eagle Rock Properties acquired the complex, at 6166 Leesburg Pike, on Nov. 20 from Capital Investment Advisors LLC for $65.65 million. The current assessed value for the property is $66.3 million, according to Fairfax County land records. The … Continued
Annandale resident lost everything in a fire
Kitty Dragonera wouldn’t be alive today if she hadn’t gotten up at 3 a.m. to go to the bathroom on Nov. 23. When she opened the bedroom door, she found the carpet and couch in the living room were on fire. By the time the smoke detector went off, flames were shooting up the walls. … Continued
Annandale has one of the highest rent increases in the DMV
Rent increases in Annandale are among the highest in the Washington, D.C., region.
Developer sought for affordable housing in Bailey’s Crossroads
Fairfax County plans to issue a request for proposals by the end of 2024 seeking a developer to build affordable housing on Columbia Pike in Bailey’s Crossroads.
Multifamily buildings proposed for Alexandria’s West End
Two apartment projects are in the works for Alexandria’s West End.
Anti-terrorism law requires burdensome reporting rules for HOAs
HOAs will face significant, burdensome reporting requirements, beginning Jan. 1, 2025, under the Corporate Transparency Act (CTA).
County expands eligibility for affordable homeownership
The Fairfax County Board of Supervisors approved a measure to lower the eligibility threshold for the county’s affordable homeownership program.
Apartments approved for Landmark area
The Alexandria City Council on June 15 approved the development of multifamily housing in the Landmark area. Snell Properties plans to raze a five-story office building at 6101 Stevenson Ave. and replace it with a seven story, 271-unit multifamily building. The building will have one, two, and three-bedroom units; 248 will be market-rate, 23 will … Continued
FXCO reports on demographic trends
Fairfax County’s population is holding steady, while household incomes and housing costs have increased, according to the 2023 demographic report by the Department of Management and Budget. The county’s population in 2023 was 1,185,980. That’s a 1.1 percent increase from 2022, mirroring pre-pandemic growth rates. By 2050, Fairfax County’s population is expected to be 1.38 … Continued
Multifamily housing proposed for Seven Corners
Southern Management, the owner of the Cavalier Club apartment building in Seven Corners submitted a rezoning proposal May 31 to allow the construction of a new residential mixed-use building and a parking garage. Cavalier Club is located at 6200 Wilson Boulevard in a corner of Mason District bordering Arlington County and the City of Falls … Continued