The Housing Opportunity through Modernization Act Reforms Federal Housing Administration Project Approval Requirements | Lexology
Since 2009, condominium associations have raised concerns about changes to the Federal Housing Administration (FHA) project approval requirements and…
Association books and records are the subject of considerable scrutiny, in and out of court. Association members demand and are entitled to access to…
On December 8, 2016, the Virginia Supreme Court issued (another) unpublished order in a matter involving a property owners association. This order, in Bodak, et al. v. Mayne, et al., finds that a private easement exists on a lot for access of the Shenandoah River that was established on a subdivision plat.
The full opinion and more info available after the jump.
HEATHER GRAHAM v. COMMUNITY MANAGEMENT CORPORATION (Record Number 161066)
From The Circuit Court of Fairfax County
Date Granted: 11-03-2016
The Community Associations Institute Government Affairs Blog reports here that President Obama has signed H.R. 3700, the Housing Opportunity through Modernization Act, making the Act federal law.
According to the patron, Congressman Blaine Luetkemeyer’s (MO-03), the legislation includes provisions to:
- Ensure that veterans have fair access to housing and homeless assistance programs.
- Authorize the Rural Housing Service single family housing guaranteed loan program to delegate approval authority to preferred lenders.
- Extend the period for which a family could use a family unification housing voucher and increase the ceiling for the Family Unification Program voucher age requirement.
- Provide a thoughtful limitation on public housing tenancy for over-income residents.
And, as reported previously, H.R. 3700 reforms the process used by the Federal Housing Administration (FHA) to determine if condominium unit owners qualify for a mortgage with FHA insurance (FHA does not originate mortgage loans, but instead insures mortgages against default).
The full text of the bill is available after the jump.
What happens to land proffered during development that is not used by the locality? Usually, nothing.
In 2003 Fredericksburg proffered (required the developer give to the City) a 27-acre site for use as a high school during the development of The Village of Idlewild. Instead of building a new school on the site, the City rebuilt its James Monroe High School on the existing property.
Now, the City owns several vacant lots within the Village of Idlewild and community association volunteer leaders are asking city officials to put at least one of the lots to better use – to build a park for use by City residents.
The first condominium to be built under Fairfax County’s plan to transform Tyson’s Corner will be The Arbor, a 25-story luxury high rise on the corner of West Park Drive and the Jones Branch Drive Extension.
On Tuesday, April 12, 2016, the Henrico County Board of Supervisors approved a large new residential development by HHHunt Communities. Construction should begin next year.
According to the Richmond Times-Dispatch (link to article after the jump):
HHHunt Communities plans to build 450 single-family homes, 300 town houses and 285 apartments in what it is calling River Mill. According to documents, homes are expected to start at $340,000, but houses on 80-foot-wide lots along the Chickahominy River will begin at $420,000. Town houses will range from $240,000 to $290,000, and apartments will rent for $780 to $1,500 a month.