On May 20th I wrote that Fairfax County was considering a program, dubbed “Silver Lining”, to purchase foreclosed properties and convert them into affordable housing for teachers, firefighters, and police officers who otherwise would not be able to qualify financially for homes in the county. Using county loans, the buyers could purchase the properties directly from [...]
Continue reading about Fairfax County Approves Program to Buy Foreclosed Homes
A few days ago I wrote that Fairfax County was considering buying foreclosed homes as part of a Silver Lining Program to expand affordable housing for county employees. My point was that Loudoun County, with a high percentage of foreclosed properties, should look at what Fairfax is doing with an eye on implementing something similar [...]
Continue reading about Loudoun Board of Supervisors to Consider Foreclosure Loan Program
I was reading an article in the Washington Post this morning; apparently Fairfax County’s Board of Supervisors is considering a “Silver Lining” program, in which the county would spend up to $6.4 million to help convert foreclosed homes into affordable housing for teachers, firefighters, and police officers who otherwise would not be able to qualify [...]
Continue reading about Fairfax County Considering Buying Foreclosed Homes for Affordable Housing
