Are Affordable Rentals A Thing of the Past?
We know rental costs are high in Charlottesville, but apparently we are not alone. Nationwide, more than half of renters have “unaffordable” rental costs, meaning they pay more than 30%…
News
Friendship Court girls get a great role model
After our successful Girls on the Run fall season at Friendship Court last year, Piedmont Housing decided that this program for pre-teen girls just had to continue. With the strong…
Millennials win in population clash with boomers
According the the Washington Post, the Millennial Generation (starting with those born in 1997) will soon take over from the Baby Boomers (born 1946-1964) as the most populous generation. As…
Dining Out for Good
One of Piedmont Housing’s partners in the community is the Blue Ridge Area Foodbank. The Foodbank supplies meals and snacks to the children at Friendship Court during summer and after…
What does LIHTC mean for our community?
The US Dept. of Housing and Urban Development (HUD) has published a new study of the LIHTC program. LIHTC (“lie-tech”) which stands for “low income housing tax credit”, is a…
Magnet Fund for Affordable Housing
Piedmont Housing is our locality’s CDFI, which stands for “Community Development Financial Institution.” CDFI’s are a creation of the US Congress, which decided that traditional lending institutions were not meeting…