The General Assembly will convene on January 10 and YOUR help will be needed to defeat a bill that will make "Source of Income" a protected class. This bill, if it passes, will mean that EVERY rental property will have to accept Section 8 Housing Choice Vouchers.
VAMA research indicates that increased administrative burdens along with lost time due to the slow rental process of a Housing Choice Voucher amount to an equivalent of 1.3 months of lost rent annually.
VAMA will be sending email alerts regularly asking for YOU to TAKE ACTION! Please be on the lookout for these emails and make sure you AND Every Staff Member with a unique email address ACTS!
Protect your NOI! Together we can Defeat this piece of legislation! The link below has further details on VAMA Action Alerts.
January 18, is the day for all VAMA Members to show the General Assembly that the Multifamily community is unified and ready to support legislation that works for everyone and oppose legislation that doesn't.
VAMA needs all its members to participate in Lobby Day! This year, Size Does Matter. Register by clicking below.
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50 years later - some events still have repercussions - an interesting editorial from The Roanoke Times.
Here are the top expense categories representing 2/3 of Virginia's Budget:
A 12% larger two-year budget was proposed by the Governor at $115 Billion
Medicaid = 22% and the 9 other agencies below in order.
Department of Education
VDOT
The University of Virginia
The Department of Social Services
The community college system
Virginia Tech
The Department of Corrections
VCU
The Department of Behavioral Health and Human Resources
AIMCO attempted to sue AirBnB for "helping residents" violate their leases but a judge has ruled that AirBnB is protected against this kind of suit. Residents may still be held accountable for violating thier leases so make sure that your subleasing clause is up to date or sign up to use the NAA Lease!
