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VAMA News
With legislators trying to make permanent the 14-day notice we saw during the pandemic in the 2023 General Assembly session, we're taking a look at the dizzying and complex history of the 14-day notice requirement in Virginia. 
  
Be a part of VAMA's most exciting event of 2023, VAMACON! This annual conference brings together property management professionals from all over Virginia for 2.5 days of education, collaboration and networking - in a fun and welcoming atmosphere. We hope you'll be a part of it!
The pilot program, which began in late September, is hoping to help renters build credit and improve their credit score. Eligible multifamily owners can share rent payment data through a vendor network that supplies the info to the three major credit bureaus. The program is "positive-only," meaning only on-time rent payments are reported, and a missed payment automatically un-enrolls the renter. 
  
Applications for the National Apartment Association's Excellence Awards and Twenty in their Twenties are now open! Submit an application for one or both of these prestigious programs, and you could be recognized at the 2023 Apartmentalize conference in Atlanta!
Is your parking lot in need of re-paving or repair?
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Virginia Housing Development Authority
Build Your Skills
  
According to surveys conducted by Swift Bunny, one of the top employee retention risks is poor communication. Team members feel frustrated when they are not given necessary information or don't receive a response to a complaint or problem they're having, leading to higher employee dissatisfation and turnover. Learn tips from industry speaker, Kara Rice, on how to improve workplace communication. 
Members of the Multi-Housing News Executive Council, including VAMA's own Christine Gustafson and Stephanie Anderson, provide their insights on the biggest mistakes you could be making with your website. 
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VAMA Governance Meetings
10
Nov 2022
 
6
Dec 2022
 
12/6: Central Virginia
12/6: Hampton Roads
12/7: New River Valley
12/8: Roanoke Lynchburg
12/8: Shenandoah Valley
12/13: Blue Ridge
14
Dec 2022
 
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Development News
West Edge Apartments, a 270-unit community completed in 2022, sold to Southwood Realty for $68.9 million. The 96% occupied community features a pool, clubhouse, fitness center and laundry facilities. 
Area general contractor, Harlan Construction, is planning a five-story mixed-use facility at 501 Orleans St. The ground floor will house the company's headquarters, while the floors above will be made up of 26 apartments. 
Plans show an O-shaped building with 263 apartments and a courtyard and pool in the center. Other amenities include a rooftop lounge, fitness center and coworking space. Commercial space will total roughly 7,000 square feet. 
Construction has begun on Montage at Marquis Apartments, a $77 million project slated to open in May 2024. The garden-style community will consist of four-story buildings with elevators, featuring one-, two- and three-bedroom apartments.