Virginia's Governor announced the release of a new study measuring the economic impact of Virginia's housing industry. The study found that Virginia's housing industry generated $47.8 billion in economic activity in 2015, with $21.8 billion in direct output, making it the sixth largest private sector industry in Virginia by direct output. View Housing Impact Study/Resources Here

Executive Order 32 - Advancing Virginia's Housing Policy

The sustained economic and social vitality of communities throughout the Commonwealth of Virginia depends upon the quality, availability and affordability of housing. Housing is, and will remain, a key policy priority with far-reaching economic and social consequences. Successfully addressing homelessness, particularly among veterans and youth, requires a continued commitment of energy and resources. Advancing progress in special needs housing is also an imperitive to ensure that individuals with disabilities have the opportunity to live in appropriate, fully integrated settings within communities rather than institutional facilities. Moreover, the housing industry is a major direct and indirect contributor to the growth of the state's economy. Read more



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About Us

Housing helps define communities and is a major component in determining the quality of life for individuals, families, and the Commonwealth’s general prosperity. Along with a good job, affordable housing provides the building blocks for the American Dream. Housing has always been a major force in the prosperity of the Commonwealth. A healthy economic environment for housing significantly contributes to the vitality of the overall economy.

State Housing Policy Advisory Council