Tag Archives: housing

Rocks to Roofs: A Housing Symposium for Tomorrow

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Community leaders, developers, policymakers, and housing advocates will soon convene on Tuesday, October 21, from 8:30a.m. to 3:30 p.m. at the Virginia Horse Center in Lexington, VA, to explore the area’s most pressing housing challenges. Through presentations from Virginia Housing, the Virginia Department of Housing and Community Development, and other partners, attendees will explore ways to advance housing opportunities across the Rockbridge area.

The Central Shenandoah Planning District Commission (CSPDC) will also share its findings and housing solutions from its Regional Housing Study. In February, the CSPDC released its Regional Housing Study, funded by Virginia Housing and developed in partnership with Virginia Tech’s Center for Housing Research and HousingForward Virginia. The study offers an in-depth analysis of housing markets across the Central Shenandoah region and presents locally tailored strategies to address housing needs.

Rockbridge-area solutions featured in the study include:

  • Empowering Economic Development Authorities to support housing development
  • Expanding incentives for residential construction and rehabilitation
  • Laying the groundwork for high-quality mixed-use development

Rocks to Roofs: A Housing Symposium for Tomorrow is a collaboration between Virginia Housing, Rockbridge County, Cities of Buena Vista and Lexington, Rockbridge Highlands Realtors Association, Central Shenandoah Planning District, and The Chamber of Commerce, Serving Lexington, Buena Vista, and Rockbridge County. The official speaker lineup will be announced soon.

To learn more or register:
🔗 Rocks to Roofs: A Housing Symposium for Tomorrow

To explore additional materials related to the Regional Housing Study, visit our CSPDC Connects page.

CSPDC Awarded $4.5 Million in SPARC Funds to Support First-Time Homebuyers

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Virginia Housing’s Sponsoring Partnerships & Revitalizing Communities (SPARC) Program awarded CSPDC $4.5 million to help first-time homebuyers across the Central Shenandoah Valley. The announcement was shared with local lenders on September 8, 2025. This is the third consecutive year that CSPDC has sponsored the program, and its largest allocation to date.

Through the SPARC program, eligible buyers earning up to 120% of Area Median Income (AMI) receive a 1% reduction on Virginia Housing’s prevailing mortgage interest rates, a benefit that can save families thousands of dollars over the life of their loan. The program also complements CSPDC’s existing First-Time Homebuyer Program, which provides down payment and closing cost assistance to income-qualified households earning up to 80% of AMI.

Due to strong demand, allocations are often fully reserved in a matter of months, with the funds being offered on a first-come, first-served basis. With the previous allocation, the CSPDC was able to assist 11 households in purchasing homes: seven in Rockingham County, three in the City of Harrisonburg, and one in the City of Waynesboro. Each program participant completed a Virginia Housing Homebuyer Education course and received housing counseling from the Southeast Rural Community Assistance Project, Inc. (SERCAP).

“With this year’s allocation, the CSPDC is excited to help even more families achieve homeownership,” said Regional Planner Philippe E. Bone. “Our goal is to assist approximately sixteen buyers across the Central Shenandoah region,”

For more information about the CSPDC’s First-time homebuyer’s program and our other housing initiatives, visit the SPARC Program page on CSPDC Connects.

$1 Million Investment Brings Affordable Housing Solutions to Central Shenandoah Region

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The Central Shenandoah Planning District Commission (CSPDC) has received $1.2 million from Virginia Housing’s Regional Housing Development Program (RHDP) to support the development of new affordable housing units in Waynesboro and Harrisonburg.

The grant award builds on Virginia Housing’s successful 2022 Planning District Commission Housing Development Program. The RHDP creates replicable models of affordable and workforce housing to meet growing demand across the Commonwealth.

The CSPDC’s recent Regional Housing Study identified a shortage of affordable rental options in the Staunton-Augusta-Waynesboro and Harrisonburg Metropolitan Statistical Areas. In response, the CSPDC is supporting two projects that will bring 176 affordable rental units to the region. These homes will serve residents earning between 30% and 80% of the Area Median Income (AMI), with a focus on supporting workers in service and support roles.

The projects include the 1030 Alston Court development in Waynesboro, led by Enterprise Community Development, Inc., a nonprofit and one of the largest affordable housing developers in the Mid-Atlantic region. The second project is BJS Harrisonburg Family I in Harrisonburg, developed by the Beverly J. Searles Foundation, Inc., a Georgia-based nonprofit that has built more than 800 affordable housing units nationwide. Both projects will receive $560,000 in Regional Housing Development Funds.

These developments represent a significant step forward in addressing the region’s affordable housing shortage and will provide much-needed rental options for working families in the Central Shenandoah region.

CSPDC Applies for Increased SPARC Allocation for First-Time Homebuyers’ Program

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In April 2025, the CPSDC applied for its third allocation of funds through Virginia Housing’s Sponsoring Partnerships & Revitalizing Communities (SPARC) Program. Building on the success of its previous efforts, the CSPDC is seeking $4.5 million in SPARC funding to support first-time, eligible homebuyers across the Central Shenandoah region.

The CSPDC first became a SPARC sponsor in 2023, with an initial $1.7 million allocation. Due to strong demand for more SPARC funds, the CSPDC asked for an allocation of $3 million the following year, which was fully expended by the end of the first quarter of 2025. Through this funding, the CSPDC helped a total of eleven homebuyers achieve homeownership, seven in Rockingham County, three in the City of Harrisonburg, and one in the City of Waynesboro. Each program participant completed Virginia Housing’s Homebuyer Education course and received housing counseling services from Southeast Rural Community Assistance Project Inc. (SERCAP).

The SPARC Program offers a reduced mortgage interest rate (a 1% adjustment below Virginia Housing’s prevailing home loan rates), potentially saving homebuyers thousands of dollars over the life of their loan. SPARC funds can also be used to complement the CSPDC’s existing First Time Homebuyer Program, which provides down payment and closing cost assistance to income-qualified homebuyers at 80% AMI or below. For more information about the CSPDC’s First-time homebuyer’s program, please contact Philippe Bone at 540-885-5174 or by email here.

CSPDC Housing Study Topic of JMU Stakeholder Discussion

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On April 29th, JMU’s Office of Economic & Community Development hosted a discussion session on the CSPDC’s Regional Housing Study. The session provided space for local housing planners, service providers, real estate, and finance partners to engage with the Housing Study’s data and recommended solutions more deeply. Twenty community leaders collaboratively worked through two case studies with the goal of identifying next steps community partners can pursue to address our region’s housing issues. This is the first of a series of quarterly discussion sessions JMU will host over the next year on a variety of pressing community topics.

Lexington Completes Housing Assessment

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Summit Design and Engineering has presented the results of a city-wide Housing Conditions Study for Lexington to Threshold, Lexington’s Housing Commission. Funded by a $50,000 Community Development Block Grant (CDBG) Planning Grant, the Housing Conditions Study assessed the state of residential properties across the City.

Summit’s team conducted a windshield survey in late October, evaluating nearly 2,100 residential properties from the public right-of-way. Each property was rated on a scale from one (in good condition) to five (appearing dilapidated). The findings revealed that 72 properties scored a three or higher, indicating significant wear or neglect, with these properties spread throughout Lexington.

In addition to the windshield survey, the study gathered input from local staff, real estate professionals, residents, and housing advocates, along with demographic data. Some of the findings included a high vacancy rate of 21%, primarily due to second homes, and that 44% of households are considered cost-burdened, spending 30% or more of their income on housing.

The study identified two main challenges: preserving and rehabilitating the current housing stock, and addressing barriers to new housing development. To tackle these issues, Summit recommended diversifying the housing stock and creating a targeted program to address the city’s most dilapidated properties.

This study is a critical step in advancing Lexington’s housing goals, as it helps to identify opportunities for revitalizing underused properties—a key solution highlighted in the CSPDC’s Regional Housing Study. With these insights in hand, the city can continue to build momentum toward improving housing conditions for all residents.

The full study is available on the Threshold Housing Commission’s webpage: : https://www.lexingtonva.gov/government/boards-and-commissions/threshold.