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Gen Z’er takes advantage of once-low interest rates to purchase first home
In 2021, Raven Moseley needed a place to stay, but she could not afford an apartment that she felt comfortable in without splitting the bill with a roommate. Plus, she could not find a suitable roommate. That is when her mother gave her the idea to buy a home.
RRHA prepares to launch home-buying initiative
Richmond is preparing to become the first place in the country to test a revamped federal regulation aimed toward making it easier for people who hold housing vouchers or live in public housing to buy homes. Describing it as a “groundbreaking and historic ini- tiative” that would build wealth for those who qualify, Steven B. Nesmith, the chief executive officer for the Richmond Redevelopment and Housing Authority,
Some striking UAW members carry family legacies
As Britney Johnson paced the picket line outside Ford’s Wayne Assembly plant, she wasn’t just carrying a sign demanding higher pay and other changes. Autoworker jobs have long been a pillar of the Black middle class in America, and the strikes and the fight for higher wages have had even deeper significance for workers like Johnson.
Needed: A better deal
Mayor Levar M. Stoney’s administration hoped to expand a program that helps city employees to buy homes in the city.
Approval looms for city’s revamped budget
Plan includes retiree bonuses, overtime pay for firefighters
Thousands of City Hall retirees will receive a one-time 5 percent bonus. And the city is setting up a fund to buy property for development.
More states are teaching financial literacy
Inside a high school classroom, Bryan Martinez jots down several purchases that would require a short-term savings plan: shoes, phone, headphones, clothes, and food. His medium-term financial goals take a little more thought, but he settles on a car — he doesn’t have one yet — and vacations. Peering way into his future, the 18-year-old also imagines saving money to buy a house, start his own business, retire and perhaps provide any children with a college fund.
Annual checkup
A year after scathing New York Times article, Bon Secours’ prescription for East End community includes jobs, training, upgraded facilities
Richmond Community Hospital continues to buzz with construction as its owner, Bon Secours, builds up operations at the East End health care center.
Let consumers make their own food buying choices, by John Burnett
Amid Congress’ best efforts to keep the government open, it’s also hard at work to re-authorize affordable food, farmers’ ability to insure their crops, and ranchers being able to export their products to foreign markets.
Fixing our broken drug pricing system, by Dr. Greg Gelburd
As a recently retired physician, I felt relief for patients across the commonwealth when Virginia legislators recently passed bipartisan measures, Senate Bill 274 and House Bill 570, to create a Prescription Drug Affordability Board. This board would be empowered to finally rein in skyrocketing prescription drug costs that make medicine inaccessible to too many patients. By signing this legislation into law, Gov. Glenn Youngkin can prioritize the health and well-being of Virginians.
Shielding from responsibility?
City mum on funds diverted to police
Mayor Levar M. Stoney joined community partners Tuesday to announce the city is all for trying to prevent the killings that leave bodies in the street and families in mourning. However, during his City Hall press conference, the mayor didn’t mention that just a few weeks ago his administration gained approval from
Give a child a book for Christmas, by Julianne Malveaux
They don’t call it “Black Friday” because they love Black people; they call it Black Friday because many businesses are pushed into the black (from the red ink of losses to the black ink of profits) on that day or into the holiday season.
Green light shines on Diamond District
The huge plan to redevelop 67 acres of publicly owned land around The Diamond baseball stadium has a green light — despite questions about the soundness of its financial structure.
Gun buyback programs are ‘waste of time’
Jeremy Lazarus is correct when he reported that gun buy-back programs do not work; they do nothing to stop gun violence.
HumanKind’s direct cash funds may soon dry up
Concern is growing over the dwindling money in a family crisis fund that Richmond created to provide direct cash payments.
Prisoners in the U.S. are part of a hidden workforce linked to hundreds of popular food brands
A hidden path to America’s dinner tables begins here, at an unlikely source — a former Southern slave plantation that is now the country’s largest maximum-security prison.
To save lives, lawmakers must seek common ground on gun legislation, by Roger Chesley
Democrats in the Virginia General Assembly, now in charge in both chambers in the session that opened last week, hope to pass several gun-control bills. The wish list includes legislation to ban the sale of new assault weapons and large-capacity magazines, The Washington Post reported.
Councilwoman hopes proposed changes to City Charter find support
Under proposed changes to the City Charter or constitution, City Council would gain new authority over housing subsidies and real estate tax relief to residents with low to moderate incomes, in addition to setting its own compensation and modi- fying zoning. Fifth District Councilwoman Stephanie A. Lynch hopes to gain unanimous support from her eight colleagues at the Monday, Dec. 11, council meeting for the changes she has negotiated with Mayor Levar M. Stoney’s administration. If passed by the council, the package would be sent to the General Assembly for approval in the upcoming 2024 session. Many of the changes follow recommenda- tions that a council-created Richmond City Charter Review Commission submitted Aug. 2 after a year of study. As the most significant package of charter changes proposed since the 2004 creation of a mayor elected citywide, the amend- ments do not address the current relationship between the council and the mayor ahead of the 2024 elections for the governing body and chief executive. The biggest proposed change could well be the tax and housing initiatives that the charter review commission did not address. The proposed Section 2.09 amendment would allow the city to defer property taxes and tax increases for qualifying low or moderate income property owners, using the definition of such individuals established by the Virginia Housing Development Authority, now known as Virginia Housing. Such a program could allow the taxes to accumulate over time to be paid off from proceeds after the property is sold. In addition, the proposed charter change would authorize the city to create a program that could help such qualifying individu- als buy a home or receive rental subsidies. The city also could use state or federal funds to advance such initiatives. The charter amendment also would declare the creation of programs that could provide funds directly to individuals for housing to be “in the furtherance of a public interest” to get
Schools are trying to get more students therapy. Not all parents are on board
Derry Oliver was in fifth grade when she first talked to her mom about seeing a therapist.
10 drugs targeted for Medicare price negotiations as Biden pitches cost reductions
President Biden touted the potential cost savings of Medicare’s first-ever price negotiations for widely used prescription drugs on Tuesday as he struggles to convince Americans that he’s improved their lives as he runs for reelection.
Spring brings a mild warmup to the area
Richmond is starting to heat up, as spring finally brings warmer temperatures to the Metro Area. The week started with temperature highs in the 80s, with estimated peaks of 90 degrees on Monday and Thursday.
