On Monday the Council approved the first reading of the ordinance that enacts the Employee Housing program. It sets aside a pool of money to help City employees make down payments on bank-owned or foreclosed properties in the City. There are conditions (if they leave our employ they have to pay us back) and restrictions on the program but it’s reasonable and will hopefully get more employees in the City and get more bank-owned properties in the hands of home-owners. The program is administered by the Manassas Housing Trust Fund who administers the existing program that is available to all City residents.
This is an important piece of Manassas Next and I’m glad the staff worked it through to completion and the Council approved it. WaPo article is here.