PAGE 12 | MAY 19 - 25, 2022
FALLS CHURCH NEWS-PRESS | FCNP.COM
Fa l l s C h u r c h Business News & Notes SBA webinar
IRS is hosting a joint webinar for small business owners to address SBA programs and services. Other topics under discussion are business recordkeeping, employees vs. independent contractors, applying for exempt organization status and more. This event is hosted by your local Stakeholder Liaisons in Washington, DC & Virginia is on Wednesday, May 25, 10:00 am – 12:00 pm virtually via Microsoft Teams. It is free and the link will be shared upon registration on the SBA site (https://www.eventbrite. com/e/irs-sba-sba-overview-recordkeeping-exempt-org-employee-contractor-tickets-337238307857).
Transportation Project: Great Falls St. and Gresham Place The Northern Virginia Transportation Authority (NVTA) hosted its FY2022-2027 Six Year Program (SYP) Public Hearing May 12 on the 26 candidate projects submitted by the nine Northern Virginia jurisdictions for regional funding consideration at more than $1.2 billion. Falls Church has submitted one, the Northern Washington Street Multimodal Improvements Project estimated at $22.5 million which would commence in FY2026. This project includes sidewalk widening, improved intersection geometry, signal improvements, crosswalks, utility undergrounding, lighting, and landscaping between Great Falls Street and Gresham Place. This would connect economic areas, neighborhoods, parks, new commercial developments and cultural amenities. The public comment period is open through May 22, allowing one comment submission per person by email at SYPcomment@TheNoVAAuthority.org, by voicemail at 571-354-0065; by mail at Northern Virginia Transportation Authority, 3040 Williams Drive, Suite 200, Fairfax, VA 22031; or on the NVTA’s online submission form https://thenovaauthority.org/syp-comment/.
Tinner Hill Heritage Music Festival The 28th Annual Tinner Hill Heritage Musical Festival, honoring the local African American legacy, will take place on June 11th from 11 a.m. - 8 p.m. in Cherry Hill Park! The 2022 line up includes: Rebirth Brass Band, Marcia Ball, Carly Harvey’s Kiss & Ride, and more! Tickets are available and volunteers are needed! Volunteers receive free entry to the full Festival day and a meal voucher. Corporate sponsorships are also available. Please visit TinnerHill.Org for more information.
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Fairfax County Government, Refraction, the Community Foundation for Northern Virginia, Virginia Tech, and others will host the Smart City Challenge — an innovation competition for innovative solutions to the most pressing issues facing regions in transportation, health care, housing, infrastructure, public safety, and more. Running May 2 – June 16, all entrepreneurs and students are welcome to join to win prizes, including cash, pilot opportunities (with Fairfax County, Dominion Energy, and Virginia Innovation Partnership), participation in Smart City Works and Dominion accelerator programs, membership at Refraction’s innovation hub, and business coaching. Register at smartcityworks.org (https://www.smartcityworks.org/scc-2022/?utm_campaign=E-Bird%20 FY22&utm_medium=email&_hsmi=212593492&_hsenc=p2ANqtz-_jUPEEF3mDzoVipcXdRAkS3NOeyIJhwT115cIwPYSk2JHZeU2SaItkeBNhLdpvKsYQFWvv73Y4FZjVFKBlmf3TqX2PsxKs4iTwa2apCAbYf5NM-cs&utm_content=212593492&utm_source=hs_email)
Data on Residential Sales The Northern Virginia Association of Realtors reports that the average price of a single-family detached house that sold in the region in April was almost $1.1 million. The average price for all home types, including condos, townhouses and single-family homes was $776,162. NVAR agents cover Fairfax and Arlington counties, the cities of Alexandria, Fairfax and Falls Church and the towns of Vienna, Herndon and Clifton. And a report on May 11 based on data provided by MarketStats by ShowingTime based on listing activity from Bright MLS reflects a year-over-year increase for the first four months of 2022 ranges from 7 percent to 18 percent among six local jurisdictions. Overall, homesellers across the area are getting more per square foot from buyers than a year before. Arlington led with a per-square-foot sales price of $496 for the January to May period, up 6.7 percent; Falls Church followed at $465, up 12.6%, and Alexandria at $438, up 6.8 percent a year before.
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Business News & Notes is compiled by Elise Neil Bengtson, Executive Director of the Greater Falls Church Chamber of Commerce. She may be emailed at elise@fallschcurchchamber.org.
