Falls Church News-Press Fall Real Estate Issue

Page 1

FCNP.COM | FALLS CHURCH NEWS-PRESS

HO ME & R EA L E STATE

OCTOBER 12 - 18, 2023 | PAGE 9

Fall Real Estate & Home Improvement 2023

Pages 9-21


PAGE 8 | OCTOBER 12 - 18, 2023

HO ME A ND R EA L E STAT E

FALLS CHURCH NEWS-PRESS | FCNP.COM


PAGE 10 | OCTOBER 12 - 18, 2023

HO ME & R EA L E STATE

FALLS CHURCH NEWS-PRESS | FCNP.COM

DC-Metro Modern Home Tour Sees 350 Participants in Fifth Year by Brian Reach

Falls Church News-Press

On Saturday, October 7, Modern Architecture + Design Society (MA+DS) returned to the DMV for their fifth in-person DC-Metro Modern Home Tour, where 350 participants visited eight select homes across the region for an exclusive tour. Homes on the tour are typically occupied by their owners, so this glimpse inside was truly special. MA+DS began their tours in 2010 in Austin, TX, and is holding their 125th tour this weekend in San Diego. Their DC event is sponsored by listModern, a modern homes branch of TTR Sotheby’s International Realty that convinced MA+DC to come to the region. “Sometime in early 2017, Steven Mangas at listModern reached out to me,” says Ken Shallcross, Vice President of MA+DS, “He had heard about our tours and asked how we could make that happen in Washington, D.C.” Shallcross explained that MA+DS has been hosting these events for so long, all they really need to come to a region is “a vibrant

A CHERRY HILL home on the MA+DS tour. (Photo: Brian Reach) modern architecture/design community, including architects and homeowners who are willing to share their creations and spaces with others.” The rest is taken care of by his team, which has a system down to execute a well-run event. The News-Press visited the five Virginia homes on the tour, all unique in their own rights, and joined Shalcross, Mangas, other partners, and ticket holders at an im-

pressive finale house for a reception just across the Chain Bridge in the District. The first home we visited was an Alair Homes rebuild in the Penrose neighborhood of Arlington, which had been fully renovated within the same footprint, but with a second and third floor added to accommodate the owners’ growing family. The result was a four story modern home that, thanks in part to interiors decorated

A MID CENTURY modern delight in McLean. (Photo: Brian Reach) and furnished by BraePark Design, still felt practical and livable. Next on the tour was an updated home by Paola One Design in Lyon Village in Arlington, where an addition expanded a modest 2-bedroom brick home into a three-story home with plenty of space for an active family of four, featuring dramatic open floor plans and an enviable loft and rooftop terrace. A second project by Alair homes

followed, where architect Luther Weber and Iona Todorova Designs awaited to share the details of their creation: a second story addition to a 1948 colonial, situated on a (very) steep street in the Cherry Hill neighborhood of Arlington, which provided a primary suite with an abundance of windows — resulting in an enviable bathtub view of the backyard garden. A retractable wall and indi-

Continued on Page 12


FALLS CHURCH NEWS-PRESS | FCNP.COM

HO ME A ND R EA L E STAT E

OCTOBER 12 - 18, 2023 | PAGE 11

Your Vision

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PAGE 12 | OCTOBER 12 - 18, 2023

HO ME & R EA L E STATE

FALLS CHURCH NEWS-PRESS | FCNP.COM

Five Virginia Properties Featured in DC-Metro Modern Home Tour Continued from Page 10

-rect light illuminating the vaulted ceiling contributed to a spacious and open feel. Our fourth stop was a behemoth model home in McLean by Green Building Group, which did not allow interior photography but boasted over 11,000 square feet, an elevator, and a gourmet kitchen with custom black cabinets and perfectly executed matching panels seamlessly blending appliances in with the ambiance. The final home on the Virginia portion of the tour, a mid-century modern revival in McLean by Sagatov Design + Build, deceived visitors with its deceptively understated street view. Once inside, visitors quickly lost use of their jaws, which invariably (and often audibly) dropped as the space — an entertainer’s dream — expanded before their eyes. The soaring great room — featuring a unique glass-enclosed staircase in the center leading to the basement — serves as the heart of the home, complete with a dining area, a kitchen (sporting side-by-side refrigerators and a natural-edge wood island) with a second eating nook, a living area with tasteful quartz backsplashes and a dramatic wood accent wall. A spiral staircase incorporated

into the adjacent screen-enclosed sunroom leads down into a screened kitchen and grill, which opens to an incredible lanai by the pool and fire pit. Inside, the basement continues to wow with a home theater, exercise room, and games area. The reception was held at a 7,800 square foot modern home by German architect Roland Broll, desirably situated along Potomac Ave just past the Key Bridge, in the Palisades neighborhood of Washington, D.C. Floor-to-ceiling windows add to the soaring open feel of home (and resulting in a truly impressive primary bathroom), which was presented by TTR Sotheby’s International Realty and listModern and is currently available for sale, and a heated black

bottom ionized pool compliments a zen garden in the backyard. The show-stealer for the home, though, is a custom Italian staircase that seems to float in the air as it leads on a journey to each of the home’s four stories. Highlights of the home’s basement include a game room, media room, 2,000 bottle wine cellar, and safe room. Owners, architects, or interior designers interested in showing off their creations in a future tour should contact MA+DS via their website, mads.media. Readers that missed this year’s tour can look forward to the event’s likely return in early October 2024. View more pictures at fcnp.com.

GREEN Building Group’s McLean model. (Photo: Brian Reach)

STAIRS FLOAT up in the D.C. finale home. (Photo: Brian Reach)


FALLS CHURCH NEWS-PRESS | FCNP.COM

HO ME A ND R EA L E STAT E

OCTOBER 12 - 18, 2023 | PAGE 13


HO ME & R EA L E STATE

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FALLS CHURCH NEWS-PRESS | FCNP.COM

Fall Is a Great Season For Home Improvement & Maintenance Fall is an excellent time for home improvements. Not only does it precede the harsh winter months when many exterior projects become more challenging, but it’s also a great time to prepare your home for the holiday season and ensure it’s cozy and efficient for the colder weather. Here are some fall home improvement ideas and tips: 1. Gutter Cleaning and Repair: Leaves falling can clog gutters and downspouts, which could lead to water damage. Ensure that they’re cleared out and in good repair to handle the fall rains and winter snow. 2. Weatherproofing: • Seal gaps and cracks: Use weather stripping or caulk to seal around windows and doors to prevent drafts. • Door sweeps: Install door sweeps to prevent drafts under exterior doors. 3. Roof Inspection and Repair: Check for loose or missing shingles that might leak during winter storms or from melting snow. 4. Heating System Check:

Have your heating system inspected by a professional to ensure it’s in working order. Replace filters and consider a programmable thermostat if you don’t have one. 5. Fireplace and Chimney: If you have a wood-burning fireplace, get the chimney cleaned and inspected to prevent chimney fires and carbon monoxide intrusion. 6. Check Detectors: Ensure that all smoke detectors and carbon monoxide detectors are working. Replace batteries as necessary. 7. Insulate Pipes: Prevent pipes from freezing in the colder months by insulating any pipes that are exposed. 8. Winterize Outdoor Faucets: Drain garden hoses, and turn off the water to outdoor faucets. Install insulated covers on outdoor faucets to prevent them from freezing. 9. Lawn and Garden: • Aerate and seed the lawn to ensure a lush yard in the spring. • Plant fall bulbs for

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springtime blooms. • Clean and store summer garden tools. 10. Paint: Fall’s cooler temperatures make it a good time for exterior painting. It’s not too hot for the paint to dry too quickly, and not too cold that it won’t adhere properly. 11. Safety First: Check the treads on your steps and walkways. Non-slip strips can provide extra traction as things get wet and icy. 12. Attic Insulation: Ensure your attic is adequately insulated to prevent ice dams on the roof and keep your home warmer in winter. 13. Declutter and Organize: Use this time to declutter spaces, especially if you’re expecting holiday guests. Organize storage spaces and donate unused items. 14. Upgrade Lighting: As days get shorter, you might find areas of your home that are too dim. Consider adding or updating lighting in these areas. 15. Plant Trees: Fall is a good time to plant trees. They’ll have a jump start on establish-

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ing roots before the summer heat hits. 16. Check and repair walkways: Ensure that all walkways are in good shape without major cracks or uneven areas that could be trip hazards or become icy patches in winter. 17. Window Check: Consider upgrading to double-pane windows if you haven’t already. They’re more efficient and can

save on heating bills. Incorporating these tasks into your fall home improvement regimen will help ensure that your home remains in good condition throughout the winter months, and is ready for the festivities and challenges of the season. Remember to prioritize tasks based on your home’s needs and the climate in your area.


FALLS CHURCH NEWS-PRESS | FCNP.COM

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HO ME A ND R EA L E STAT E

OCTOBER 12 - 18, 2023 | PAGE 15


PAGE 16 | OCTOBER 12 - 18, 2023

HO ME & R EA L E STATE A Falls Church News-Press Advertorial

FALLS CHURCH NEWS-PRESS | FCNP.COM

M e e t Yo u r H o m e E x p e r t s Zimmermann Homes

Mark Donnelly, N-Hance of Fairfax

We pride ourselves on building custom homes that are unrivaled in performance, beauty and durability. All Zimmermann Homes come standard with upgraded products and building techniques that result in an attractive, energy-efficient and low-maintenance home. Clients can custom design a home with Zimmermann’s talented architect or choose from dozens of established plans. You shop and pick your finishes with a stylish interior designer and the install is overseen by a seasoned project manager. Related documents are accessible via a shared construction-management system and the team’s Realtor can assist with lot acquisition or selling your home. The end result is a one-stop shop that often exceeds expectations.

Mark Donnelly, owner of N-Hance of Fairfax, NW, a local franchisee of the #1 Cabinet Refinishing Company in the US.We offer our clients affordable options to update their homes. Whether you are looking to renew aging cabinets, want to brighten your kitchen with a lighter color, or follow the latest color trends, we can help bring a whole new look to your kitchen. Furthermore, if your cabinet boxes are solid, but your doors are dated, we can also do a re-dooring to a more modern style (like Shaker), without the mess, expense or duration of a traditional remodel.My team and I look forward to hearing from you and seeing how we can help to create the kitchen of your dreams.

Sales@ZimmermannHomes.com • zimmermannhomes.com

Kelly Milspaugh Thompson, Stylish Patina Kelly Millspaugh Thompson is a Falls Church City native and small business owner. Kelly opened Stylish Patina, Home + Gift Boutique in Falls Church in 2013. A few years ago she expanded her service offering to include Real Estate. She now melds her love of Real Estate and Interior Design into a one of a kind full service offering for her clients. This has proven to be a unique and highly sought after combination of skills. Her extensive experience in home decor, interior design and home renovation provides a broad area of expertise that she can bring to her clients both on the buying and selling side of the equation. If you are looking for a Realtor with a designer’s eye contact Kelly for your no obligation consult!

realestate@stylishpatina.com • 703.303.3700

Reico Kitchen & Bath Your dream, our ideas and expertise. Reico Kitchen & Bath takes your dated, tired kitchens and bathrooms and transforms them into spaces you love and want to spend time in. Established in 1952, Reico Kitchen & Bath is your one-stop for kitchen and bathroom design and remodeling. We offer cabinets, countertops, appliances, sinks, fixtures and everything you need to create your new kitchen or bathroom. It is our goal to have every customer recommend us at our Falls Church, VA showroom or at any of our 23 showrooms throughout the Mid and South Atlantic.

703.748.0700 • reico.com

Perch Houses At Perch Houses we believe that living in an affordable home and experiencing shared community will lead to improved quality of life and healthier living. Until today, living in a beautiful house for less than a 1-bedroom apartment in Falls Church, VA was impossible. Now, Perch Houses has made that a reality by creating a unique co-living service for 55+ women in spacious suburban homes. Perch is a new type of co-living property management platform focused on 55+ women seeking affordable living, community and easier access to wellness services. We lease properties and, in turn, re-lease each bedroom to individual women. There are never more than 3-4 people in a house. You can get matched with our personality quiz or organize a Perch house with your friends. Check it out at www. perchhouses.com

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703.345.3100 • NHance.com/FairfaxNW

Karin Morrison & Rick Watkins Karin is a veteran Realtor® with nearly three decades of dedicated experience in Northern Virginia area – with a specialty in Falls Church. She worked alongside her mom and mentor Merelyn Kaye, who left her a remarkable business legacy when she passed in February 2023. Karin and her husband Rick are continuing that legacy to help their clients find their perfect home. As to how Karin & Rick guide their clients to that elusive Perfect Home, it’s all about listening closely to their clients and their needs. They then use their market acumen, agent connections (remember that 30 years of working in the NoVA market!) and marketing expertise to make the right connections come together. If you work with Karin & Rick, you can expect a carefully, cleverly, and caringlymanaged process that leads you to a home to cherish for years to come. Let them put their expertise to work for you!

Karin - 703.626,3257 • Rick 703.203.2671 info@yourperfecthomefinders.com

Alison Miller, Keller Williams Alison Miller has been in the DC and Virginia residential real estate market as a fulltime professional since 2008 as a buyer, rehabber, seller, commercial property owner, and Keller Williams Falls Church agent helping others buy and sell. Prior to going into real estate full-time I earned an MBA degree with dual concentration in information technology and real estate finance. I worked for 25 years in the information technology industry as a Senior Manager and Director for organizations including Marriott International and Fannie Mae. Put my 360-degree real estate experience and technology skills to work for you!

703.298.9495 • alisonmiller@kw.com

Pam Micciche Realtor® at HBC Group - KW Pam Micciche is a top performing member of the HBC Group at KW. A resident of Falls Church City for almost 20 years, Pam is a native Washingtonian who grew up in McLean and has especially strong ties to Arlington, Great Falls and Vienna. Through her involvement with PTAs, youth sports, and school fundraisers Pam has made volunteerism a hallmark of living in and giving back to her community.

703.371.9343 • Pam@HBCGroupKW.com


FALLS CHURCH NEWS-PRESS | FCNP.COM

HO ME & R EA L E STATE A Falls Church News-Press Advertorial

OCTOBER 12 - 18, 2023 | PAGE 17

M e e t Yo u r H o m e E x p e r t s Tori McKinney - ROCK STAR Realty Group, KW Metro Center

JD Callander and Ed Blanchard

My ROCK STAR Realty Group and I are here to help guide you with your next move - whether buying, selling, investing or renting. We have helped over 50 sellers & buyers in 2023 already … despite extremely low inventory. How can we help you with your next move? Give ROCK STAR Realty Group a ring at (703) 867-8674, and we’ll get started on your real estate journey. We are here for you every step of the way.

JD Callander and Ed Blanchard with Weichert Realtors both call Falls Church City home and bring over 28 years of combined real estate experience and passion to their work. They are well-known and respected agents and demonstrate success through integrity in all that they do. They understand the market, are attentive to details and truly care about their client’s needs. They also love giving back to their beloved community through sponsoring the FCC Memorial Day Fun Run, HTG Games benefiting Falls Church City ES/PTA, Little League baseball plus many smaller events. They are honored and feel a strong sense of responsibility in assisting homeowners through important life transitions.

703.867.8674 • RockStarRealtyGroup.com

FOXCRAFT Design Group FOXCRAFT Design Group is in their 34th year as an award-winning design/ build firm and general contractor. FOXCRAFT is among the most creative, experienced design/build firms in the region, specializing in meeting clients’ budget expectations and overcoming ever changing national and county codes, regulations and guidelines. Chandler Fox, the owner at FOXCRAFT, is also a licensed real estate agent, so his expertise in both building and real estate provides the best of both worlds for the client. Fox analyzes the property for current and future marketability and helps his clients make an intelligent decision about whether or not a renovation is the best investment for their property’s future value. “We build relationships with every client, based on their individual needs and wants, and advise them honestly, as to the best path for their family’s future.

703.536.1888 • foxcraft.com

Floor Coverings International Falls Church resident Owen Sullivan recently became a franchise owner with Floor Coverings International, the brand that consistently ranks No. 1 in the mobile flooring category, providing free in-home consultations stocked with flooring samples from the top manufacturers in the industry. After spending two decades as a Senior Executive with a Global IT Services company, Owen fulfilled his dream of owning his own business with FCI. FCI of Tysons Corner serves customers throughout Falls Church, North Arlington, Mclean and Vienna. FCI sells, installs and restores all types of flooring, and provides services such as Hardwood resurfacing. For more information visit https://nwdca.floorcoveringsinternational.com or call 703-214-9175.

Office: 703.214.9175 • Mobile: 703.863.3744 nwdca.floorcoveringsinternational.com

Bethany Ellis, Long and Foster Bethany Ellis owns and operates a highly successful real estate business in Northern Virginia and Washington, D.C. She is an experienced Realtor® whose goal is to exceed your expectations. Her knowledge of the local market, attention to every detail, excellent negotiating ability, and effective communication ensures that your real estate transaction will go smoothly from start to finish. Bethany has direct access to lenders, home inspectors, new home developers, settlement groups, and local service providers (painters, plumbers, carpet suppliers, handymen, electricians, plumbers, and more). If you’re looking to find a new home, build your dream home, get market statistics for your home or neighborhood, sell your existing home, make improvements to your current home, buy or sell an investment property or need answers to any real estate questions, make Bethany Ellis your real estate resource.

703.307.7003 • buyandsellwithbethany.com

703.821.1025 • newnovahome.com

Albert Bitici, The Bitici Group, Keller Williams Metro Center Rising interest rates and record low inventory continue to impact market conditions with some properties receiving multiple offers and selling in matter of days, while others sit on the market despite multiple price reductions. Your choice of realtor can cost, or earn you thousands. Don’t leave money on the table. Several years ago, I created THE BITICI GROUP with a focus of providing the right advice to clients, backed by the highest level of customer service, and the best marketing. For a smarter, personalized approach to buying, selling and investing in real estate, contact our award winning real estate team, THE BITICI GROUP at KW Metro Center. .

571.775.0468 • 703.224.6000 • thebiticigroup.com

Alair Arlington Alair Arlington specializes in custom home building and renovations in the DC-Metro region. With over 20 years of local experience, our team specializes in crafting dream homes on any lot size. Our mission is to bring your vision to life while giving you control over selections and budget through our unique Client Control™ system. Whether it’s new construction, an addition, or a complete renovation, our industry expertise and transparent process ensure exceptional homes. Our 2022 NVBIA Custom Builder of the Year award is just one of many assurances that you can trust us to transform your vision into a reality.

703.791.1317 • alairarlington.com

Julie Andre, Senior Mortgage Loan Officer Julie Andre is an area native and highly experienced Senior Mortgage Officer with UNFCU, lending in all 50 States. She provides valuable solutions and education for all home loan types and sizes. Julie provides individualized attention to borrowers from pre-approval through closing. First-time buyers, move-up buyers, downsizers, self-employed, investors, second homes, cash buyers seeking delayed financing, foreign nationals and more. In addition to weekdays, Julie is available evenings and weekends.

703.237.0333 • jandre@unfcu.com

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HO ME & R EA L E STATE

PAGE 18 | OCTOBER 12 - 18, 2023

FALLS CHURCH NEWS-PRESS | FCNP.COM

D.C. Development Center Helps Local Latino-Americans With Housing by Kylee Toland

Falls Church News-Press

For over 30 years, a D.C. nonprofit organization has been offering ways to help Latino-Americans and their families with homeownership and economic advancement. The Latino Economic Development Center (LEDC), a communitybased organization run by bankers, business professionals and civil rights activists, has been supporting Latino and other underserved communities by providing financial tools and skills to create a “better future” for themselves and their families. These skills and tools focus on housing, small business and direct community investments. LEDC’s program manager and certified housing counselor Karen Serfis said the organization provides small business coaching, small business loans, homebuyer education classes and housing counseling services in both Spanish and English. “LEDC is happy to help any prospective first time home buyers navigate the process of buying a home,” Serfis said. “We do not charge for our services…if anybody is experiencing difficulties paying their mortgage, we are here to help

homeowners apply for assistance.” Started on July 3, 1991 after “day of violent clashes between the Latino community” and the nation’s capital triggered by the shooting of a Latino man in the Mount Pleasant neighborhood, LEDC’s founders applied for and received “seed funding” from the capital’s Office of Business and Economic Development. From there, Serfis said the organization was developed to help low-income Latino-Americans build assets. “For 32 years, LEDC has delivered culturally and linguistically competent, comprehensive community and economic development services,” Serfis said. “Our mission is to drive the economic and social advancement of low- to moderateincome Latinos and other underserved communities in D.C., MD, VA and PR by equipping them with the skills and tools to achieve financial independence and become leaders in their communities.” Housing services include homeownership counseling and affordable housing preservation/tenant organizing, which are stated on LEDC’s website in being “critical to helping our clients acquire and preserve their most critical asset, their

housing.” The homeownership counseling program focuses on helping low to moderate income residents build their financial capability skills, establish or repair their credit, purchase their first home or save their home from foreclosure. The affordable housing preservation/tenant organizing program focuses on ensuring DC tenants are aware of their rights as tenants and have the necessary leadership skills to organize and preserve their housing as “affordable,” improve their housing conditions, appropriately negotiate the purchase of their buildings and have influence over housing policy decisions in the District. In the Little City, Serfis said the organization has provided services to two households in the last 12 months. Both households were purchased through the City of Falls Church’s Homeownership Program — a fairly-new program offering affordable houses at sale prices below market rate to homeowners earning between 50 percent — 120 percent area median income (AMI). “This program is still in its infancy but I believe that the City is trying to find ways to help low- and moderate-income and minority households

LEDC PROVIDES FINANICAL tools and skills to create a “better future” to Latino-Americans. (Photo: Jaime Segui-Asad) purchase affordable property,” Serfis said. “It is not an easy task…We have a huge shortage of affordable housing and interest rates have also made it very challenging for prospective buyers to afford a home.” After a client purchases a house, Serfis said LEDC does provide post-purchase counseling for

households after they have bought said property. Budgeting, addressing possible financial issues or help with refinancing — if the rate drops — is also offered. For more information about the Latino Economic Development Center, visit their website at ledcmetro. org/.

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Senior Mortgage Loan Officer NMLS ID 1010775

Information subject to change without notice. Loans subject to credit approval.


FALLS CHURCH NEWS-PRESS | FCNP.COM

HO ME A ND R EA L E STAT E

OCTOBER 12 - 18, 2023 | PAGE 19

Home Sales Vs. 1 Year Ago

Home Prices Vs. 1 Year Ago

Change in # of Homes Sold: 3Q ‘22 vs 3Q ‘23

Change in Average Home Price: 3Q ‘22 vs 3Q ‘23

Change in Falls Church City (22046)

Change in Falls Church City (22046)

4.41%

5.20%

Change in Bailey’s X-roads (22041)

Change in Bailey’s X-roads (22041)

-13.04%

2.77%

Change in Sleepy Hollow (22042)

Change in Sleepy Hollow (22042)

-32.18%

6.07%

Change in Pimmit Hills (22043)

Change in Pimmit Hills (22043)

0.00%

24.16%

Change in Lake Barcroft (22044)

Change in Lake Barcroft (22044)

-9.43%

SOLD!

UNDER CONTRACT!

7108 Westfield Court, Alexandria

Charming townhouse in green, open setting near Huntley Meadows Park. Offered at $475,000. Representing buyers.

-10.38%

7734 Virginia Lane Falls Church

Immaculate, spacious 4 br/4 bath multi-level with outstanding landscaping. $1,010,000. Represented sellers.

SOLD!

600 Knollwood, Falls Church City

Buyers were able to buy the lot of their dreams for their new home - 16,000+ square feet! $1,200,000. Represented buyers.

The market is still moving, even with higher interest rates. If you want to buy or sell then let's talk.

We can make your dreams come true too! Realtor, NVAR Platinum Producer

703-298-9495 Each Office is Independently Owned and Operated

Thanks for your confidence and your business.

alisonmiller@kw.com AMatKW.com 105 W. Broad Street Falls Church, VA 22046


PAGE 20 | OCTOBER 12 - 18, 2023

HO ME & R EA L E STATE

FALLS CHURCH NEWS-PRESS | FCNP.COM

Real Estate

Top 5 F.C. Home Sales JULY 1 – SEPTEMBER 31, 2023 Sales

1. 6602 Gordon Ave. Falls Church, VA 22046 2. 2239 Beacon Ln. Falls Church, VA 22043 3. 6562 Brooks Pl. Falls Church, VA 22044 4. 506 N West St. Falls Church, VA 22046 5. 6241 Edgewater Dr. Falls Church, VA 22041

#2 $2,251,197

#1 $2,400,000

#3 $2,125,000

#4 $2,050,000

#5 $2,030,000


FALLS CHURCH NEWS-PRESS | FCNP.COM

HO ME A ND R EA L E STAT E

OCTOBER 12 - 18, 2023 | PAGE 21

F.C. City Closes on 2 Homes in Its Affordability Push Tuesday, Oct. 10 -- The City of Falls Church announced today a significant milestone in its commitment to affordable housing with the closing of the first two homes through the City of Falls Church Affordable Homeownership Program (CFCAHP). This is a groundbreaking initiative that addresses the growing housing affordability crisis in Northern Virginia by providing eligible residents with affordable pathways to homeownership. The program can reduce the purchase price of a home by up to $150,000 and can provide access to other homebuyer benefits, including reducing interest rates, down payment assistance, and environmental sustainability-oriented home upgrades that result in monthly savings. “I never thought this could happen for me. It was always my dream to own a house,” said one of the new homeowners. “My family lived in Falls Church for over a decade,” said the other new homeowner. “With the help of this program I

can finally call myself a homeowner.” So far, CFCAHP has purchased three homes from private owners. The program is managed by NHPF, a publicly supported non-profit real estate corporation that partners with local real estate professionals, financial institutions, and housing organizations. NHPF oversaw energyefficiency upgrades for these two homes, including new appliances, HVAC systems, lighting, and building envelope improvements. A third home with two bedrooms is still available for purchase, with more homes to come. “This momentous occasion marks the beginning of a transformative initiative aimed at increasing affordable homeownership opportunities in the City,” said City Housing Development Specialist Brenden Woodley. “It’s a remarkable program that borrows many of the features from other programs in Northern Virginia that ultimately creates something unique and special.” “These first two closings are just the beginning of our efforts

to make homeownership attainable for more of our residents,” said Dana Jones, Director of Human Services for the City. “This program is part of the City’s broader strategy to address housing affordability challenges, emphasizing the importance of long-term stability and community growth.” “This is an important initiative to create opportunities for not just housing, but also jobs, schools, and other important resources in a high-opportunity neighborhood. We’re glad to participate in a program that helps address prior exclusionary housing policies,” said Pamela Lee, Director of Development at NHPF. To participate in the program, buyers must meet certain eligibility requirements, be prequalified for a loan as a first-time homebuyer, and take Homebuyer Education Classes with Virginia Housing. People who are interested in participating in CFCAHP should visit www.fallschurchahp.org. City of Falls Church property owners interested in selling

homes to the City for this program can contact NHP Foundation at inquiries@fallsch-

urchahp.org. The City offers all-cash payments at competitive prices for qualified homes.

(703) 345-3100 • FairfaxNW@nhancelocal.com


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