Hampton Roads residents have faced soaring housing costs in recent years, which have cost-burdened more people and held back the region’s economy.
While prices hit low to moderate-income earners the hardest, more professionals, such as teachers and tech workers, are finding themselves priced out of the market.
A Suffolk project is in the first round of state funding to increase housing options for middle-income earners. Virginia is investing $75 million in projects around the commonwealth through 2030 to expand options for these workers in a first-of-its-kind program in the state…