The Housing Policy Advisory Council Report

In October 2014, Governor McAuliffe issued Executive Order (EO) 32, “Advancing Virginia’s Housing Policy,” to “identify and implement actions to enable quality, affordable housing, which will strengthen families and communities and foster economic growth.” The Housing Policy Advisory Council (HPAC) was thus established under the leadership of the Secretary of Commerce and Trade to help guide the development and implementation of Virginia’s housing policy.

 

A key directive of EO  32 was identifying the links between housing and economic and community development. To this end, the HPAC commissioned a study from a consortium of researchers at Virginia Tech, George Mason University, The College of William and Mary, and Virginia Commonwealth University, with the premise that successful housing policy must be based on independent analytic findings and best practices. The collaborative research of the four universities provides key information on the Commonwealth housing sector, focusing on the economic impact of housing, future scenarios impacting housing needs, and links between housing and other key policy sectors.