Economic Impact Calculator Added to Sourcebook

Housing Virginia has just added an innovative new web-based tool. The Economic Impact Calculator for new construction units generates short and long-term job creation, gross fiscal revenues, and local economic growth based on the locality, style of dwelling, and square footage of the unit. The calculator is a simple, easy-to-use way to demonstrate the potential economic benefits of affordable housing.
Back in January, members of the Virginia Housing Coalition used a prototype of this calculator to generate data sheets that they brought to Capitol Hill in Washington to advocate for Low Income Housing Tax Credits and other affordable housing issues. Staffers of Virginia Congressmen were interested to see the detailed data generated for their districts.
Now, this groundbreaking new tool is available for everyone to use. Visit Sourcebook to access the calculator!