Feb 7, 2025, 11:15
by
Hannah Jane Costilow
Welcome to FIVE FOR FRIDAY: A weekly roundup of public policy issues and headlines from around the Northern Virginia Region, the Commonwealth, and Capitol Hill.
by Danielle Finley, Associate Director of Political Engagement
Welcome to FIVE FOR FRIDAY: A weekly roundup of Public Policy Issues and Headlines. In this Issue: 1. Virginia House and Senate pass flurry of bills at session’s midpoint 2. How Trump could transform D.C. real estate, from downtown to design 3. Tariffs could have a chilling effect on home construction amid inventory crisis 4. Advantage Capital Invests in The Harbor at Quantico Creek Development to Bring Affordable Housing to Virginia 5. D.C. Zoning Commission Approves Two New Mixed-Use Zones in Chevy Chase.
By GREGORY S. SCHNEIDER and LAURA VOZZELLA, Washington Post
The Virginia General Assembly voted Tuesday on everything from a casino plan to gun control to campaign contributions in a massive burst of legislative action ahead of procedural deadlines. How much of it eventually becomes law depends on the politics of this statewide election year and, ultimately, the veto pen of Gov. Glenn Youngkin (R).
By AARON WIENER, Washington Post
Donald Trump’s presidency is shaping up to have a transformative effect on D.C. real estate, from the architecture of its buildings and the future of downtown to the market for luxury housing. Among his flurry of executive orders and memos on his first day in office were several that could directly affect the capital’s physical landscape.
By ASHLEY FAHEY, Washington Business Journal
On Feb. 1, President Donald Trump ordered tariffs on goods imported from Mexico, Canada and China. The move, which was widely expected, called for a 25% tariff on items shipped from Mexico and Canada, with a 10% tariff on Canadian energy goods like oil, natural gas and electricity. The tariffs for goods from both North American countries have been delayed for at least 30 days, as leaders of both countries early this week agreed to certain conditions around border security and fentanyl crackdown. A 10% tariff imposed on Chinese goods went into effect as announced.
Advantage Capital, a leading impact investment firm that invests with intention in underserved areas and expands access to affordable housing opportunities across the country, announced today the financial closing of The Harbor at Quantico Creek. Funded in connection with the Virginia Housing Opportunity Tax Credit (HOTC) program, this development will deliver critical affordable housing for seniors in the Town of Dumfries, Virginia.
By CHRISTOPHER S. COHEN, Holland & Knight
The D.C. Zoning Commission voted unanimously on Jan. 30, 2025, to approve amendments to the Zoning Regulations and Zoning Map to create two new Chevy Chase Neighborhood Mixed-Use Zones (NMU-4/CC1 and NMU-4/CC2) along the upper portion of Connecticut Avenue N.W.