In The News

Board of Supervisors Adopt $3.3 Billion Budget; Tax Rate Lowered by 5.5 Cents

April 8, 2021

For the first time since 2008, Loudoun County’s real estate tax rate will fall below $1.

On Tuesday, April 6^th, the Loudoun County Board of Supervisors approved a 2022 fiscal budget in the amount of $3.3 billion. The budget will decrease the real property tax rate by 5.5 cents per $100 of assessed property value, bringing the new rate to $0.98 per $100 in assessed value (down from last year’s $1.035)… CLICK TO READ MORE

PRO Act passes in U.S. House: What the Bill Means for REALTORS®

April 6, 2021

On March 9th, the U.S. House of Representatives passed H.R. 842 – the Protecting the Right to Organize Act (the PRO Act) by a vote of 225-206. The real estate community has been buzzing with uncertainty since the legislation suddenly passed, as many are unsure of how it will impact REALTORS®… CLICK TO READ MORE

Loudoun County Board Reverses Goose Creek Development Decision

March 22, 2021

In a 6-2-1 vote, the 238-unit development proposal was reversed amid conservation and environmental concerns.

On Tuesday, March 16th, the Board of Supervisors reversed their initial approval of the Goose Creek Overlook Development by a vote of 6-2-1, with one supervisor abstaining. The project, which was approved on March 2nd, has now been denied amid rising environmental concerns…  CLICK TO READ MORE

President Biden Signs American Rescue Plan into Law

March 12, 2021

White House says stimulus payments could be direct-deposited into some bank accounts by this weekend.

Yesterday, President Biden signed the $1.9 trillion COVID-19 relief bill into Law. The bill, dubbed the American Rescue Plan (ARP), will provide $1,400 stimulus checks to most Americans (now including adult dependents), $300 per-week in unemployment aid for those without work, expand the Child Tax Credit, and provide other forms of immediate relief to American families… CLICK TO READ MORE

Greenway Bill Lands on Governor Northam’s Desk for Approval

March 4, 2021

HB 1832, introduced by Del. Suhas Subramanyam (D-87), and SB 1259, introduced by Sen. John Bell (D-13) have passed in both chambers of the Virginia State Legislature.

The Virginia Highway Corporation Act (often called the “Greenway Bill”) has passed both the House of Delegates and the State Senate (33-5) as of late February. Now, the fate of the bill rests on the desk of VA Governor Northam who has until March 31^st to act on the legislation…
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DAAR Applauds House Passage of the Equality Act

Feb 26, 2021

The Dulles Area Association of REALTORS® joins NAR and applauds the U.S. House for passing H.R. 5, the Equality Act.

On Thursday, February 25^th, the U.S. House of Representatives voted (224-206) to pass the Equality Act, with three members of Congress crossing party lines in support…. CLICK TO READ MORE

Association Health Plan Update:
S.B. 1341

Feb 22, 2021

SB 1341 Update: The Virginia REALTORS® about SB 1341, the Association Health Plan legislation.

The Association Health Plan bill, SB 1341 was referred to the Virginia Joint Commission on Health Care for further recommendations and study with the possibility for the legislation to be reconsidered next year. Unfortunately, this referral means that SB 1341 was not passed into law….
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