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RVAR Endorses Candidates in Roanoke City & Salem |
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RVAR's Board of Directors has endorsed candidates in the upcoming elections for Roanoke City and Salem City Council races. All the candidates in both jurisdictions participated in interviews with questions focused on economic development, budget issues, top priorities facing the two Cities, assets and challenges, area growth and their vision. Roanoke has seven candidates running for three seats and Salem has six candidates vying for two seats. Each endorsed candidate will receive a $1,000 RPAC contribution to their individual campaigns. Roanoke City Council Endorsed Candidates: | | | | | Bill Bestpitch | Ray Ferris
| Robert Jeffrey
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Salem City Council Endorsed Candidates: | | | Randy Foley
| John Saunders |
Special thanks to RVAR's Governmental Affairs Committee and the members of the interview panels for their efforts to conduct interviews for these contested races.
If you live in either of these two Cities, please remember to vote on Tuesday, May 1st! |
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Roanoke Named #3 Best Affordable Place to Live |
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Roanoke has earned a spot on another Top 10 list for its outstanding quality of life! Roanoke is ranked #3 on the new list of 2018 Best Affordable Places to Live published by Livability. The list was compiled based on a review of over 2000 cities around the country and selected based on a combination of cost of living, entertainment, median income, economy, healthcare and amenities. Livability cites the area's temperate climate, over 600 miles of trails, oportunities for outdoor recreation, cultural offerings like the Taubman Museum of Art and Roanoke Symphony Orchestra and an affordable cost of living. Roanoke was the only Virginia city to make this Top 10 list. |
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NAR Wins Pro-Real Estate Provisions in Budget Deal |
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The federal budget deal signed by President Trump on February 9th contains a number of wins for real estate, backed by the National Association of REALTORS®: - National Flood Insurance Program extended until March 23rd, to give lawmakers time to work on longer term reauthorization. Adds $27 billion in mitigation funds to address issues arising from last year's hurricanes.
- Mortgage Debt Forgiveness retroactively extended for 2017 tax year, to prevent homeowners who were forced to sell their home in 2017 through a short-sale or faced a foreclosure, from being taxed on the "phantom income" received when a lender cancelled their debt.
- Deduction for Mortgage Insurance Premiums retroactively extended for 2017 tax year.
- Energy Efficient Commercial Buildings Deduction retroactively extended for 2017 tax year for the cost, up to $1.80 per square foot, of energy-efficient commercial building property.
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