In mid-2016, FAAR members and leadership returned from a conference energized about what great work other associations throughout the country had accomplished with a National Association of Realtors® (NAR) Smart Growth grant. This grant is available to help local associations partner with local governments and other stakeholders to plan for the population of tomorrow.
FAAR engaged with the local Chamber of Commerce, Fredericksburg Regional Alliance, local governments, and other stakeholders to scope out a regional study. FAAR applied for and received nearly $20,000 in grants from the NAR Smart Growth program and the Virginia Realtors® Issue Mobilization Fund to conduct the study. The studies provide a baseline housing assessment of each locality in our service territory to include the City of Fredericksburg, and the counties of Caroline, King George, Spotsylvania, and Stafford. The studies also include projections for how much housing will be needed in each jurisdiction over the next 15 years.