Rising home prices, higher interest rates and a shortage of available inventory have been the trend for years in the Charlottesville, the second-most expensive real estate market in all of Virginia.

In its second phase, it will add 100 new affordable homes, with approximately half ... significant long-term benefits to families in Charlottesville and the broader community.

Advantage Capital has closed the financing for the second phase of Kindlewood, a $68 million affordable housing redevelopment and expansion in Charlottesville. Phase II, which broke ground last month, ...