HR Partnership | October 19, 2008

Report provided by Dr. Filer to the Hampton Roads Partnership Executive Committee on 17-Oct 2008.

Summary: as of Aug08, the U.S. has $19.3T in housing stock with $10.6T in debt. 91.6% are at prime rates; only 8.4% is sub-prime. So, how did this small sub-prime number create such havoc? Regionally, Hampton Roads has less sub-prime stock than the nation and comparable MSAs (such as Charlotte, Jacksonsville, Atlanta). Locally, while still small, the majority of sub-primes are #1) Suffolk, with an alarming rate #2) Chesapeake #3) Portsmouth #4) Hampton.

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Category: Economy | No Comments »
Tags: Chesapeake, Economy, Hampton, Hampton Roads, Portsmouth, SlideShare, Suffolk

HR Partnership | October 16, 2008

by Russell Manning (including photo credit)
WVEC News 13 interviews meeting participants. HRP’s Executive VP, Donna Morris, also in attendance, can be seen in the background.

Representatives from Hampton Roads Transit, Williamsburg Area Transit, VDOT, and other transportation specialists were on hand at the HRMPO Public Meeting. Speaker, Michael Townes, President/CEO of HRT, hit home with his message that now is the time for regional mass transportation action.

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Category: Transportation | No Comments »
Tags: HRMPO, Transit Vision Plan, Transportation

HR Partnership | October 16, 2008

Secretary of Transportation Pierce Homer told the Commonwealth Transportation Board on October 15th that state and federal transportation revenues will decrease $2.1- $2.6B leading to more cuts in the road and bridge construction plan over the next 6 years.

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Category: Transportation | No Comments »
Tags: Transportation, VDOT

HR Partnership | October 15, 2008

L to R: ROTC Cadet Delk, Dana Dickens and John Broderick, ODU’s Interim President Photo Credit: Stephanie Goodie

On Friday, October 10th, E. Dana Dickens III, President/CEO of HRP was presented with the Albert B. “Buck” Gornto Jr. Regional Service Award for his outstanding commitment and service to the Hampton Roads region of Virginia. Dana came to HRP in 2005 with a distinguished background in public service in Hampton Roads, having served as vice chairman on the Suffolk Planning Commission and chair of the Subcommittee on Ordinances as well as Suffolk City Council. Dana also became the first ever “rookie” councilman elected mayor, serving two terms as mayor.

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Category: Education & Workforce | No Comments »
Tags: Awards, Broderick, ODU, Old Dominion University

HR Partnership | October 13, 2008

Hampton Roads Partnership, a public-private nonprofit organization committed to pursuing regional competitiveness in a global economy, has named Missy Schmidt (formerly Missy Blankenship) as Communication Manager.

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Category: About Hampton Roads | No Comments »
Tags: Communication Manager

HR Partnership | October 13, 2008

HRP’s own Program Manager, Andrew Sinclair, was named to INSIDE BUSINESS’ tenth annual Top Forty Under 40. IB picks 40 young, rising, successful (while being involved in the community) businesspeople to spotlight each year.

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Category: Business Community | No Comments »
Tags: Awards, HRP, Inside Business