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VIRGINIA BEACH, VA, November 18, 2005 -- A new housing development by Golden Heritage Homes that broke ground today in Norfolk could become a model for affordable housing throughout Hampton Roads.

Norfolk City Councilman Anthony Burfoot and developer Don Weeks of Golden Heritage Homes officially broke ground this morning on the new community called Cape Henry of Norfolk.

Weeks is making it a priority that the new, affordable homes are certified as energy efficient. "Housing that’s affordable at purchase but wasteful in energy isn’t very affordable," he said. "Savings in mortgage payments shouldn’t go straight to energy bills."

Burfoot said he was elated about the project, which ends "20 years of no development" in the neighborhood.

The homes will be independently verified to be energy efficient in use of heating, cooling and hot water energy. The development, comprised on about 29 single-family homes, is scheduled for completion in mid-2007. The development features 1,400 - 1,700 square foot homes on 5,000 square foot lots priced between $195,000 - 225,000. Norfolk’s average new home price is $280,000.

"With only 46% of Norfolk residents owning their homes, developments like this will hopefully improve that number," said Weeks.

About Golden Heritage Homes
Golden Heritage Homes of Virginia Beach is one of the premier homebuilders in Hampton Roads, specializing in luxury and affordable homes that feature high quality construction, unique architecture, and energy efficiency.

Don Weeks contact
don@goldenheritagehomesva.com, (757) 216-8700