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7/9/26, 2:57 PM City Council Regular Meeting - Dec 09 2025 - Midtown Community Center (570 McLawhorne Dr, Newport News, VA 23601) - Minute…
The City Manager recommends approval.
(No registered speakers)
Moved by Councilman Cleon M. Long, P.E., seconded by Councilman Robert
Coleman, approval of the resolution.
Carried by the following votes:
Ayes: Councilman Cleon M. Long, P.E., Vice Mayor Curtis D. Bethany III,
Councilman Robert Coleman, Councilman Marcellus L. Harris III, D.
Div., and Mayor Phillip Jones
3. Item 1 of 2: Resolution Authorizing Jurisdictional Approval for the Newport
News Redevelopment and Housing Authority to Issue Multifamily Housing
Revenue Bonds for the Benefit of Stuart Gardens Housing Partners LP
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT NEWS,
VIRGINIA FOR JURISDICTIONAL APPROVAL OF THE ISSUANCE BY THE NEWPORT
NEWS REDEVELOPMENT AND HOUSING AUTHORITY OF ITS MULTIFAMILY
HOUSING REVENUE BONDS FOR THE BENEFIT OF STUART GARDENS HOUSING
PARTNERS, LP LOCATED IN THE CITY OF NEWPORT NEWS, VIRGINIA.
In early 2022, the Stuart Gardens Apartments were purchased by the Seattle-
based firm,
Vitus. Vitus seeks to preserve the 490 affordable housing units by renewing the
existing
Housing Assistance Payments (HAP) contract and investing in the complex’s
renovation. To aid in this planned renovation, Vitus is requesting the issuance of
the Newport News
Redevelopment and Housing Authority's housing revenue bonds in an amount
not to exceed $45,000,000 to assist in financing the renovation, rehabilitation,
improving and equipping of the multifamily residential facility for families and
individuals of low and moderate income residing in Stuart Gardens Apartments.
Renovating the complex would likely reduce the number of Code Compliance
issues associated with the property while enhancing the quality of housing and
improving the lives of residents. The City has placed conditions upon the
resolution(s) seeking to ensure a minimum level of investment, property
management and support for residents moving
forward.
The City Manager recommends approval.
(No registered speakers)
Moved by Councilman Cleon M. Long, P.E., seconded by Councilman Marcellus
L. Harris III, D. Div., approval of the resolution.
Councilman Long inquired about the $50,000 annual investment for resident
services mentioned in the agreement and which organization would be
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