INDEPENDENT LOCAL NEWSNewport News, Virginia
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Draft: Newport News CDBG and HOME Annual Action Plan — 2026–2027

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HOME public - Acquisition 789,531.21 50,000.00 0.00 839,531.21 2,518,593.63 HOME funds are utilized to federal Homebuyer support affordable housing assistance initiatives and address the Homeowner housing needs of low- and rehab moderate-income residents Multifamily within the City of Newport rental new News. Local HOME-funded construction initiatives include down payment assistance (DPA) for Multifamily eligible homebuyers, owner- rental rehab occupied housing New construction rehabilitation activities, for ownership development and TBRA preservation of affordable housing units, and other housing-related programs designed to improve housing stability and neighborhood revitalization. Table 5 - Expected Resources – Priority Table Annual Action Plan 15 2026 OMB Control No: 2506-0117 (exp. 09/30/2021)
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