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City of Newport News – Allocations for CDBG and HOME (Program Year 2025 - 2026)
CDBG
Entitlement Allocation FY 2025 $1,304,472.00
Projected Program Income FY25 $160,000.00
Total Program Budget for FY25 $1,464,472
HOME
Entitlement Allocation FY2025 $794,525.14
Projected Program Income FY25 $50,000.00
Total Program Budget for FY25 $844,525.14
Summarize the objectives and outcomes identified in the Plan
This could be a restatement of items or tables listed elsewhere in the plan or a reference to another location. It
may also contain any essential items from the housing and homeless needs assessment, the housing market analysis
or the strategic plan.
The Annual Action Plan for the period July 1, 2025 to June 30, 2026 implements the goals of the 2025- 2029 Five-
Year Consolidated Plan which focuses on providing safe, decent and affordable housing and creating economic
opportunities for citizens of Newport News. The goals and objectives of the Annual Action Plan, as formulated by
the Five-Year Consolidated Plan, are summarized below:
Goal 1: Housing Preservation and Neighborhood Revitalization – Housing preservation and neighborhood
revitalization priorities consist of the elimination of slums and blight, codes enforcement, the acquisition and
rehabilitation of properties, owner-occupied housing rehabilitation and development activities
Goal 2: Expand Economic Development- Economic development activities consisting of loans and grants to establish
and strengthen business in the City thereby generating jobs
Goal 3: Homeless Intervention and Special Populations Housing – CDBG funds will continue to support certain
homeless intervention programs over the next five years identified as high priorities in the Consolidated Plan
Goal 4: Maintain Affordable Housing Units – Promote homeownership opportunities and the retention of owner-
occupied housing units; Maintenance of Affordable Rental Units
Goal 5: Increase Community Services Programming – CDBG funds will be used towards activities that provide
services in the community
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