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Describe the number and targeting (income level/type of family served) of units assisted with federal, state, and local programs.
Provide an assessment of units expected to be lost from the affordable housing inventory for any reason, such as expiration of Section 8
contracts.
There is no immediate expectation of loss of Section 8 units operated by Newport News Redevelopment and Housing Authority
(NNRHA). Currently, NNRHA does not expect to lose any units due to expiring Section 8 contracts.
However, a significant number of affordable units are at risk of losing their affordability restrictions in the coming years. A "How to Identify and
Preserve Expiring Affordable Housing Units" report indicates that 2,394 rental units in Newport News are at risk of losing their affordability restrictions
by 2035.
This risk includes units under different programs: This total includes 260 HOME units, 702 LIHTC units, and 511 Section 8 units.
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