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A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE NEWPORT
NEWS REDEVELOPMENT AND HOUSING AUTHORITY AUTHORIZING THE
EXECUTIVE DIRECTOR TO EXECUTE A CONTRACT FOR SERVICES
BETWEEN THE CITY OF NEWPORT NEWS AND THE NEWPORT NEWS
REDEVELOPMENT AND HOUSING AUTHORITY TO ADMINISTER THE
PROGRAM YEAR 2025-2026 HOME INVESTMENT PARTNERSHIP
PROGRAM
WHEREAS, it is anticipated that the Department of Housing and Urban
Development (HUD) will provide the City of Newport HOME Investment
Partnerships (HOME) entitlement funds in the amount of $794,525.14 for the
program year ending June 30, 2026 to carry out eligible HOME activities; and
WHEREAS, additional funding in the amount of $50,000.00 in HOME
estimated program income will be available as part of the HOME program; and
WHEREAS, the City Manager is authorized to execute a contract with the
Newport News Redevelopment and Housing Authority to administer the HOME
program as approved for FY 2025-2026 and carry out sub-recipient program
activities subject to funding approval by HUD and contract review and approval by
the City Attorney; and
WHEREAS, the Newport News Redevelopment and Housing Authority
administers the HOME Investment Partnerships (HOME) Program on behalf of the
City of Newport News and may need to execute extensions for prior-year HOME
contracts where funding has not been fully expended to ensure the continued use
of previously awarded funds in accordance with HUD program requiremenis;
NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners of
the Newport News Redevelopment and Housing Authority that the Executive
Director is authorized to execute contracts for services between the City of
Newport News and the Newport News Redevelopment and Housing Authority for
the HOME Investment Partnerships program subject to the City Manager's
signature, Authority attorney review and funding availability.Jump to an indexed page (65 of 65)