INDEPENDENT LOCAL NEWSNewport News, Virginia
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NNRHA Board of Commissioners meeting package — March 2026

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COMMUNITY DEVELOPMENT A public announcement regarding the 2026-2027 Annual Action Plan was posted on the City of Newport News and the Newport News Redevelopment and Housing Authority websites. Additionally, advertisements were placed in the Daily Press and via email distribution. This launched the development of the Annual Action Plan for the 2026-2027 Program Year (July 1, 2026 — June 30, 2027). A virtual public meeting was held on Tuesday, February 10, 2026, to gather community input, provide guidance on the application process, and highlight key dates. Applications from public service organizations across Newport News were due by Friday, February 20, 2026. Applicants were invited to a virtual meeting on Wednesday, March 5, 2026, at 9:30 a.m. to review Public Service proposals. Following this, the committee convened to evaluate the proposals and provide funding recommendations. It is anticipated that HUD will award entitlement funding during the second or third quarter of 2026. Once CDBG and HOME funding for program year 2026/2027 is disbursed, funds will be allocated to the approved non-profit organizations, and the approved Annual Action Plan activities will be funded. Sponsoring Partnerships & Revitalizing Communities (SPARC) and Down Payment Assistance (DPA) The SPARC Program provides eligible homebuyers using a Virginia Housing loan product with a 1% reduction in their mortgage interest rate, helping make homeownership more affordable. For the current program year (July 1, 2025 — June 30, 2026), NNRHA was allocated $4,000,000 in SPARC funding. As of this reporting period, approximately $3,900,000 (98%) has been utilized, leaving $100,000 remaining to support additional homeownership opportunities. Redevelopment & Homeownership The Newport News Redevelopment and Housing Authority (NNRHA) administers the Citywide Down Payment Assistance (DPA) Program for first-time homebuyers through the HOME Investment Partnerships Program (HOME), providing financial support for home purchases within Newport News. For Calendar Year 2026, seven (7) applications have been received, including two (2) new applications submitted in February. Of the seven applications received, two (2) projects have been completed, two (2) were determined to be ineligible, and one (1) is currently in the underwriting process. The remaining applications are incomplete and are awaiting documentation from the applicants to determine eligibility before the underwriting process can begin. To date, $50,000 in HOME funding has been expended to assist eligible first-time homebuyers in achieving homeownership within the City. Down Payment Assistance (DPA) Calendar Year: January 1, 2026 — December 31, 2026 (Completed) Denied Current Month | Underwriting in Withdrew (Completed) Process 2 2 0 1 0 New DPA Applications February 2026 Total DPA Applications Received for January 1, 2026 —- December 31, 2026 2 7
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