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

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Select Transactions 2025 HIGHLIGHTS 1,700+ units acquired 2,900+ New residents served 127-unit affordable, new construction property in Ewa Beach, HI. This marks Standard’s 9th property in the state. Once complete, the property will consist of 28 one-bedroom units, 87 two-bedroom units, and 12 three- bedroom units. 5+ communities acquired Acquired a 948-unit apartment community in San Jose, CA, marking the largest market-to-affordable conversion ever executed in the state of California. The $410 Million transaction closed in under 35 days. Standard’s first investment in Ohio. Acquired a 348-unit 100% affordable community in Cincinnati. All units are covered by a Project-Based Section 8 Housing Assisted Payment (HAP) contract. 
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