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

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Select Transactions 2018 HIGHLIGHTS 1,311 units preserved 1,930+ New residents served 829 Unit renovations completed $205MM acquisition, preservation, and renovation of an 875-unit, 6 building Senior Section 8 portfolio in the Chicago area. Largest single- transaction Tax-Exempt Bond/4% LIHTC deal in IL history. $64.3MM acquisition, renovation, and preservation as affordable housing using LIHTCs and Tax-Exempt Bonds of a 187-unit Senior property with a Section 8 HAP in Sacramento, CA. $22.1MM acquisition and renovation using LIHTCs and Tax-Exempt Bonds of a 106-unit property with a Section 8 HAP contract serving Seniors in Providence, Rhode Island.
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