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NNRHA April 15, 2025 board meeting package

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Minutes of a Meeting of the Newport News Redevelopment and Housing Authority Approval of Minutes January 21, 2025 Communications New Business The Board of Commissioners of the Newport News Redevelopment and Housing Authority Approving Project Based Voucher for Eagle Landing Trace II VA LLC For Eagle Landing Trace Apartments The Board of Commissioners of the Newport News Redevelopment and Housing Authority Authorizing the Sale of a Vacant Lot Located at 1128 22nd Street February 18, 2025 Commissioner Black moved that the minutes of the regular meeting of the Board of Commissioners held on January 21, 2025 be approved with noted changes. The motion was seconded by Commissioner Knight and passed with a majority vote and one abstention. ! The following communications were provided to the Board and r茅viewed by the Executive Director. The Authority received correspondence from the; City informing us of the upcoming 11th Annual Newport News One City Marathon Weekend. The race kicks off on Saturday, March 1st, at City Center. Ms. Shaw informed the Board that NNRHA has complimentary tickets if anyone is interested in joining the race. The Board was provided copies of a resolution approving Project Based Voucher for Eagle Landing Trace VA LLC for Eagle Langing Trace Apartments! The Authority issued a Request for Proposals for up to 40 units of project-based vouchers on January 25, 2025 with responses due February 7, 2025. One application was received from Eagle Landing Trace II, which is also requesting Low Income Housing Tax Credits (LIHTC) from Virginia Housing (formerly VHDA) next month in the annual 9% LIHTC round. Project Based Vouchers were issued last year in phase | of the development and this issuance is phase Il. The project will consist of the new construction of 60 units off of Youngs Mill Lane just north of Warwick Bivd & Oyster Point Road. A map was provided. The proposal was evaluated and|scored, based on published criteria by the Executive Director and the Deputy Executive Director. The score sheet was attached showing an average score of 73. It is proposed that units will be made available to households in the 30%, 50%, 60% and 80% of the area's median income. The developer offers the Authority $2,000 of their developer fee for each PBV awarded. | Ms. Shaw recommended the approval of the award of 6 Project Based Vouchers to Eagle Landing Trace VA, LLC and Board approval of the attached resolution. Commissioner Knight made a motion to approve the resolution. 鈥楥ommissioner Black seconded the motion which passed with a unanimous vote. The resolution is attached to and made a part of these minutes. : The Board was provided copies of a resolution authorizing the sale Of real property located at 1128 22nd Street. The purpose of this resolution is ta authorize the Executive Director to negotiate and enter into a Purchase Agreement with Janet Heffeman and Paul Anderson, to purchase 1128 22nd Street. The sales price is equal to the tax assessed value of $10,000. The lot at 1128 22nd Street is 25 x 100 and, given its size, it is not a buildable lot. The vacant lot is situated next door to the property owned by Janet Heffernan and Paul Anderson.
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