INDEPENDENT LOCAL NEWSNewport News, Virginia
Back to the record

Document text · Page 31 of 43

NNRHA April 15, 2025 board meeting package

Text from the approved public copy. Page numbers follow the PDF sequence.

Open Source Document

This page was read by OCR. Text can misread numbers, dates or table columns. Check the PDF before quoting or interpreting it. Redacted areas remain redacted.

Month nuary bruary arch HCV MS EHV HCV MS EHV HCV Ms EHV #of Vouchers Utilized 2541 129 28 2557 130 28 2562 130 28 Lease Rate 85.2% 91.5% 93.3% 85.7% 92.2% 93.3% 859% 92.2% 93.3% $ NEWPORT NEWS REDEVELOPMENT AND HOUSING AUTHORITY 2025 Housing Choice and Mainstream Voucher Program Utilization Report - Actual For the Year Ending December 31, 2025 HAP Payments to Landlords _ 2,390,816.00 114,268.00 27,901.00 2,434,022.00 409,437.00 26,578.00 2,402,236.00 106,856.00 26,814.00 7,638,728.00 CY Housing Choice 2025 Annual Budget Authority Housing Choice Voucher Funding Mainstream Voucher Program Funding Emergency Housing Voucher Program Funding HCV Units VASH ul CNI tenant protection Marshall tenant protection Warwick SRO - RAD2 Baseline HCV count Mainstream Vouchers Emergency Housing Vouchers Total Vouchers Avg HAP 940.90 885.80 996.46 951.91 841.82 949.21 CHK HHH 937.64 820.43 957.64 OOo POR OHH o Monthly +l Dollar Utilization 147,212.00 15,096.00 7,008.00 104,783.00 10,265.00 4,595.00 80,406.00 4,759.00 22,384.00 Monthly Amount of Funding Utilized 106.6% 115.2% 133.5% 104.5% 110.4% 120.9% 103.5% 104.7% 605.3% $ 28,885,626 Final $9.5% proration $28,885,626 $ 1,202,431 Final- 100% $ 366,362 —Final- 100% 2507 54 247 88 es _ 88 2984 141 30 3185 Year to Date Amount of Other Funding Funding Sources NNRHA Held HUD Held ized From HUD Fraud Recovery OfFunds = Reserve Balance —- Reserve Balance (1,142,693.00) 3,846,645.00 106.6% $ 2,243,604.00 $ (1,289,905.00) 3,941,199.50 115.2% § 99,172.00 (134,023.00) (7,776.50) 133.5% § 20,893.00 23,083.00 89,226.17 105.5% $ 2,329,239.00 $ (1,394,688.00) 3,934,410.00 112.8% $ 99,172.00 $ (144,288.00) (11,375.50) 1271% $ 21,983.00 $ 18,488.00 97,248.84 104.8% $ 2,321,830.00 $ (1,475,094.00) 3,915,650.00 110.0% § 101,897.00 $ (149,047.00) (17,699.60) 171.8% $ — 4,430.00 $ (3,896.00) 122,824.50 $ 7,242,220.00
Jump to an indexed page (43 of 43)

Report a privacy or text-extraction issue through publication requests.