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NNRHA August 19, 2025 board meeting package

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Public Housing Complexes and the Average Income Deconceniration Analysis as of December 20, 2024 Southeast Complexes Total Units Average Income *Ashe Manor 50 $14,591 Marshall Courts 347 $15,153 Northend Complexes Aqueduct 262 $12,588 *Pinecroft 140 $14,433 TOTAL 799 Average Income for ail families $14,191 鈥淓lderly Housing Exclusion The Established income Range (FIR) is 85% to 115% of the PHA public housing income for the covered developments. Complexes Avg income for Complex 85% Tesi Average Income for All Families 115% Test Marshall Courts $15,153 $12,880 $14,194 $16,320 Aqueduct $12,588 $16,700 $14,191 $16,320 Summary-This analysis was prepared with the data as of December 31, 2024. We feel that income data and characteristics are sufficiently explained by these circumstances for the covered developmenis and support the goals of Deconceniration of Poverly and income mixing. In adcition, we will review this dala annually along with the Occupancy Policy as part of the pianning process to further fair housing. Flat Rents Effective January 1, 2025, we set our fiat rents no lower than 80% of the Department of Housing and Urban Development established fair market rent (FMR) in their area by bedroom size. The affected families rent will change at their next income re-examination. Families siill have the option of selecting the Income Based Rent, which in some cases may be lower. In addition, in some cases, the new Flat rent may be phased in by $50 quarierly until the new rent amount is achieved. Payment Standards The Housing Chcice Voucher Payment standard is used to calculate the Housing Assistance Payment (HAP) for families participating in the Section @ program and is the maximum month assislance payment allowable. In accordance with HUD regulations. The Voucher Payment Siandard, effective January 1, 2025 is set using the actual small area FMR up to 110%. The Voucher Payment Standards are now broken into bedroom size and zip codes throughout the city of Newport News. Financial Resources: See Attachment B Community Service and Self: Sufficiency Programs: The Family Self Sufficiency (FSS) program enrolled (19) Public Housing end (25) HCV new participants. A total of (2) participanis purchased homes. Safety and Crime Prevention: The Newport News Redevelopment and Housing Authority updated their plan to include updates to the VAWA forms. Asset Management: Capiial Needs Assessments (CNA) will be prepared and used as a tool to guide all capital and rehabilitation needs. Physical Needs Assessments were conducted for Aqueduct and Pinecroft Apartments in 2025 to support and prioritize future capital improvement. The CNA review will also inform the need to consider demolifion/disposition and reconstruciion as a method to ensure assets are viable and meet the need of our residents. (c} The PHA must submit its Deconcentration Policy for Field Office review. Submitted fo the Field Office for review. Previous version is obsolete Page 3 of form HUD-S0075-ST (9/30/2027)
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