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NNRHA December 16, 2025 board meeting package

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RESOLUTION OF THE NEWPORT NEWS REDEVELOPMENT AND HOUSING AUTHORITY APPROVING THE OPERATING BUDGET FOR THE SECTION 8 HOUSING CHOICE VOUCHER, MAINSTREAM VOUCHER AND EMERGENCY HOUSING VOUCHER PROGRAM WHEREAS, the Operating Budget for the Calendar Year January 1, 2026 through December 31, 2026 for Section 8 Housing Choice Voucher, Mainstream Voucher and Emergency Housing Voucher Program has been reviewed by the Commissioners of the Newport News Redevelopment and Housing Authority; and (a) The proposed expenditures are necessary in the efficient and economical operation of the Housing Authority for the purpose of serving low-income families in the Housing Choice Voucher, Mainstream Voucher, and Emergency Housing Voucher Programs; and (6) 鈥楾he financial plan is reasonable in that it indicates a source of funding adequate to cover all proposed expenditures; and. (c) All proposed changes and expenditures will be consistent with provisions of law and the Annual Contributions Contract. NOW THEREFORE BE IT RESOLVED, that the Board of Commissioners hereby approves the Operating Budget for the Year January 1, 2026 through December 31, 2026 for the Section 8 Housing Choice Voucher, Mainstream Voucher and Emergency Housing Voucher Programs.
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