INDEPENDENT LOCAL NEWSNewport News, Virginia
Back to the record

Document text · Page 24 of 62

NNRHA Board of Commissioners regular meeting package — August 18, 2026

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.

5B NEWPORT NEWS REDEVELOPMENT AND HOUSING AUTHORITY MEMORANDUM DATE: August 18, 2026 TO: All Members, Board of Commissioners FROM: Lysandra M. Shaw, Executive Director An SUBJECT: Contract for Services between the NNRHA and City of Newport News for the administration of the HOME Investment Partnership Program for PY 2026-2027 Attached is a resolution authorizing the Executive Director to execute contract for services between the City of Newport News and the Newport News Redevelopment and Housing Authority for the administration of the HOME Investment Partnerships (HOME) for the 2026-2027 program year. The City Council approved the Consolidated Plan for Housing and Community Development and the Annual Action Plan on August 11, 2026, and authorized the City Manager to execute contract with NNRHA. The City of Newport News’ Consolidated Plan for Housing and Community Development is a planning requirement of the U.S. Department of Housing and Community Development (HUD) for the receipt and use of HOME Investment Partnerships (HOME) funds. As a recipient of these funds, the City is required to prepare a long-range consolidated plan that identifies housing, community and economic development needs and determines priorities, establishes strategic goals and allocated resources for programs funded by HUD and administered by the City. The Authority manages HOME program administration as well as programmatic functions on behalf of the City. The overall-objective of the HOME program is to expand the supply of safe, decent, and affordable housing in the community. This encompasses a wide range of activities including building, buying, and rehabilitating affordable housing for rent or homeownership payment assistance to low-income people. The HOME program also helps to expand the capacity of non- profit, Community Housing Development Organizations (CHDQs). The 2026-2027 HOME budget consists of $789,531.21 in entitlement funding form the Department of Housing and Urban Development (HUD) and $50,000. Administrative costs are set at 10% of the total HOME budget and at least 15% of funds must be set aside for specific activities to be undertaken by approved CHDOs. The contract outlines specific programs for which the Authority has administrative and program responsibilities. The resolution also authorizes the NNRHA Executive Director to execute any necessary extensions for prior-year HOME contracts where funding has
Jump to an indexed page (62 of 62)

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