INDEPENDENT LOCAL NEWSNewport News, Virginia
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NNRHA Board of Commissioners regular meeting package — August 18, 2026

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PROGRAM YEAR 2026-2027 HOME Investment Partnership Program (HOME) Activities City of Newport News/NNRHA HOME Initiatives HOME PROGRAM Entitlement INCOME Total Funds Units HOME PROGRAM ACTIVITIES 2026-2027 (Anticipated) HOME DPA $200,000.00 $200,000.00 9 Provide down payment and closing cost assistance to first-time homebuyers HOMEcare $100,000.21 $100,000.21 4 Low-interest loan program for owner occupied home repairs HOMEvestor II $130,078.00 $25,000.00 $155,078.00 13 Acquisition, renovation and preservation of multi-family rental housing 4 Community Housing Development Organizations (CHDOs) $300,500.00 $300,500.00 Assis qualified CHDOs with the acquisition, development or sponsorship of affordable housing HOME Administration $58,953.00 $25,000.00 $83,953.00 N/A Provides for the costs of planning, monitoring, marketing and administering the HOME program Total Funds Available $789,531.21 $50,000.00 $839,531.21 Total Number of Units 30
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