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Minutes of a Meeting of the
Newport News Redevelopment and Housing Authority
August 18, 2026
The Board of
Commissioners of The Board reviewed a resolution authorizing the Executive Director to execute
the Newport News documents necessary to complete the permanent financing and loan conversion for
Redevelopment and Choice Neighborhood IV-R (Legacy Landing), an 84-unit mixed-income housing
Housing Authority development. Ms. Shaw reported that the project was initially financed through a
Authorization for $16.3 million construction loan funded by tax-exempt bonds issued by NNRHA and
Execution of Bond that certain bond loan documents must be amended to facilitate loan extensions and
Loan Forbearance financing conversions.and Permanent
Financing Ms. Shaw further explained that Sentara Health provided up to $6 million inDocuments for
Choice construction-to-permanent financing and that extending the completion and
Neighborhood IV-R conversion deadlines to November 29, 2026, is necessary to allow the loan to convert
on Behalf of NNRHA to permanent financing. The resolution authorizes the Executive Director to execute
amendments to bond loan documents, loan extension and conversion agreements,
subordination agreements, deeds of trust, and other related documents required to
finalize the project's permanent financing structure.
Ms. Shaw recommended approval of the resolution.
Commissioner Bell made a motion to approve the resolution. Commissioner Black
seconded the motion which passed with a unanimous vote. The resolution is attached
to and made a part of these minutes.
Report to the
Mr. Jackson reported that the 2026–2027 Annual Action Plan (AAP), successfullyBoard
completed the required 30-day public review and comment period in compliance with
HUD requirements. A virtual public hearing was held on July 8, 2026, to present the
proposed activities and funding allocations and to gather public input. The plan was
developed using the City of Newport News' final Community Development Block
Grant (CDBG) and HOME Investment Partnerships Program (HOME) funding
allocations from HUD.
Mr. Jackson reported that the Annual Action Plan was scheduled for City Council
consideration on August 11, 2026. Upon City Council approval and HUD acceptance,
the City will be authorized to expend CDBG and HOME funds for eligible activities
during the 2026–2027 program year. NNRHA will continue administering both
programs on behalf of the City.
It was further reported that NNRHA successfully achieved all objectives of the
FY2025 SPARC grant, fully expended the available funding, and officially closed out
the grant. The program supported affordable homeownership by providing eligible
homebuyers using Virginia Housing loan products with a 1% mortgage interest rate
reduction. NNRHA plans to continue its partnership with Virginia Housing and
participate in the next funding cycle.
The Board also received an update on the Residential Rehabilitation Program, which
remained active during Jutly 2026. During the reporting period, 10 rehabilitation
projects were completed, 30 projects remained under construction or ongoing, and
20 cases were underwriting or pending approval. The program received 12 new
applications in July, bringing the total number of applications received to 47.
Mr. Jackson also reported on the Asset Repositioning Strategic Plan, The Board
received an update on the Authority's repositioning efforts. Staff reported that AH
Forward has submitted a draft Repositioning Plan and a draft Capital Needs
Assessment Request for Proposals (RFP) for the public housing portfolio. Staff will
review both documents and meet with AH Forward to discuss the drafts, provide
feedback, and determine next steps for advancing the repositioning process.
Additionally, the Board received an update on post-Management and Occupancy
Review (MOR) activities at Cypress Terrace. Du and Associates continue to provide
technical assistance and support following HUD's review. Progress has been made
toward achieving HUD compliance and restoring voucher readiness, with TRACS
compliance increasing to 82% after additional certifications were submitted.
Recertification efforts are nearing completion, with only a small number of resident
files remaining outstanding.
The waiting list has been reopened, and applicant interviews are being conducted
regularly, resulting in significant progress in applicant processing. Reviews of utility
allowance documentation and tenant file compliance remain underway, while rentJump to an indexed page (141 of 141)