INDEPENDENT LOCAL NEWSNewport News, Virginia
Back to the record

Document text 路 Page 4 of 11

NNRHA proposed annual agency plan, FY2026

Text from the approved public copy. Page numbers follow the PDF sequence.

Open Source Document

This page uses extracted PDF text. Text can misread numbers, dates or table columns. Check the PDF before quoting or interpreting it. Redacted areas remain redacted.

Previous version is obsolete Page 4 of 11 form HUD-50075-ST (9/30/2027) B.2 New Activities. (a) Does the PHA intend to undertake any new activities related to the following in the PHA鈥檚 applicable Fiscal Year? Y N Choice Neighborhoods Grants. Modernization or Development. Demolition and/or Disposition. Designated Housing for Elderly and/or Disabled Families. Conversion of Public Housing to Tenant-Based Assistance. Conversion of Public Housing to Project-Based Rental Assistance or Project-Based Vouchers under RAD. Homeownership Program under Section 32, 9 or 8(Y) Occupancy by Over-Income Families. Occupancy by Police Officers. Non-Smoking Policies. Project-Based Vouchers. Units with Approved Vacancies for Modernization. Other Capital Grant Programs (i.e., Capital Fund Community Facilities Grants or Emergency Safety and Security Grants). (b) If any of these activities are planned for the applicable Fiscal Year, describe the activities. For new demolition activities, describe any public housing development or portion thereof, owned by the PHA for which the PHA has applied or will apply for demolition and/or disposition approval under section 18 of the 1937 Act under the separate demolition/disposition approval process. If using Project-Based Vouchers (PBVs), provide the projected number of project-based units and general locations, and describe how project basing would be consistent with the PHA Plan. Choice Neighborhood Grants: Marshall-Ridley Choice Neighborhoods Initiative (CNI) Phase 4 - Legacy Landing II - 99% complete - 84 units - Construction projected to finish by August 2025. Phase 5 - Downtown (CNI V) - In Design and Development - 73 units - Groundbreaking scheduled for July 2025 - 18 month project. Health & Wellness Trail- Completion projected for August 2025, Connects Pinkett's Beach to 18th Street, Encourages healthy living, walkability, and community connectivity and Links major corridors like Ivy Avenue and 16th Street. Modernization or Development: The renovations are complete for the Orcutt Townhomes and RAD conversion. The anticipated RAD closing for Orcutt Townhomes I will occur in September 2025. Demolition and/or Disposition: Marshall Courts VA003000302-A demolition plan of 88 units has been approved by HUD. Demolition will begin in July 2025. Relocation of the 88 units occurred in 2024 and 2025. To date a total of 259 apartments have been renovated. NNRHA may consider conversion of existing developments to Project-Based Vouchers under Rental Assistance Demonstration (RAD). Other Capital Grant Programs (i.e., Capital Fund Community Facilities Grants or Emergency Safety and Security Grants): In 2023, NNRHA implemented the Marshall-Ridley Residential Facade Program. The program is a $2.1 million grant funded program funded by the City to assist owner-occupied home buyers in the Choice Neighborhood Initiative area with exterior improvements. The grant allows for exterior improvements up to $20,000 for each property. To date, 76 projects were funded from 2023. As of July 2025, additional funds are available and they are on a first come, first serve basis. NNRHA approved the issuance of Multifamily Housing Revenue Bonds in the amount not to exceed $16,000,000 for the construction of two multifamily residential rental housing projects with a total of 62 units. The bonds will be used for financing a portion of the costs of acquiring, constructing, and equipping the two affordable housing developments to be known as the Coile Phase I and the Coile Phase II. Sponsoring Partnerships & Revitalizing Communities (SPARC) Virginia Housing awarded NNRHA $3 million in SPARC Funding in 2024. The SPARC program allows homebuyers utilizing a Virginia Housing loan product to buy down their interest rate by 1%. With the addition of SPARC funding, the Housing Authority is able to expand our reach and offer Down Payment Assistance to qualified buyers.             
Jump to an indexed page (11 of 11)

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