Newport News Redevelopment & Housng Authority Awards Financial Services Contract to Jefferson-newport News Limited Partnership (June 2026)

The Newport News Redevelopment and Housing Authority approved a consent agreement allowing Jefferson-Newport News Limited Partnership to sell the James River Flats Apartments to Standard James River Owner LLC. The new owner will assume all outstanding bond obligations and continue to reserve at least 40% of units for households at or below 60% of area median income.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Consent relates to transfer of ownership and assumption of 2013 revenue bond obligations; affordability and bond covenants remain in place under the new owner.

Document type

AgendaPacket

Source document

Newport News Redevelopment and Housing Authority Agenda Packet 2026-06-16

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Newport News Redevelopment & Housng Authority?

Jefferson-newport News Limited Partnership was awarded this financial services contract by Newport News Redevelopment & Housng Authority, as recorded on June 16, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Newport News Redevelopment and Housing Authority Agenda Packet 2026-06-16 (AgendaPacket), dated June 16, 2026 from Newport News Redevelopment & Housng Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Jefferson-newport News Limited Partnership hold?

Jefferson-newport News Limited Partnership may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Jefferson-newport News Limited Partnership's profile

What is Newport News Redevelopment & Housng Authority currently buying?

Explore Newport News Redevelopment & Housng Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Newport News Redevelopment & Housng Authority's profile