newport-news-redevelopment-housing-authority-board-meeting-agenda-october-21-2025_ea3.pdf
Loan approved for Choice Neighborhood V-Downtown
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Description
Approval given to issue project loan of $13,116,280 as construction financing and $5,000,000 as permanent financing to Choice Neighborhood V-Downtown, LLC for CNI onsite housing construction. Project includes 73 units on Washington Avenue between 28th and 29th Streets.
Contract Details
Contract Amount
$18,116,280
Vendor
CHOICE NEIGHBORHOOD VDOWNTOWN
Agency
Newport News Redevelopment & Housng Authority, VA
Contract Type
Loan
Document Date
October 21, 2025
Contract Term
NA
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Related Contracts
nw-regional-housing-authority-agenda-choice-neighborhood-commercial-partners-development-corporation-board-meeting-jul-15-2025_093.pdf
NAnewport-news-housing-authority-board-minutes-july-15-2025_d3e.pdf
pendingnewport-news-redevelopment-housng-authority-agenda-2023-02-21_278.pdf
pendingIssuing Agency
Newport News Redevelopment & Housng Authority
Local Housing Authority
Newport News, VA
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