Loanapproved

Newport News Redevelopment & Housng Authority Awards $18,116,280 Loan Contract to Choice Neighborhood Vdowntown (October 2025)

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.

Status
approved
Document date
October 21, 2025
Contract type
Loan
Vendor
Choice Neighborhood Vdowntown
Agency
Newport News Redevelopment & Housng Authority · VA

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$18,116,280
Contract type
Loan
Contract term
NA
Document type
Agenda
Source document
newport-news-redevelopment-housing-authority-board-meeting-agenda-october-21-2025_ea3.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Choice Neighborhood Vdowntown was awarded this loan contract by Newport News Redevelopment & Housng Authority, as recorded on October 21, 2025. The contract value is $18,116,280.

How much is the Choice Neighborhood Vdowntown contract with Newport News Redevelopment & Housng Authority worth?

The Choice Neighborhood Vdowntown contract with Newport News Redevelopment & Housng Authority is valued at $18,116,280, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a agenda record.

Where was this contract approved?

This contract appears in newport-news-redevelopment-housing-authority-board-meeting-agenda-october-21-2025_ea3.pdf (Agenda), dated October 21, 2025 from Newport News Redevelopment & Housng Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Choice Neighborhood Vdowntown hold?

Choice Neighborhood Vdowntown 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 Choice Neighborhood Vdowntown'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

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