city-of-suffolk-city-council-meeting-agenda-september-17-2025_5f3.pdf
Virginia Housing: $3M Award for Peanut Crossing-Phase II
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Description
Virginia Housing announced a $75M commitment to help catalyze investment in the development of housing for middle-income workers in communities experiencing job growth. Based on the information provided in your application submission for Peanut Crossing - Phase II, an interest rate subsidy in the amount of $3,000,000.00 has been awarded to the project.
Contract Details
Contract Amount
$3,000,000
Vendor
VIRGINIA HOUSING
Agency
City of Suffolk, VA
Contract Type
Grant
Document Date
September 17, 2025
Contract Term
NA
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