newport-news-housing-authority-board-minutes-july-15-2025_d3e.pdf
NNRHA Provides $13.1M Loan for Housing Project
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Description
The Newport News Redevelopment and Housing Authority is providing a $13,116,280 loan to Choice Neighborhood V-Downtown, LLC for development and construction. The funding comes from CNI, NNRHA, and the City, with groundbreaking scheduled for August 2026 to expand affordable housing.
Contract Details
Contract Amount
$13,116,280
Vendor
CHOICE NEIGHBORHOOD VDOWNTOWN
Agency
Newbern Housing Authority, TN
Contract Type
Loan
Document Date
July 15, 2025
Contract Term
NA
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