Loanpending

NNRHA Provides $13.1M Loan for Housing Project

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.

Status
pending
Document date
July 15, 2025
Contract type
Loan
Vendor
Choice Neighborhood Vdowntown
Agency
Newbern Housing Authority · TN

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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
$13,116,280
Contract type
Loan
Contract term
NA
Document type
Minutes
Source document
newport-news-housing-authority-board-minutes-july-15-2025_d3e.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the loan contract by Newbern Housing Authority?

Choice Neighborhood Vdowntown was awarded this loan contract by Newbern Housing Authority, as recorded on July 15, 2025. The contract value is $13,116,280.

How much is the Choice Neighborhood Vdowntown contract with Newbern Housing Authority worth?

The Choice Neighborhood Vdowntown contract with Newbern Housing Authority is valued at $13,116,280, covering loan work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in newport-news-housing-authority-board-minutes-july-15-2025_d3e.pdf (Minutes), dated July 15, 2025 from Newbern Housing 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 Newbern Housing Authority currently buying?

Explore Newbern Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Newbern Housing Authority's profile

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